The RED Platform — How Using Blockchain Helps Revolutionize Energy Consumption

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andu.swazm
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Tue Jul 30, 2019 7:38 am

The solution we propose through the RED platform has two components. Removing intermediaries by providing peer-to-peer networks and transactions) and Encouraging the use of renewable / green energy.

RED: Democratizing The Global Energy Market by Growing A Peer-to-Peer Network

Democracy is generally defined as the control of an organization or group by the majority of its members. The energy industry is lead by centralized institutions, managing consumption through a set of bureaucratic rules and regulations, without the involvement of the end consumer that supplies the chain with regular payments for the service provided.

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