Blockchain startup Beyond Protocol has unveiled its latest use case, rewarding EV owners when they charge their cars.
The program comes with a hardware wallet that will be installed inside the cars. All of the cryptocurrencies earned from charging activities are sent to this wallet, which the owner can access. These tokens can then be held by the EV owners, sold, or exchanged for other digital assets or fiat currencies.
Beyond Protocol has already partnered with Stripe, DoorDash, and Cisco, as well as the European Union Commission on an eBike charging station outside Slovenia’s Parliament. The station is powered by blockchain, which authenticates each bike and provides a full charge of electricity. Beyond Protocol is scaling out this concept by building out charging stations for electric cars throughout Slovenia in partnership with Stripe.