The problem of the shortage of electric charging stations for zero-emission or low-emission vehicles has found an answer thanks to the French start-up QoWatt. The use of blockchain in this field has had a significant impact, propelling QoWatt to the forefront of start-ups involved in the green energy sector. However, the company’s innovative spirit did not stop there! QoWatt strengthened its conviction in blockchain and Web3.0 in general by announcing the native integration of cryptocurrency payments directly from its charging stations open to the public. With this integration, QoWatt paves the way toward a future where decentralization is the key to a free world while offering an innovative solution that is more respectful of the environment.
Furthermore, its strategy to become 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 only the beginning!
But how was all of this achieved? For such a project, two essential aspects had to be taken into account: on the one hand, the electric stations and their installation, for which the QoWatt team collaborated with several players, notably e-totem.fr, a manufacturer specialized in the production and operation of charging stations open to the public. On the other hand, aspects related to blockchain and payments were handled 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, within the context of Web3.0. What also attracted QoWatt to integrating 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 of this was made possible thanks to the success of the 10 million dollar fundraising in 2022, carried out through a token issuance (QWT). This event marked the beginning of a new chapter in the universe of electro-mobility and digital transactions. This major technological breakthrough 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 service quality.
Hugo MANTEAU, CEO-Founder of QoWatt, emphasizes: “By allowing cryptocurrency payment directly at our charging stations, we offer our users unparalleled flexibility, while paving the way for an era of major innovation for the electric car. We are convinced that combining 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 last October 21, QoWatt confirms, for the second consecutive year, its leading position. The company is intensifying its research and development strategy in service of electric mobility, which is now the third most commonly used source of energy, surpassing diesel.
