BIM Blockchain & Energy

A final example of how innovative companies are using Blockchain technology to disrupt energy supply. Blockchain Energy P2P sharing project Share&Charge going into live Beta. Share&Charge enables users to easily share their private Electric Vehicle charging stations. The operator of the pole is rewarded in tokens valued at EUR 1 they can then use to consume other services on the platform, including gaining access to 3rd party offers, or redeeming the tokens for cash.

How does it work?

Share&Charge leverages the Blockchain, and has chosen Ethereum in particular because of its support for smart contracts. On this chain they create a token, to which they assign a mobility value denominated in EUR, (not dissimilar to a gift card). Users can purchase these tokens or earn tokens by providing services.

This Blockchain enterprise suggests that a micro electric supply grid can function. Imagine if all our public buildings were net zero energy positive, actual producers of energy through renewable resources. We could have a network of micro grids where you could charge up your phone to your car for a payment that contributes to the local economy.

Share&Charge in effect inherits from the blockchain core characteristics: namely immutability, refutability, and automation, all three of which leading to cost reduction and the creation of never seen before peer to peer services.