Introduction
Hello guys. Today i will be discussing the prevailing problems in the energy sector and how the blockchain plans to provide solution to this. Looking into today's world, there is a current energy crisis which we might have not taken into consideration as a result of the fact that the effects are yet to be fully affected on us. Non renewable energy sources are a major source of energy used today. Its effect on the environment is quite harmful and slow, so we really might not feel the effect yet. Several developed and developing have switched gradually into using a renewable energy source which tends to be the future of energy production but its quite unfortunate that only a few stuck to the adoption of a renewable energy source.
REX NFT- Renewable Energy Credit NFTs Is a blockchain based solution for a cost effective and network incentive-based structure to help shift from fossil fuels to efficiency and renewable energy. REX NFT Renewable Energy is the native token for a decentralized application where presumes, consumers and other distributed energy resources can connect and configure their energy resources.
What is REX NFT Renewable Energy?
Renewable energy credits, or RECs have up until now been one-off contracts issued by green generators and sold to multinationals and fossil generators who want to improve their green credentials. This is done on a compliance or voluntary basis, but it requires many complex contracts and processes. With our REX NFT, RECs are being tokenized, and that signals the start of a new era of certification. Each NFT represents 1,000 kWh of renewable energy. When you buy a REX NFT you are directly funding the generation of green renewable energy that will be used in our electric grid.
REX NFT- Renwable Energy Credit NFTs: Industry is one of the oldest industries with historical growth consistency in a Crypto Platform, market operation company is a decentralized system which involves a blockchain and consists of several smart-contracts in the perimeter of the block chain and its own crypto currency, And the platform is a system product created by a consortium of the most powerful, competent, and experienced logistic companies and organizations all over the world. And also blockchain and smart contracts serve as the way forward into the Industrial use, creating economies of scale and potentially aggregating supply. Decentralized manufacturing will make the industry more accessible, secure and economically sound for more participants in a direct peer-to-peer (P2P) ecosystem.
REX NFT Renwable Energy platform is an organization that arrangements with the use of leap forward clean vitality innovations. This point is exceptionally encouraging and alluring around the world. Have you caught wind of a worldwide temperature alteration? This is additionally identified with power age. Spillage of carbon monoxide into the climate and contaminate the earth.
REX NFT- Renewable Energy Credit NFTs will be deployed as stated on Roadmap Q1 2022 to capture power production data from REX Green Energy producers around the world. The Green Energy Producers participating in the platform are ready to provide power at wholesale prices to those institutions and private consumers seeking clean power production around the world at reduced prices from traditional prices. REX Coins own global power production data will also be streamed into the platform.
REX NFT- Renewable Energy Credit NFTs project is the digital currency that provides the medium of exchange for transactions on the NFTs Marketplace platform. While, The REX NFT digital assets is a mobile and desktop application that serves as the open source database of energy transactions for network participants. Distribution of energy resources such as solar, storage, energy efficiency, and demand management can be aggregated to provide services to the electric grid and therefore generate value that should be compensated at the edges of the electrical grid where most people interface.
REX NFT has a solution under development that will produce 1 to 1000kw/h of electricity. This stand-alone Power Station requires only a water line hook-up and can be delivered anywhere in the world . This product will demonstrate REX NFTs marketplace leadership to help solve a massive energy crisis by using REX NFT existing proven technology to establish energy as the world’s preferred power supply source for cryptocurrency miners, delivering a variety of clean and inexpensive power solutions to the doorstep of small, medium and large mining operations.
Some portion of this expansion popular will incorporate power produced from petroleum derivatives, sustainable power sources will build their piece of the overall industry because of the presentation of imaginative advancements and achievements gave by REX NFT.
REX Token Capabilities:
- Payment and sale on the global platform of production of clean energy.
- The possibility of payment for physical energy solutions.
- Payment for utility services.
- To pay for the rental of power plants.
- Initially, REX Tokens are based on the ERC-20 protocol.
The platform will reduce energy prices in many parts of the world by transferring information about energy production from wholesale manufacturers of renewable energy sources around the world. Excess energy on REX NFT Renewable Energy will also be captured on the platform and available for purchase. While global energy demand continues to grow rapidly, there is a huge gap between developed and world-wide countries.
Crypto exchange is different than FIAT or any kind of currency exchange. Crypto exchange is easier and faster because it involves direct transaction from one trader to another trader. The problem is that there must be a platform which can facilitate crypto exchange. $REX Coins is developed to give brilliant solution toward crypto exchange activities. This platform is supported by several features to keep the exchange runs well. The most important, traders or investors get real benefits and earnings after using REX NFT. Further sales will increase the money-capital for the subsequent deployment of technologies around the world and investment in government projects.
For More Details Connect to REX NFT
Website: https://www.rexcreditnft.io/
Twitter: https://twitter.com/REXCreditNFT
Telegram: https://www.t.me/rexnft
Discord: https://discord.gg/q3eupFKDQml
Medium: https://medium.com/@rexnft
Instagram: https://www.instagram.com/rexcreditnft/
Reddit: https://www.reddit.com/r/REXNFT/
Author:
Bitcointalk Username: Green Land
Bitcointalk Profile link: https://bitcointalk.org/index.php?action=profile;u=3468635
Polygon Wallet Address: 0x9d6b25D8375aE6dc695D2312Ad6AEF2C87D9201E
nice project.
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Wow, Nice to share the information on Energy project...
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The project is very feasible. Every investor should embrace it because the sky is their limit.
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