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Apply blockchain technology to electric vehicle battery refueling

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Title:Apply blockchain technology to electric vehicle battery refueling
Authors:Hua, Song
Zhou, Ence
Pi, Bingfeng
Sun, Jun
Nomura, Yoshihide
show 1 moreKurihara, Hidetoshi
show less
Keywords:Blockchain and Fintech
Smart contract, Decentralized application, Battery swapping, Blockchain
Date Issued:03 Jan 2018
Abstract:Battery swapping is a solution of electric vehicle (EV) battery refueling. For EV owners, the battery information and transaction’s correctness, openness, traceability and immutability is difficult to get guarantee in traditional centralized system. The trust lacking between EV owners and swapping station is caused, and becomes a big challenge to EV’s rapid development. An objective mechanism based on decentralized blockchain system is proposed to manage battery swapping and solve the trust lacking issue. With this solution, both battery’s life-cycle information and all operations histories are permanently saved in blockchain network. All key logics are driven by smart contracts, the battery price calculation and the digital currency exchange between EV owners and station are realized by smart contracts automatically and accurately. A primary prototype based on Ethereum is analyzed and implemented to illustrate the feasibility of managing battery swapping and refueling based on blockchain system to solve the trust lacking issue.
Pages/Duration:9 pages
Rights:Attribution-NonCommercial-NoDerivatives 4.0 International
Appears in Collections: Blockchain and Fintech

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