Bosch to deploy Ethereum blockchain at car-charging stations for electric vehicles

Bosch, the multi-national engineering giant, joined hands with Ethereum to deploy blockchain technology and smart contracts at car-charging stations. Although still in its testing phase, Bosch is partnering with the Germany-based electric utility company EnBW to test out a prototype of blockchain-based car charging stations.

As previously reported, a Bosch official said,

“The idea is to streamline and tailor the entire process to customers’ needs, so they can select, reserve, and pay for recharging services as they see fit… The entire transaction – reservation and payment – is a fully automated blockchain operation. This service can factor other customer preferences into the equation. For example, a customer who has small children and likes coffee could opt for a charging station with a playground and cafés nearby.”

Further, the engineering giant’s website also hinted at the flexibility offered by Ethereum. It said,

“The Ethereum platform allows such projects, including for example, in the case of Bosch applications, the autonomously charging and paying car points”

However, Bosch isn’t the first company to make such a use of Ethereum’s blockchain. In a similar case, Innogy Innovation Hub, a branch of the energy company RWE had deployed 1,000 electric charging stations across Germany, all of which are now running on Ethereum’s public blockchain.

Further, Ethereum’s blockchain is also the center of research being conducted by Siemens.