Feb 08: Blockchain technology is not something India seems to be encouraging but globally energy solutions are now being onboarded to these platforms
8A new solution provider has come up with a blockchain based platform that seeks to verify and reward the production of sustainable and renewable energy through the issuance of an ERC20-compliant utility token.
8The advantage is that by capturing data directly from IOT and smart devices and through market aggregators, the platform is able to create immutable proof of production and allocate tokens via an open-source “oracle”.
8In doing so, the platform will serve as a standardized incentive for producers and allow consumers to validate their own sustainable actions.
8This revolutionary program is meant to address many of the systemic issues in global renewable markets today.
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