KWH COIN
KWH COIN
KWHCoin is a digital currency backed by an equivalent measurement of deliverable kWh output from network participants. Network participants leverage data, smart meters, sensor readings and Green Button data to produce this output. The output is then tokenized to create digital assets on the blockchain.
What separates KWHCoin from other cryptocurrency projects in the renewable energy sector is that our focus is on the “grid’s edges”. We define the “edges” of the grid as smaller distributed energy resources, such as solar panels in the residential market, electric vehicles, microgrids, wind farms and demand response technologies, to name a few. These comprise the elements for a new two-way generational model of energy distribution. This presents a great opportunity for local communities to directly participate in the renewable energy economy.
The KWH team will leverage blockchain technology and the use of smart contracts to build a decentralized network of distributed clean energy resources.
As a morally and socially conscious community, we plan to implement blockchain technology with renewable clean energy, to provide millions of people with electricity and weaken the world’s dependence on fossil fuels. We will build new business models and institutions using decentralization and autonomy as the guiding principles. We strongly believe that the centralization of our social, political, economic, governmental and financial institutions are suppressing individuals in their attempts to create a better future for themselves.
We want to help governments and people in developing countries escape corruption, establish property rights and vote effectively, all while gaining access to decentralized global energy and financial markets. Our goal is to serve the 2.1 billion people lacking electricity and the 5.1 billion unbanked around the world.
We will implement our unique new blockchain infrastructure and tools to bring people access to our decentralized clean energy community.
VALUES
Emergence and Agility
Humanitarianism
Social Consciousness
Systematize
Education
KWHCoin BLOCKCHAIN
Blockchain and other distributed ledger technology systems are the underlying protocol used to secure KWHCoin and the execution of energy transactions on the platform.
This technology will enable the safe and secure transmission of energy data and ownership information by transacting all details in a public ledger, processed by decentralized computers all around the world.
This capability now provides us with the incredible potential to create a virtual, clean renewable energy company where the energy that is generated is stored on the network as KWHCoin.
KWHCoin Value
KWHCoin adds value by lowering the cost of renewable energy integration into the grid by providing a platform for prosumers and consumers to connect and configure their energy resources. As we transition to an energy distribution system that is based on a two way generation of power from distributed energy resources from multiple sources the aggregation and value of these resources present a challenge for the energy industry and utilities as grid modernization becomes a top priority.
KWHCoin leverages blockchain technology and smart contract initiation to aggregate the data of distributed energy resources to convert them to native digital tokens that can be configured on our software platform and mobile applications.
KWHCoin is a digital currency that converts renewable distributed energy resources to digital tokens on a unique and secure blockchain.
KWHCoin’s solution is to build a decentralized network of energy resources by connecting them through blockchain technology. Export energy is converted to KWH tokens and transferred to users’ digital wallets on our peer-to-peer energy trading application — The Grid.
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