Blockchain based peer-to-peer energy trading platform enabling consumers and businesses to sell their surplus power to their neighbors without a centralized entity. The platform is trustless, transparent and interoperable and supports multiple energy applications.
The company has already built four applications that are in various testing phases including its trading platform and its microgrid network which enables electricity metering, big data acquisition, rapid micro transactions and grid management.Features:
- Dual token environment (POWR and Sparkz) operating via two layers of blockchain
- Public layer using ethereum blockchain
- Private layer using EcoChain, a self-developed Proof-of-Stake blockchain
- Smart contract functionality