The missing primary system in mainstream adoption of renewable energy is a mainstream system where renewable energy can be managed. Blockchain technology holds the solution by allowing traders and consumers to lower the costs of their transactions and also prevent fraud through the use of smart contracts. EtainPower is an innovation that will help traders and consumers monitor their energy efforts and encourage extensive use of renewable energy.
Etainpower Benefits in our day to day Lives.
Etainpower will benefit its users by allowing them to have a trusted relationship in a decentralized environment though allowing them to use smart contracts that are legally enforced and used towards trading and financing renewable energy. The transaction records stored in an immutable distributed ledger that can be validated.
To help with the distribution of renewable energy, EtainPower will tap on the available renewable energy producers and allow more comfortable trading experiences to meet the demand for renewable energy.
The use of blockchain technology distributed ledger technology will help consumers lower renewable energy costs by eliminating the need of third parties who are not adding value to the value chain. Etainpower will also allow microtransactions and small renewable energy producers to participate in the trading and financing of renewable energy.
EtainPower Solutions to the renewable energy sector.
In the modern age where energy distribution has seen as a significant economic driver, EtainPower will help in the delivery of renewable energy to marginalized communities who lack the resources and infrastructure to set-up their trading systems benefit on the current renewable energy adoption. Through the sharing economy, EtainPower will allow this community to access renewable energy through a sharing economy to fulfill their energy needs.
Etainpower will influence blockchain based solutions towards the adoption of renewable energy in the mainstream market as an alternative to grid energy. Through the use of distributed ledger technology, financing and trading will quickly make through a dynamic ecosystem.
With the plummeting costs of resources and infrastructures needed towards generating renewable energy, Renewable energy generators will be able to use EtainPower platform to trade their resources, and this will further lower their costs and allow them to purchase competitively against fossil fuels energy.
Using blockchain technology, EtainPower will be transparent and allow its users to operate in a trustworthy environment that allows a peer to peer activities without cases of frauds, through automatic processing of transactions eliminating the need of intermediaries who are the attack points of fraudulent activities.
Closing Thoughts..
EtainPower will lead renewable energy financing and trading through the substantial use of blockchain technology features such as smart contracts and artificial intelligence which will cement and empower an environment where traders trust the ecosystem which is transparent and secured by permanent records.
Etainpower platform despite using blockchain technology and a tokenized economy will be easy to use based on its dynamic application built on-top of blockchain technology, and this will make it easy for users to finance and trade their renewable energy using simple clicks.
References.
| CONTENT | LINK |
|---|---|
| Website: | https://etainpower.io |
| WhitePaper: | https://etainpower.io/resource/EtainPowerWhitePaper.pdf |
| Telegram: | https://t.me/etainpower_en |
| BitcoinTalk ANN: | https://bitcointalk.org/index.php?topic=4314921 |
Author: jamesndungu1
BitcoinTalk Profile: https://bitcointalk.org/index.php?action=profile;u=1856049
All Images credited to ETAINPOWER Official Website
