Restart Energy - Building An Energy Ecosystem For The Future
Restart Energy is a gas and electric company in the European Union and they have over twenty million in revenue annually. They are now building a delocalized and decentralized global energy ecosystem and supply platform. They are using blockchain to complete this project. It is great for this because it lowers transaction costs, and creates a democratic environment. Global energy demand is expected to grow vastly in the future, so the platform that Restart Energy is creating has great potential.
The RED ecosystem will allow for receiving and sending of energy worldwide using the MWAT token. These are ERC20 tokens that use the Ethereum blockchain. Blockchain transactions are secure and transparent. Each RED MWAT token will allow access to 1 MWh of power per month. Tokens will be available on exchanges or they can be purchased from other users. Currently, electricity is mainly traded with over the counter transactions. This is not a very transparent way of doing things. The Restart Energy platform greatly improves the current situation.
There are a few great things to point out about the RED platform. One, they will have easy to use mobile applications and web browser interfaces. Also, the peer to peer exchange will allow anyone to trade energy. It will be using WiFi meters that are intelligent for easy measuring of energy consumption. This data will also be accessible anywhere by using the mobile app. Another option that users have is to choose only one hundred percent renewable energy. I think this is a great option for the platform.
This is a new type of energy trading platform, but it is sure to grow quickly. Blockchain technology allows for a much better way to trade energy. The Restart Energy team is experienced and they have a solid plan in place. See the list of links below to explore more about the company and its platform.
Join the Restart Energy Telegram: https://t.me/restartenergy
Restart Energy bitcointalk bounty link: https://bitcointalk.org/index.php?topic=2590713.0
bitcointalk announcement link: https://bitcointalk.org/index.php?topic=2572702.0
my bitcointalk profile link: https://bitcointalk.org/index.php?action=profile;u=1420457