Blockchain empowerment, charging pile accelerates new infrastructure

Source: Lookout Think Tank

It's as simple as charging the phone.

When the owner needs to use the charging pile to charge, the shared charging pile platform will record the charging process and pay the settlement of the charging fee after the digital identity is confirmed; the members in the platform can conduct open and transparent real-time accounting of the charging situation Solve the possible trust friction between multiple parties, and form a shared charging alliance in which electric vehicle time-sharing leasing operators, property rights owners, charging pile operators, electric vehicle owners, power supply companies and other parties participate together.

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Finally, the utilization efficiency of the charging pile can be fully stretched and released. The key to all problems is the distributed mobile digital identity sharing charging platform based on blockchain.

This is the latest achievement of blockchain technology in the field of charging piles.

There have been two major problems in the construction of private charging pile sharing platforms:

First, the platform is highly centralized, and "information islands" have been formed among various platforms . Operator-led centralized platforms have high credit reporting costs and fragile credit systems, and cannot guarantee the credit security of point-to-point direct transactions between charging pile owners and electric vehicle owners. Once the central organization is attacked, data may be lost or tampered with serious consequences. In terms of charging fees, charging piles of different subjects require different payment channels, which makes it difficult for users to pay.

Second, private charging piles are difficult to share . Due to parking spaces, electricity charges, and safety issues, private charging piles, which account for nearly 60% of the total charging piles, cannot form a sharing economy. On the one hand, they hinder the development of the electric vehicle industry.

At the beginning of the year, the China Electric Vehicle Charging Infrastructure Promotion Alliance's "Annual Report on the Development of China's Charging Infrastructure 2019-2020" showed that as of December 2019, the cumulative number of charging infrastructure in the country was 1.219 million, of which 516,000 were public piles. There are 703,000 private piles, with private piles accounting for 57.6%.

According to public data, as of the end of 2019, the number of new energy vehicles reached 3.81 million, of which the number of pure electric vehicles reached 3.1 million, accounting for 81.19% of the total number of new energy vehicles. According to the calculation of 3.1 million pure electric vehicles, the current pile ratio in China is only 2.6: 1, which is far lower than the 1: 1 proposed in the "Guide to the Development of Electric Vehicle Charging Infrastructure Development (2015-2020)".

Chen Qingtai, chairman of the China Electric Vehicle Hundred People's Association, predicts that by 2030, China's electric vehicle sales are expected to exceed 15 million, and the number of ownership is expected to exceed 80 million. By then, pure electric vehicles may reach 64.8 million. If strictly calculated according to the 1: 1 pile-to-vehicle ratio, from 2021 to 2030, more than 63 million piles need to be built.

During this period, the shared private pile will continue to carefully explore the profit model in the charging pile industry. Among them, blockchain technology will be ubiquitous, incarnate accelerator, and further demonstrate its own value:

The multi-centered, hard-to-tamper and traceable characteristics of blockchain technology combined with digital identity system, self-incentive credit system, blockchain-based car networking system and other typical blockchain-based application scenarios can build a set of proven An effective charging pile sharing operation platform.

The digital identity system can standardize and customize people's identity information and equipment information of vehicles and piles. On the one hand, cryptographic technology can be used to share and share identity information on the premise of ensuring the security of personal information, and on the other hand, through identity The construction of the system guarantees the safety of personal charging piles in the sharing process.

Establish a self-incentive trust mechanism to solve sharing problems. The car owner confirms the charging behavior and records it on the blockchain, establishing a credit system that integrates "people and car piles". On the one hand, it improves the efficiency of multi-party collaboration, solves the problem of difficulty for the car owner to pay, and on the other A credit system based on consumption scenarios such as charging and parking is an effective supplement to the existing credit system.

In the view of relevant experts, areas including 5G infrastructure, UHV, new energy vehicle charging piles, big data centers, industrial Internet and other fields are one of the main parts of the new infrastructure, with huge investment potential and significant economic and social benefits. The core idea of ​​V2X (vehicle to everything, vehicle-to-outside information exchange) based on blockchain is to use blockchain as a digital distributed infrastructure to carry physical distributed infrastructure including vehicles, piles and roads It is the master of the new infrastructure.

A technology enterprise focusing on blockchain technology and solutions-Hangzhou FunChain Technology Co., Ltd. has cooperated with relevant industrial institutions to conduct research on a variety of new infrastructure scenarios, such as distributed energy storage and charging based on blockchain to achieve energy sources The agile interaction between the terminal and the energy storage terminal promotes the consumption of clean energy; the operation management of the charging pile based on the blockchain realizes a trusted business environment between the owner, operator and user of the charging pile. Promote the energy consumption revolution through the blockchain, in-depth exploration of new formats and models of new energy development, and help new infrastructure.

Li Wei, CEO of FunChain Technology, said that the construction of new infrastructure represented by 5G, artificial intelligence, industrial Internet, and the Internet of Things has become a hot spot; at the same time, the improvement of social governance and the digitization of people ’s lives will set off a new round of climax. Both of these points are inseparable from blockchain technology. FunChain will also increase investment in technology research and development this year, accelerate the basic research and development and industrial implementation of blockchain technology, and better serve the new infrastructure.

Holding up people's livelihood on the one hand and consumption on the other; focusing on taking into account both short-term stimulation of effective demand and long-term increase of effective supply, is the best combination of the four.

With the help of blockchain technology to catalyze, empower, and lay out infrastructure, the construction of new energy vehicle charging piles will usher in a rare opportunity to stimulate the multiplier effect, and to some extent, support the entire new infrastructure.