Quote from: M_Haris on January 08, 2018, 08:29:09 PM

Quote from: Febo on January 05, 2018, 04:24:09 PM

Quote from: CrytpoGod27 on January 04, 2018, 06:49:57 PM

Quote from: erichall on January 03, 2018, 07:03:02 PM

Quote from: CrytpoGod27 on January 03, 2018, 02:46:28 PM

Quote from: M_Haris on January 03, 2018, 11:02:38 AM

This thing is confusing ... How could you transfer electricity over the internet using a mobile app?

Technical details please.

Yes please this is like the 5th time this question has not been answered. How exactly does the electricity get transferred? Lets say someone is selling electricity in New York and I live in California. Step by step, how does this process work from the energy pool all the way to the power sockets in my house? The White Paper is very vague about this.

Please looking for answers and not just price speculation.

I think that - at least in Slovenia where they have the working product - it is traded via SNC and then sent via power company.

got it. That makes sense. Thank you finally for a decent response. So basically the power companies (who hold a very tight monopoly over the energy distribution) would literally have to give up their control to allow people to trade their own energy? Would that be safe to assume? Cause how else would I receive electricity if all the power has to go through power lines that are owned by the energy conglomerates?

Power lines are not owned by power companies. Power lines are country infrastructure like roads or internet or railways. In many countries are owned by state. In others are by companies that should not care who sends electricity as long they pay fee for doing so. Regulations in countries support that. I dont know how is elsewhere, but in EU is is that way. We have free market allover EU and that includes also shipping and trading electricity.

Quote from: M_Haris on January 04, 2018, 08:04:21 PM

.., how could you transfer the electricity over the internet backbone?

You will not send electricity over Ethereum blockchhain, but only SNC tokens to pay that electricity.

Ok, now its make sense. The Partner companies uses your API to transfer money using ethereum blockchain and your token.
Do you have any partnership with any electricity company, yet?
What about regulations of different countries?

They have partnership with Petrol, that is energetic giant in Central Europe. The point of presenting their program on conferences like was in Munich was I guess to get partners in difference countries. So far they were in Hong Kong, London and Munich. I probably missed some. They most likely met with not just companies from country where congress was held, but more other attended the congress.