This is Cardano’s first electric vehicle project

This is the criticism that people who don’t know much about the sector have made of cryptos: the lack of convenience, and real-world involvement. Actually, given the growth of the blockchain market in recent years, and the exponential number of applications developed in it, the use of cryptos and blockchain in our daily life is not. just a matter of time.

This has been confirmed for some time, but has recently been confirmed by more and more major players in the traditional economy. In this case today, automobile manufacturer.

The car and the blockchain, a love story soon?

The growth and improvement of bl technologiesocchains the wind seems to be in its sails, and it is attracting more and more curious industries to find options to deploy or strengthen their security there, without paying attention to the bearish context of the market in the last year.

An electric vehicle manufacturer has just announced the launch of a new project, built through Cardano (ADA), for the Sri Lankan market. This was the first launch of the automotive industry on this blockchain, and it would be for a eTuktuk, electronic version famous means of transportation typical of Southeast Asia.

eToro (Europe) Ltd offers cryptocurrency investment as a PSAN, registered with the AMF. Cryptocurrencies are very volatile. No consumer protection.

eTukTuk on ADA, or the future today

The manufacturer wants, thanks to the blockchain, to give the electric vehicle sector the growing power on a large scale, while reducing infrastructure costs, which, according to the project’s communication, are the brakes that have so far prevented the full democratization of electricity within the automotive sector.

Indeed, the development of a new model is already very expensive for manufacturers, but when it is also necessary to provide infrastructure to charge and monitor electric vehicles, this is a nightmare. Take Tesla for example, which had to spend billions of dollars to provide customers with certified fast charging stations. Moreover, in terms of investment capabilities, not everyone is a Tesla.

eTukTuk Team, as well as being on the right track to create a profitable ecosystem thanks to blockchain and cryptocurrencies, it also benefits from the support of the Sri Lankan government, which sees the development of alternatives to classic Tuktuks with a good eye, sharing devices. too old, too polluting, or simply dangerous. The aim of the project is therefore to reduce the number of thermal Tuktuks in circulation, and to replace these eTuktuks, which will create a cheap transport network, reducing Sri Lanka’s dependence on fossil fuels.

The mayor of Colombo, the capital, welcomes this initiative which is necessary for him at all levels. Firstly, for drivers, who should improve their safety and achieve a better livelihood by going electric, especially in the context of the current energy crisis. Also for the nation, reduce the pollution is a challenge for all developing countries.

Driver at the controls, and Cardano to refuel!

The eTukTuk is a great innovation, beyond its physical use, the software infrastructure that is being developed in parallel with the project. In fact, Cardano will come to the payment for eTuktuk electric refills, but also to reward its users, who will share the commission associated with the recharge with the driver.

The price of ADA (currently $0. 3612) responded well to this announcement, made in the framework of the World Economic Forum currently taking place in Davos (Switzerland), and continues to rise, like the entire market at the beginning of the year.

The possibility of such an announcement could allow Cardano reconquer his former higher, to the extent applicable to implement such a system worldwide, and within some time for billions of users who are eager to make a positive impact on the climate, and receive financial rewards for it. By the way, does the idea remind you of anything?

C + Charge, the best encryption for electric vehicle owners

The purpose of Charge C+ (CCHG) is to encourage drivers to go electric through a simple process: offering a simple method of payment at charging stations. In fact, there is now little chance of tomorrow’s existence driven by electric vehicles.

So having a mobile application that allows you to geolocate charging stations and have a more or less universal payment solution, but above all transparency thanks to payment in crypto like an ideal solution.

Presale underway

In summary, C+ Charge will let you recover a percentage of carbon credits allocated to the owner of the charging station in the form of a reward and to have a simple method of payment. So this is a great opportunity to kill two birds with one stone!

In fact, by participating in the Charge C+ project, you will be rewarded for each recharge, and you will probably achieve great added value. the CCHG signal, A central piece of the C+ Charge ecosystem will certainly become a reality when Western governments decide to generalize the use of carbon credits for individuals and also because electric charging stations become the norm.

To take advantage of these benefits, it is better to hurry, because the presale is already underway! To join, all you have to do is connect your wallet to the official website and follow the steps. At the current price of $0.013 with CCHG signal. For $100 spent, you get 7692 tokens! If you want to know more, feel free to consult our guide on how to buy CCHG tokens.

Source: Finbold

This article does not represent investment advice in any way. The information provided here should not be used as a basis for making financial decisions. Investing in cryptocurrency involves risk and can result in significant losses. You should only invest what you can afford to lose and do your own research before making any investment decision.