Donation and Distribution: Potential Use-cases of Energy in Blockchain
The year is 2020.
Thanks to the Internet and open communication, blockchain technology accelerates at a fast pace, making a huge impact on the citizens of the world.
Let’s zoom in to a small village in Africa, to see the impact that blockchain technology has made:
This village is the home of Mr. Sunny, where he has been born and raised.
Mr. Sunny only recently acquired his new name, as he never had a reason to register for a name at the local government because he was able to do all his commerce in the near vicinity of his hometown.
He chose to capture his new name utilizing the blockchain technology and is registered with the name Mr. Sunny Shine as a decentralized identification (DID).
Mr. Sunny needed a personal ID to be able to do commerce on a larger scale, as he wanted to lease a solar panel from Restart Energy — a worldwide supplier of green energy.
Each month Mr. Sunny powers his household with his newly leased solar panel and because of the great climate the solar panel generates more energy than he needs — meaning he is able to sell and store the remaining energy.
Mr. Sunny does this by making use of the RED platform, where he sells his extra energy to pay for his monthly lease and gives his leftover energy to the elementary school in his hometown.
He also helps out his sister that is studying abroad by sending MWAT tokens directly to her wallet. She can use those tokens to purchase green energy at one of the Restart Energy franchise locations that are located near the town where she goes to university.
All of the above, Mr. Sunny is able to do from the palm of his hand by using an old smartphone with an Internet connection.
These are just a few examples that are possible with blockchain technology, with many more use cases to emerge that are being developed or are yet to be discovered.
I for one am very excited to be able to witness the era of open finance and interconnectivity!
The future is bright; let’s live it!
Create an account (no cost) on RED Platform and get 50 MWAT for joining and 25 extra MWAT by using my referral code VUDKHR.
About Restart Energy
Restart Energy Democracy (RED) is a blockchain-powered platform, backed by Restart Energy — a European energy provider with 20 million USD in revenues. The company was built with a vision to democratize the energy sector and quash the dominance of legacy monopolies in the energy world. The company’s credentials include a customer base of 27,000 household and 3,000 corporate clients, expanding at more than 2,000 clients per month (5,000 new customers in the first two months of 2018), and its impressive growth: 1,700% from 2015 until today.
Restart Energy is developing the world’s first peer-to-peer, fully decentralized energy transfer platform allowing users to send and receive energy worldwide, based on its proprietary virtual balancing system, that uses A.I., Big Data, and IoT technologies. The RED ecosystem is comprised of the RED-Platform, RED-Franchise, and MWAT Tokens.
For more information about Restart Energy, please visit the website, Telegram, and read the Restart Energy whitepaper. Join the announcement channel for updates regarding Restart Energy Democracy.
RED — Send and receive energy, worldwide.
