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Briefing
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- EV Charging Blockchain – Researchers from University of Waterloo integrated blockchain, particularly smart contracts, to electric vehicle charging system in Canada
- Minimal Design – Mimics existing interfaces to ensure there is minimal modification, and can be migrated iteratively over time, resulting in fully decentralized solution
- Advantages – System will improve trust and transparency between charging service providers, property owners and drivers who will be able to verify charges or costs
- Blockchain Trial – Collaborated with charging service provider and property owners to install electric vehicle supply equipment and blockchain for distributed power grid and tracking cobalt in EV batteries used by drivers for a fee
- EV Adoption – Can expand charging infrastructure coverage, which can impact electric vehicle adoption
- Future Plans – May incorporate machine-to-machine communication in future where electric vehicles can sense and drive to nearest charging station
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Accelerator
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Sector
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Energy, Transportation and Logistics
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Function
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Customer Experience and Service, IT Infrastructure, Operations, Manufacturing and Production, Research and Development, Supply Chain and Logistics
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Organization
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University of Waterloo
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Source
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Original Publication Date
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August 14, 2019
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