Introducing Satimoto
Introducing Satimoto
Electric vehicle charging with Bitcoin
There are many e-mobility charging services on the market. Some cater for a specific charge point operators, some certain chain of superstores and some provide roaming across multiple charge point operators in multiple countries. But there is one thing in common with all these e-mobility charging services, a quite important one, privacy.
Long are the days where the automobile was a symbol of freedom. This is especially the case for electric vehicle charging. No longer can you drive with € 20 in your pocket and pay without anyone knowing who you are or where you have come from.
We are different
The Satimoto mobile application and backend services use advanced payment and cryptography features built on top of Bitcoin and the layer-2 protocol Lightning Network. This enables privacy, security and payment features that no other e-mobility charging service on the market can.
Satimoto is a e-mobility charging service that requires no sign-up, no personal information and no credit card details.
Each install of Satimoto of has its own Lightning Network node built in, meaning you are in full custody of any bitcoin in your wallet. Authentication to our backend services is cryptographically pseudonymous signed by a private key. Our backend services only know your node’s pubkey and no other personal information about you.
Because we are using the Lightning Network for payments, we don’t need to use traditional payment providers like VISA, Mastercard, PayPal or EC/direct debit to invoice customers. A customer benefit of this is no third party being able to track your payment history and block payments. For merchants, depending on the region you live, they save processing fees of up to 3% to reconcile payments. As payment is instant and final, we don’t incur costly accounting overheads. This means we can pass the difference back to our customers, for a cheaper charging experience.
With Satimoto you are in control, with a cheaper, self-sovereign and privacy focused charging experience.