Tech start-up Charg brings Ethereum Blockchain technology to Electric Vehicle (EV) drivers and charging station owners. This gives any property owner the ability to sell their electricity and helps EV users find them.
Ethereum blockchain-backed charging platform and station finding app Charg has announced it’s platform’s intentions. The platform addresses the issue of finding a charging station and creating a secure marketplace for the sale of electricity. The ICO began on Nov, 16 2017 and will run until Dec 31, 2017.
According to CNN Money, India, Britian, France, Norway, China and at least 10 other countries have sales targets for electric vehicles. These countries all plan to ban gas and diesel sales within the next 10-30 years. Charg aims to alleviate the rising demand for EV charging by providing people a way to monetize their charging stations. Pre-existing stations will be easily adaptable with a smart plug. If a property owner doesn’t already have an established station, Charg will distribute a kit to build one.
Charg’s blockchain technology allows easy distribution using Ethereum smart contracts. It offers anyone in the world the ability to lease their power and provides a low cost of entry. People will find that making money from their home is incredibly easy with the Charg platform.
In addition to creating more EV charging spots, the Charg app accesses a database of all pre-existing charging locations in the world and allows the driver to find a station within easy reach. If there are no traditional stations around, it is likely drivers will find a monetized Charg station and will be able to pay instantly via their phone.
Interested parties have the opportunity to purchase tokens on charg.io through Dec 31, 2017. They can use Charg Coin to pay for EV charging or hold onto Charg Coin long term and watch the value grow as Charg reshapes the transitioning 11.6 trillion dollar fuel industry.
Official Website Here – http://charg.io
Charg Whitepaper Here – https://www.charg.io/white-
Follow Charg on Twitter Here – https://twitter.com/charg_io
Find Charg on Facebook Here – https://www.facebook.com/