The Background Of Moongrows
pt.3 Powerchain
Product
Power engineering one of the most important parts of daily life. More electricity is required to satisfy the ever-growing needs of the world economy, raising the demand for innovative resolutions in the industry.
Technology growth creates new forms of relations.
Logistical energy curse is the failure to deliver the demanded quantity of power to the consumer, without building a vertical hierarchy and managing the delivery system by generating and monitoring bodies. Till recently, there was a serious technological reason for that inability to store energy for a long time and produce it there as much as its needed and then when its necessary to use.
Powerchain brings a solution
Decentralized blockchain ecosystem for energy storing and utilization. Makes power purchasing simpler and stabilizes the energy grid buffering energy. Now anyone can trade the electricity through the blockchain, being a virtual power plant.
Key features:
01 BufferingPowerchain stimulates energy storage installation for using it to stabilize the power system. The energy storage used as electricity buffers shaves peaks and power grid fluctuations, and stabilize the frequency. Capacities of energy storage node are rented by project participants within the created ecosystem.
02 UtilizationPowerchain helps backup generators earn additional income sailing electricity to other ecosystem participants and using the opportunities for mining cryptocurrency. Reserve power plants will receive additional opportunities to sell electricity.
03 ClearingPowerchain creates transparent and legitimate mechanisms of converting received reward from other ecosystem participants into fiat money. It creates the opportunity to conduct cross-border operations and eliminate geographical barriers for participants.
Results
After 5 months, the client received a fully polished concept, formed brand, brandbook, and bulk of documents for project presentation including website, token economy model. The Client also got the specification for the Platform to develop and deploy, interfaces and user scenarios. Fully structured company with all contract needed to sell tokens.Want to know about Moongrows further?
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