Economic Growth and Blockchain Technology Inferences in E-Mobility
A. Ravisankar, S. Alamelu Mangai, P. Saravanan, Seetha Raman, D. Janet Ramya, Boopa Sharma · Advances in business information systems and analytics book series · 2024
The chapter explores the link between economic growth and blockchain technology in the e-mobility sector, highlighting the symbiotic relationship between these forces. Economic growth drives the adoption of e-mobility solutions, as economies focus on sustainability, efficiency, and reducing carbon emissions. E-mobility offers eco-friendly alternatives to traditional vehicles, driven by government subsidies, consumer demand, and technological advancements. Blockchain technology can transform e-mobility ecosystems by addressing infrastructure management, interoperability, and data security challenges. It can streamline transactions, enable peer-to-peer energy trading, and facilitate transparent supply chains. The chapter also highlights the potential of integrating blockchain into e-mobility infrastructure to improve efficiency, reduce operational costs, and mitigate environmental impact. It emphasizes the importance of public-private partnerships and regulatory frameworks in fostering blockchain-enabled e-mobility ecosystem growth.