Economic Growth and Blockchain Technology Inferences in E-Mobility

A. Ravisankar (Department of Management Studies, Erode Sengunthar Engineering College (Autonomous), Erode, India), S. Alamelu Mangai (Department of Management Studies, St. Joseph's College of Engineering, Chennai, India), P. Saravanan (Department of Chemistry, St. Joseph's College of Engineering, Chennai, India), S Venkat Raman (Department of Civil Engineering, KPR Institute of Engineering and Technology, Coimbatore, India), D. Ramya (Department of English, Kongu Engineering College, Erode, India), and Boopa Sharma (PSR Engineering College, India)
Copyright: © 2024 |Pages: 114
EISBN13: 9798369372999|DOI: 10.4018/979-8-3693-2643-5.ch007
OnDemand PDF Download:
$37.50
OnDemand PDF Download
Download link provided immediately after order completion
$37.50

Abstract

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.
InfoSci-OnDemand Powered Search