Bosch to try out Ethereum Blockchain based automated car charging station

Bosch has partnered with EnBW, a German electric utility company, to prototype a blockchain based car charging station. The German giant wishes to personalize the payment experience and automate the car charging process.

According to Bosch,

“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.”

The company has decided to use Ethereum’s Blockchain to deploy the prototype, with an aim to fully automate the transaction including the reservation and the payment system, its website elaborates:

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

Elaborating more on their plan, Bosch said,

“As soon as the car reaches the entrance to the chosen parking garage, it will identify itself at the entry barrier, which will then be raised without the driver having to remove a ticket from the dispenser.”

Bosch believes that soon there will be 125,000,000 connected cars on the road.

It must be noted that Bosch isn’t the first company to make such a use of Ethereum’s blockchain. Earlier, Innogy Innovation Hub had deployed 1,000 electric charging stations across Germany, all of which are now running on Ethereum’s public blockchain.

In other ETH news:

Leading Electrical Company EDF teams up with Ethereum based dApp iExec

Samsung soon to introduce Ethereum wallet in Budget Galaxy Phones

Fluidity to develop the first Ethereum powered mortgages in New York and California

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