SunContract Energy Pool is a p2p trading platform on which producers of environmentally friendly electricity will be able to sell it directly to consumers without intermediaries. Why is it so remarkable for users?
The project allows independent producers of alternative electricity, such as homeowners with solar power plants, to communicate directly with interested consumers through a decentralized mobile application. Both parties can connect and trade with each other without intermediaries.
While the idea of decentralized token-based energy distribution is not new in the world of blockchain technology, there are several key features that set SunContract apart from other platforms.
SunContract is the first P2P blockchain energy trading platform to release a finished product, aimed at the European market, where the regulation of such projects is quite loyal. Therefore, we can safely say that the Slovenian development team will not have any problems. Moreover, company representatives were present at the World Economic Forum, accompanied by Slovenian Prime Minister Miro Kerara.
Despite the fact that the platform will be officially launched only in April, SNC tokens are already being traded on HitBTC, OkEx and Huobi. From the point of view of investors, platform tokens are an extremely profitable investment.
The platform has a flexible and simple operating principle. Based on the Ethereum ERC20 standard, SNC tokens function as cryptocurrency assets that represent value in the form of “digital electricity.”
Currently, a homeowner with the ability to generate electricity is forced to sell excess power to large trading companies on their terms. SunContract will allow electricity generators to join a pool through the SunContract app and sell excess electricity at competitive rates in exchange for SNC tokens.
Similarly, individuals wishing to purchase electricity can join a pool and gain access to a marketplace where they can competitively select the best possible purchase rate.
Everything is so rosy and promising, it will be possible to judge this spring, after the launch of SunContract.
According to themerkle.com
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