G.Lockchain, cryptocurrency, bitcoin, token – there may be confusion in these phrases. For some, cryptocurrencies and tokens are related Blockchain Bitcoin. However it is a mistake. As a result of blockchain is, in spite of everything, an encryption know-how that can be utilized in many various methods. CashOnLedger works with blockchain know-how, however not with cryptocurrencies. Quite the opposite: The purpose is to not change conventional currencies, however to make them payable programmable for direct connection of fee transactions to the “Web of Issues”.
Whereas one can nonetheless discuss doable collaboration with many potential companions, a undertaking has been round for a very long time. “That is the one undertaking on this area of Europe,” stated Cerkan Catilmis, CEO and co-founder. Along with the tractor producer Lindner, Money On Ledger has developed a mannequin that may invoice a tractor in line with utilization. “It’s like automotive sharing. You aren’t shopping for a automobile, you’re shopping for mobility. As a result of that’s what you actually need. The specifically secured “crypto safety chip” is constructed into the tractor. The tractor pushes out 65 knowledge factors. This permits us to see the precise use, which might then be monetized, explains Maximilian Foster, a board member and co-founder. For instance, totally different hourly charges are calculated whether or not the tractor is driving solely from A to B or is getting used for heavy clearing work.