Blockchain is being leveraged to reward electric vehicles owners with carbon credits

A couple of days ago I recall making a post on how crypto and blockchain needs some ties with more real world products, what I didn't however mentioned was that it never actually needed to be directed tied, just as stablecoins are effectively trying to replicate the dollar(although not a product) on the blockchain ecosystem, we can see how crypto forming ties with actual products, in my opinion, will bring a lot of value to the ecosystem.

Considering this, I've been on the lookout to see if we will have some sort of innovations with such a structural build ups, last time I read anything that was anywhere close to having a tie with real world products was the so claimed scientist move to develop a stablecoin that was tied to electricity, this cryptographically secure digital currencies was(not sure if its still in the works) supposed to be backed by the price of electricity.

For a fact, it is a great idea given the rather stable demand for electricity and with most things likely leaving behind fossil fuels, we might see a massive spike in demand as inevitably even the blockchain will require more power given the extended list of networks that keeps getting launched every year.

That said, EV owners may be up for some interesting exposure to crypto assets if this project I stumbled upon actually pulls through.

C+charge EV payments app on the blockchain

C+Charge is an upcoming EV charging payment app that aims to streamline the charging process and provide rewards to users. The app will connect EV owners with charging networks, allowing for easy payment transactions and earning carbon credits and sustainable cryptocurrency rewards in the process.

Think about your Google map, giving you directions to where you need to be but better because it's incentivizing the process, also think of your Uber app, connecting you with vehicles to travel without owning this vehicles whereas in the case of C+charge, you as an EV owner is being connected with charge stations without C+charge actually owning any of them, brilliant business idea or what?

You see, the last couple of years have thought us something, the most flourishing businesses have been the ones eating off other people's work, look at Airbnb, own no fuckin house, not sure if they even have a mat to sleep on(Lol) but guess what these guys are doing? Charging hotel owners, apartments landlords and the rest to give them customers. Uber has no car, bolt owns not car but car owners pay them to get customers, Facebook owns not content but advertisers pay them to promote on a platform literally flourishing off the user's content.

All this companies are having it great earning off secondary party products and services, now this is not to say that nothing is being invested to build their own infrastructure to be a channel, just saying it's really less work and profitable at the same time.

So what C+charge should do if successfully launched is enable electric vehicles owners to keep tabs on where charging stations are so as to enable them keep their rides charged and on the road. This is beneficial because for an emerging technology, there aren't as many stations for EVs as there are for gasoline vehicles, so this puts charging stations in front of a potentially large customer base while connecting EV owners with networks to recharge.

The application of blockchain technology

Where does blockchain come in? I'm glad you asked.

There are apparently launching a token of which EV owners will have to pay for charging with and while they are at it, they will earn carbon credits all the way.

The platform's rewards system is one of its defining features. By using C+Charge's utility token, CCHG, to pay for charges, EV drivers can earn carbon credits that can be used for a variety of purposes such as offsetting carbon footprint or even offsetting travel.

Additionally, C+Charge's partnership with Flowcarbon allows for tokenized carbon credits through Flowcarbon's Goodness Nature Token ($GNT) to be earned as well.

As the EV industry expands, C+Charge is looking to capitalize on the growth by providing a painless charging experience with a feature-rich EV charging payment app.

C+Charge leverages blockchain technology to create an easy-to-use, peer-to-peer payment system that eliminates the need for traditional payment systems and their expensive fees. Furthermore, users can observe how much they are spending in real time due to C+Charge's transparent system.

An important trait of C+Charge is its focus on sustainability. EV owners can reap the rewards of carbon credits and sustainable cryptocurrency through this platform. Plus, C+Charge has an advantageous alliance with Flowcarbon that grants tokenized Goodness Nature Tokens ($GNT) in exchange for their emissions reduction efforts. ^{crytonews.com}

As per their Whitepaper, they supposedly have plans to partner with EV companies to expand their network as the technology equally grows on the vast population.

The idea of incentivizing the process of recharging comes as a supposed push for the adoption of EV cars so as to reduce the world's carbon footprint. I personally think the idea behind it all comes at a very crucial time, and the fact that it covers more than just incentivization to use their app means there's far larger focus which given all the prior statements is connecting EV owners with charging networks to painlessly recharge when needed and to keep tabs on available spots, stats and more on the go.

Thank you and please leave a comment, your thoughts matter to me

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