Bitcoin Futures Are A Great Buy At $8,500

6m
cryptonewmedia

View the Bitcoin Blockchain First Hand in 3D

11m
cryptodaily

Can Facebook’s Libra Be Used For Illicit Transactions? |

42m
cryptonewmedia

Fundstrat: Bakkt’s Launch Expected by Late Q3, Could Be ‘Huge Accelerator for Market Growth’

1h
cryptoglobe

Why Is A VPN Absolutely Necessary For You?

1h
bitcoinwarrior

Bitcoin’s Bull Run in 2015-2017 is Very Similar to What We’re Seeing Now, Analyst Opines

1h
zycrypto

Week of Crypto-Regulations: Governments in the US, China and India Take Heed

1h
coingape

Financial Analyst: Bitcoin Futures Are A Great Buy At $8,500

1h
bitcoinist

Despite Being “For Everyone,” Those Banned from Facebook Likely Can’t Use Libra

2h
beincrypto

Bitcoin Price (BTC) Signaling Bullish Continuation To $11K

2h
cryptonewmedia

Can Facebook’s Libra Be Used For Illicit Transactions?

2h
bitcoinwarrior

NYDAX: Seeking to Disrupt Wall Street and Pave the Way to Digitized Securities

2h
bitcoinwarrior

CGC Kyiv 2019, the largest blockchain gaming conference announced on Oct 10-11 – 1500 delegates from 50 countries, 100 speakers, VR, AR, hackathon

2h
block

Blockchain Life 2019

2h
block

The Future of Automation in UX and Design System Ecosystems with Jiří Třečák (Supernova) at TCE2019 Prague

2h
block

Bitso Get License to Operate XRP-based xRapid Transactions in Mexico

2h
thebitcoinnews

This Week in Cryptocurrency: July 19th, 2019

2h
thebitcoinnews

Zcash Forks Into New Blockchain Network Ycash

2h
thebitcoinnews

550 Bitcoins Locked in Ethereum-based Tokens Called WBTC

2h
thebitcoinnews

Libra Does Not Qualify as a Crypto, the World Doesn’t Need it: BlackRock CEO

2h
thebitcoinnews

Hayek’s 1984: Rediscovered Footage Shows Austrian Economist Predicting Bitcoin

2h
thebitcoinnews

7 Unorthodox Ways to Mine Bitcoin

2h
thebitcoinnews

Bitcoin Cash Milestones: Delivered Code, Upgrades and Platform Development

2h
thebitcoinnews

Bitcoin and Cryptocurrency Not Banned in India, Government Official Confirms

3h
coingape

Ex-Microsoft Engineer Charged with Mail Fraud After Stealing Millions in Digital Currency

4h
beincrypto


Bosch Testing Ethereum Based Car Charging Stations – Trustnodes

Bosch, the German giant with €78 billion in yearly revenue, has laid out a vision of the economy of things running on the blockchain with the utilization of smart contracts.

“In the future, things will not only be communicatively networked but will also cultivate business relationships with one another,” says Bosch CEO Volkmar Denner.

They’ve entered into a partnership with EnBW, a publicly traded electric utilities company with €22 billion in yearly revenue, to prototype a blockchain based car charging station.

Their aim is to personalize the payment experience and to automate the car charging process by offering different prices to different customers based on numerous factors. They say:

“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.”

“The Ethereum platform allows such projects, including for example, in the case of Bosch applications, the autonomously charging and paying EV,” they say in a page describing blockchain tech more generally.

We’ve asked for further information, including the smart contract address, and will update if a response is received.

In addition they’re testing automated parking charges with Siemens which is already running in the research campus of Bosch in Renningen and on the Siemens Campus in Munich.

“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.

The driver will also be able to leave the parking garage without further ado, since the vehicle will have already communicated with the exit barrier and settled the parking fee in a digital transaction,” they say.

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

At their research campus, they highlight skills in data mining, sensors technology and the Internet of Things (IoT).

They’re further looking for an Engineer in IoT Security specifically with ethereum experience, rather than blockchain in general. Suggesting all these projects might be running on eth, rather than just the charging station.

We couldn’t establish whether it is a public of private ethereum blockchain, but another company now known as Innogy launched hundreds of ethereum based electric car charging stations running on the public blockchain.

We’re not aware of anyone else prototyping automated parking charges which are presumably based on machine to machine communication through sensors and wifi with smart contracts then handling the payment with potentially data mining Oracles in the background.

Such machine to machine payments and communication is what Bosch is calling the economy of things and that might be the future which they’re working towards building.

Copyrights Trustnodes.com

Regarding any copyrights issue, please contact us:content@hashbee.com.

0 comments