Electric Vehicles’ Ecosystem on Blockchain
Electric mobility is the greatest opportunity for the planet to utilize abundance of clean energy and gradually exit from fossil fuel. However, there are various challenges that need to be addressed to give enough momentum to electric mobility before the planet suffers an irreversible damage. Prohibitive cost of batteries, slow charging, limited life of batteries and me ager numbers of charging infrastructure, associated support and service are to name a few challenges to be addressed. Battery technology has been the focus of sustained innovation. Initiatives to develop low- cost, fast charging battery technologies that support long range use looked set to yield promising results. In 2017, car manufacturers targeted higher battery capacities of over 60 kWh that increased the range of an EV up to 200 miles on a single charge.
The EV charging infrastructure challenge has not yet been adequately addressed and there is still a need for more charging stations. There are currently over 90,000 public charging stations globally which are poised to expand to over 120,000 in 2018. However, charging stations typically tend to be clustered around areas where EV sales are the highest. This is on the verge of transforming. The issue as we see it though it not just about adding more charging stations. It’s also about developing charging technology. So, what’s next for this piece of the EV puzzle? We believe that ultra-fast charging and inductive charging will be the next wave.
CZero Electromotives & Ecosystemsis a startup based out of India,a recognized startup by Govt of India.It comprises of highly experienced people with relevant background in automotive, technology and entrepreneurship.
With patented technology, the CZMT Token aims to become the de-facto currency of choice for Electric Vehicle community. The intent is to spread the usage of Electric Vehicle Community worldwide given the motivation to earn these tokens along with the noble cause of leaving a better living environment for our future generations. The CZero tokens are designed to be redeemable against services or products on the CZero & Partner networks.
The focus of CZero is to manufacture technically prudent but affordable charging infrastructure products such as
- AC Level 2 charging station
- DCLevel 3 Fast Charging station
- Wireless Chargers
- Battery Swapping Station
- Custom packaged Li-Ion batteries
- Manage the network of commercial, community and personal charging stations
- An Innovative blockchain based payments and rewards system
- A long with 24×7 support and service
How its work on blockchain
Each of the devices are fitted with IOT chip. These chips will keep sending consumption details such as electricity in kw or distance driven.These IOT transactions gets recorded in CZERO Network Blockchain which is a low latency ERC20 network.Based on usage and transactions, upon certain threshold crossed, rewards are credited to users wallet.User can either spend those tokens in the CZERO network for various services or exchange the reward points to public tokens on ethereum main network.Thus our users are our miners. This will give rise to adoption of electric vehicles.
CZMT Token smart contract technical parameters
|Token Name:||CZero Mobility Token|
|Start:||June 10, 2018, 00:01 AM (GMT)|
|Exchange rate:||1 ETH = 5000 CZMT @ Stage 1 of Presale|
|Crowdsale Contract Address:||0x19315C53bBe54BAc9E2F710d075E0388E136b302|
CZero is leading the change to ensure that India and its residents can achieve the 2030 goal. Electric vehicles currently account for 0.06 percent of the total vehicle fleet globally, but the industry is growing, seeing a 300 percent growth year to year. The challenge is there is no current credible solution to convert fossil fuel vehicles to electric. To top it off, electric vehicles also historically take a long time to charge and there are few charging stations. There are also not enough service repair experts available who are experienced and qualified to repair electric vehicles.
CZero’s range of well-researched and patented EV products aim to address all of these challenges. The company has fast-charging technology that can charge the vehicle’s supercapacitor-based battery up to 80 percent in 15 minutes. They also have plans to leverage local service garages/gas stations and small repair shops to create swapping stations to facilitate near real-time charging of vehicles by swapping the dried-up batteries with the charged ones.Want to join this project? Please get more information visit links below :
Website : https://token.czeromobility.com/
Facebook : https://www.facebook.com/CZ.CZeroMobility/
Twitter : https://twitter.com/CZeroMobility
Medium : https://medium.com/@czeromobility
author : https://bitcointalk.org/index.php?action=profile;u=1153822