The problem of the lack of electric charging stations for zero-emission or low-emission vehicles has been solved by the French startup QoWatt. The use of blockchain in this field has had a significant impact, propelling QoWatt to the forefront of startups involved in the green energy field. However, the company's innovative spirit did not stop there! QoWatt reinforced its belief in blockchain and Web3.0 in general by announcing the native integration of cryptocurrency payment directly from its public charging stations. With this integration, QoWatt is paving the way towards a future where decentralization is the key to a freer world while offering an innovative solution that is more respectful of the environment.
In addition, its strategy of becoming the first global company to offer this type of cryptocurrency payment service gives it a significant advantage for its development, ensuring a more promising and scalable future. Currently, the company accepts payments in well-known cryptocurrencies such as BTC, EGLD, USDT, UTK and DASH, but this is just the beginning!
But how could all this be achieved? For such a project, two essential aspects had to be taken into account: on the one hand, the electric terminals and their installation, for which the QoWatt team collaborated with several players, including e-totem.fr, a manufacturer specializing in the manufacture and operation of charging stations open to the public. On the other hand, the blockchain and payment aspects were taken care of by the MultiversX blockchain (formerly known as "Elrond"), a highly scalable and secure blockchain that recently partnered with "GOOGLE CLOUD" in the field of AI and Big Data, in the context of Web3.0. What also attracted QoWatt to integrate the MVX (MultiversX) blockchain is its "xMoney" application, a leading payment solution that modernizes finance and payments, offering both fiat and cryptocurrency options on a global scale.
All this was made possible by the successful raising of $10 million in 2022, carried out through a token issuance (QWT). This event marked the beginning of a new chapter in the world of electro-mobility and digital transactions. This major technological advancement demonstrates a significant convergence between the world of technology and reality, paving the way for a revolution in the electric charging sector. Players in this field are preparing to respond more precisely to the needs of drivers while improving the quality of service.
Hugo MANTEAU, CEO and Founder of QoWatt, emphasizes: "By enabling cryptocurrency payments directly on our terminals, we offer our users unparalleled flexibility, while paving the way for an era of major innovation for electric cars. We are convinced that the combination of sustainable mobility and blockchain technology represents the future."
Awarded the title of "Best Blockchain Project Applicable to the Real World" at the xDay Conference in Bucharest on October 21, QoWatt confirms, for the second consecutive year, its leading position. The company is intensifying its research and development strategy in the service of electric mobility, which is now the third most commonly used energy source, surpassing diesel.