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How Blockchain is Shaping the Future of Private Transport

Thu Jan 05, 2017 12:35 am

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If we can make payments at shops, supermarkets and for public transport using our mobile phones, why not use these devices to pay for parking, highway tolls, and car-sharing fees using dedicated in-built eWallets in our cars?; this is what in under development thanks to UBS, innogy, and ZF.

Swiss bank UBS has teamed up with German energy company innogy SE and automotive technology company ZF to create blockchain-based eWallets for electric cars. The intention is that with this new technology car owners will be able to pay on-the-go for electric charging, parking fees, highway tolls and receive car-sharing fees if he or she decides to take part in the sharing economy...

Read more here:

https://btcmanager.com/news/business/ho ... transport/


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