What is C+Charge?
C+Charge aims to build a robust Peer-to-Peer (P2P) payment system for EV charging stations built on blockchain technology. Users will be allocated individual electronic wallets, which they can use to pay for the charge at charging stations globally. C+Charge’s payment system is powered by the C+Charge utility token to pay for each charge. Utilizing the crypto wallet through the app avoids the need to utilize a point of sale system significantly reducing costs for the charging station owner. Everytime a EV driver utilizes the C+Charge utility token to pay for a charge, they will earn carbon credits which will be stored in their C+Charge app. Token holders will also earn carbon credits through “reflections”. EV drivers and C+Charge token holders will be able to utilize carbon credits that have previously been reserved for large corporations.
C+Charge is positioned to be revolutionary in the crypto and EV sectors, becoming the first platform on or off chain that will reward drivers with carbon credits. It also aims to bring standardization to EV charging payments, bringing much needed transparency to an industry devoid of it. The C+Charge platform has the potential to be the standard platform across all swaths of the EV charging sector, aiming to reduce the average transaction latency and enhance transactional throughput, creating more efficient charging stations that will enable an increase in capacity to support expected EV growth, promoting a user experience for all stakeholders that will allow for greater adaptation and growth of the EV industry, resulting in the further reduction of carbon pollution and a cleaner environment that will benefit generations to come. The platform has the potential to be utilized by municipalities to better manage their fleets and public charging stations, while incorporating carbon credits into the incentive program for drivers to adopt EV’s, promoting a sustainable future.