On May 15th, 2018, both EVShare Foundation and RSK Labs decided to create a bond that allows consumers to use renewable energy in their ride-sharing opportunities. To get to this point with the future of traveling, 21st century IoT information technology pushed the changes ahead. This transition included RSK blockchain and smart contracts.

Diego Gutierrez Zaldivar, the CEO of RSK Labs, feels strongly about how this change will impact consumers. He says:

“Electric, shared, connected, autonomous, sustainably-powered, vehicles (EVs) are more than a trend – they represent a necessary technological and cultural shift toward improved efficiency and a shared clean energy future.”

The founders involved with RSK Lab focus their energy on using decentralized blockchain as the main tool behind the use of renewable energy for EV vehicles. With the different political systems in place, along with smart contacts, consumers should see the simple connection with the RSK blockchain and its ability to keep the tech and institutions together.

Zaldivar addresses the ease of use with the EVShare ride sharing, saying:

“Today, there are electric buses. There is ridesharing. There is even EV ridesharing. But nobody has been able to solve the problem of integrating EV vehicles with sustainable, solar/renewable energy distributed resources – until now. RSK Blockchain and smart contracts are central to that solution.”

There are multiple different technologies within blockchain that help to promote better energy usage and sustainability, with a wide range of transportation options. With this combination of services, clean power is easily created, transported, and shared between members of the platform. This major change may reduce pollution and create a more efficient transportation system.

The involved technologies with RSK’s blockchain and smart contracts include:

  • Bravo Motor Company, which creates the EVShare vehicles and incorporates the partner technology
  • Green Commuter, which offers the app and other operation management for the rides
  • California Lithium Battery, for better battery efficiency as the power source
  • Rethink Energy, which brings the distributed energy sources to the EVShare ecosystem

The constant changes in RSK are necessary for the technical and business sides of the blockchain technology, because it will help to create many new uses for clean energy. Eduardo Munoz, CEO of EVShare, says that the elimination of diesel and petrol-powered engines is a major shift in the industry. Even though electric power is not new, he focuses on how much more efficient the technology is, though the big problem has been the ability to store the energy with better cost efficiency.

The system formed within EVShare and RSK is a blockchain that has impressive amounts of energy, due to the various technologies involved. Every since electron of the energy has the opportunity to be monetized, tracked, and shared between investors, even since the moment that it is collected through solar receptors in the new vehicles. Munoz says:

“Communities will now have the ability to regain their most valuable resource – time – back from the commute they have now, by being able to relax, work, handle meetings, and more, all from the comfort of an autonomous vehicle that is managing energy and monitoring road conditions from many angles every second.”

Essentially, this opportunity makes the use of electric vehicles much more cost-efficient and available than before.

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