IOTA has partnered with Bolt.Earth to tokenize electric vehicle (EV) charging infrastructure in Malaysia and the UK. Bolt.Earth, India's largest EV charging network, is utilizing IOTA's testnet smart contracts to enhance decentralized EV charging solutions. The initiative will expand to four pilot locations, including Malaysia and Nottingham, UK.
Bolt.Earth operates over 100,000 charging stations across 1,800 cities in India and aims to leverage IOTA's EVM for fast, scalable, and secure smart contracts, facilitating microtransactions in EV charging. The IOTA network has processed 15.6 million transactions, with 41,242 occurring in the last 24 hours.
IOTA and Bolt.Earth Tokenize EV Charging Stations in Malaysia and UK
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