Energi Mine appointed to develop the world’s first cryptocurrency payment system for Electric Vehicle (EV) charging points

New contract “opens up a world of opportunities” says CEO

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A Manchester-based business has been appointed to launch the world’s first cryptocurrency payment system for Electric Vehicle (EV) charging points.

Energi Mine has secured a contract with electric truck company, Electra Commercial Vehicles, to develop the payment system for its fleet of electric trucks.

Energi Mine has launched a Blockchain-based platform to incentivise energy conservation with digital currency and decentralise the energy market.  A new Energi Token (ETK), is at the core of Energi Mine’s energy efficiency reward system, with users rewarded for energy saving behaviour.

“This is a hugely significant appointment for the business and opens up a world of opportunities,” said Energi Mine CEO, Omar Rahim.

“There is a global push towards energy conservation while cryptocurrencies are becoming increasingly mainstream.

“Our initial aim is for Energi Tokens to be adopted as a common currency for all EV charging points in the UK. Our intention is then to work with our network of partners to roll this out internationally.”

Added Omar:

“As an example, a vehicle manufacturer may buy Energi Tokens to give away with a brand new EV charging point. This is effectively giving the customer some credit towards running their purchase. The idea being that those who are most dramatically reducing their energy footprint should benefit the most.”

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This year’s Queen’s Speech introduced plans to make motorway service and major petrol station chains install EV charging points and earlier this month Shell opened its first EV charging points at three gas stations in Britain.

This week, the House of Commons also debated the Automated and Electric Vehicles Bill, with Transport Minister John Hayes saying the Government would discuss changing planning rules to ensure more EV charging points were in place.

“Electric vehicles are here to stay,” added Omar.  “The transport sector makes up 30 per cent of global energy consumption but everything is moving towards decreasing energy consumption.”

Energi Mine was named as one of the world’s most exciting Blockchain start-ups at this year’s Initial Coin Offering (ICO) Summit in Zurich, where Omar Rahim launched the company’s new digital token, ETK.

The company is currently preparing to raise funds through a Token Sale, the new way for companies to raise money through cryptocurrency.

About Richard Kastelein

Founder of industry publication Blockchain News, partner at ICO services collective CryptoAsset Design Group (helped raise over $200m+), director of education company Blockchain Partners (Oracle Partner) and ICO event organiser at leading industry event  CryptoFinancing (first ICO event in Europe) - Richard Kastelein is an award-winning publisher, innovation executive and entrepreneur. He sits on the advisory boards of half a dozen Blockchain startups and has written over 1200 articles on Blockchain technology and startups at Blockchain News and has also published pioneering articles on ICOs in Harvard Business Review and Venturebeat.
 
Kastelein has spoken (keynotes & panels) on Blockchain technology in Amsterdam, Antwerp, Barcelona, Beijing, Brussels, Bucharest, Dubai, Eindhoven, Gdansk, Groningen, the Hague, Helsinki, London, Manchester, Minsk, Nairobi, Nanchang, San Mateo, Shanghai,Tel Aviv and Venice. His network is global and extensive.
 
He is a Canadian (Dutch/Irish/English/Métis) whose writing career has ranged from the Canadian Native Press (Arctic) to the Caribbean & Europe. He's written occasionally for Harvard Business Review, Wired, Venturebeat, The Guardian and Virgin.com and his work and ideas have been translated into Dutch, Greek, Polish, German and French.
 
A journalist by trade, an entrepreneur and adventurer at heart, Kastelein's professional career has ranged from political publishing to TV technology, boatbuilding to judging startups, skippering yachts to marketing and more as he's travelled for nearly 30 years as a Canadian expatriate living around the world.
 
In his 20s, he sailed around the world on small yachts and wrote a series of travel articles called, "The Hitchhiker's Guide to the Seas' travelling by hitching rides on yachts (1989) in major travel and yachting publications. He currently lives in Groningen, Netherlands where he's raising three teenage daughters with his wife and sailing partner, Wieke Beenen.

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