ElaadNL unveiled the world's first electric charging station where charging and payment can be made using IOTA Tangle technology. ElaadNL has announced the charging station in a blog post, indicating that it is part of its new test site in the Arnhems Buiten business park in the Netherlands.
IOTA HAS BEEN A PERFECT ADJUSTMENT
In announcing the new station, ElaadNL described the IOTA Tangle as being perfectly suited to the sector, saying it could have a significant impact on other sectors.
This technology could perfectly fit in the future connected and fully digitized world. Exploration of this technology in the field of e-mobility could also provide information for other (related) sectors such as the energy sector.
IOTA Tangle is a distributed registry protocol that is designed to address the growing Internet of Things (IoT) industry. It is open source and facilitates machine-to-machine interactions, including real-time payments and secure data transfer.
The post then detailed the effectiveness of IOTA, noting that it eliminates the need for an intermediary and makes the entire process stand alone.
No back office and no communication protocol is required to operate the charging station: transactions are exchanged directly without the use of a payment card or subscription. The IOTA charging station operates completely autonomously and supports communication and payment with the user. The values of the meter are stored every 15 minutes in the entanglement, which guarantees a reliable and irrefutable administration.
The charger establishes a TCP / IP connection with the car via pre-installed hardware, and the connection facilitates machine-to-machine payment and data exchange. The charger is available to the public, and cars that do not have the necessary hardware or software for stand-alone machine-to-machine transactions will be able to send IOTA tokens using the normal IOTA portfolio.
THE BACKGROUND OF THE MACHINE ECONOMY
Speaking of this partnership, Alisa Maas, Mobility Manager for IOTA, described the solution as a showcase of IOTA's potential to become the backbone of the machine economy.
This solution demystifies the potential of IOTA to become the backbone of the machine economy. Thanks to advanced innovation from ElaadNL, transparent e-mobility is taking a big step forward and we look forward to sharing this success with the rest of our growing ecosystem, at the crossroads of mobility sectors, energy and smart cities.
ElaadNL is a joint initiative of the Dutch network operators that studies the charging of electric cars in a reliable and sustainable way. Its managing director, Onoph Caron, expressed optimism about the spread of distributed register technology in the future.
This charger shows the ability to use real machines to perform communications and micropayments, with the use of IOTA as a secure layer for these payments and data. ElaadNL studies all kinds of innovative and intelligent technologies in electric car charging. DLT technology could become widespread in the near future.
The announcement comes at a time when the cryptocurrency market is rebounding after a long period of slowdown, and will add to the momentum of IOTA seeking to recover its record price.