“Charge and receive coins” VZ Global-CharZin, electric vehicle reward platform collaboration

VZGLOBAL X CHARZIN

A new service that allows users to receive coins when charging electric vehicles has been launched. Charzin announced on the 25th that it has signed a cooperation agreement with VZ-GLOBAL PTE. LTD. to jointly operate an electric vehicle charging and reward platform utilizing digital assets.​

This agreement focuses on innovating the payment and reward systems by integrating blockchain technology into electric vehicle charging infrastructure. The two companies plan to utilize stable coins for electric vehicle charging payments and issue EVZ coins as rewards to encourage charging users to participate in charger sharing. This is described as a strategic attempt to establish a digital asset-based payment and reward system in line with changes in domestic regulations and systems.​

The main collaborative projects being pursued by the two companies include ▲building an integrated EVZ reward and payment system ▲developing a P2P roaming settlement system between domestic charging operators ▲API integration and technical verification with partners in the US and Indonesia ▲service integration with gas stations, charging stations, and casino points, and conducting PoC (proof of concept) ▲enhancing the EVZ platform.​

Charzin is the first company to receive a temporary permit under the regulatory sandbox system and operates a “charging sharing platform” that allows anyone to install a charger and become an operator. Recently, it has also been promoting a tokenized security (STO) business that enables investment in electric vehicle charging infrastructure and revenue sharing, leading the digital assetization of the electric vehicle charging and energy infrastructure sector.

An electric vehicle being charged using a Chargein charger. [Photo=Charzin]

VZ-GLOBAL is a company specializing in EVZ coins and digital assets, and on August 19, it signed a business agreement with Fiscal Systems, a US-based IT company specializing in payments. Through this agreement, it plans to provide digital asset linkage services at supermarkets, gas stations, casinos, and other locations that utilize Fiscal Systems’ payment platform.​

Through this collaboration, Chargein and VZ-GLOBAL aim to establish a foundation for integrating global electric vehicle charging payments and introduce an EVZ coin reward system to further enhance the competitiveness of their electric vehicle charging and reward platform.​

charzin representative stated, “We will lead the innovation of eco-friendly mobility and the blockchain ecosystem and accelerate the establishment of sustainable electric vehicle charging infrastructure. As various regulations related to digital assets, including stablecoins and STOs, are currently being developed, we plan to conservatively expand our services within the regulations that will be established in the future.”