With the rising popularity of electric vehicles and the efficiency of blockchain technology, this AI system combines the power of sophisticated technologies and delivers fully autonomous machines embedded with financial intelligence. The AI system self-negotiates a smart contract using IOTA with multiple charging stations at the nearby locations on behalf of the vehicle owner. The vehicle holds the financial wallet and intelligence to lock in the best price and grid balancing criteria. The machine learning model constantly learns the commute routes on an hourly basis and sets up an optimal time for the vehicle owner to charge the vehicle at the right charging station. The system also factors traffic and other real time factors to guide the vehicle to arrive at the charging station on time.

The financial transactions are exchanged directly between the vehicle and charging station without the use of a charge card or subscription. The AI system allows the charging station to operate autonomously and takes care of communication and payment with the vehicle without human intervention. For accuracy and trust purposes, the charging meter values are stored in the IOTA Tangle, which ensures reliable and well-kept administration. It limits errors and makes transactions transparent, and a receipt will be delivered and posted through the IOTA wallet real time.

Close Bitnami banner