SunContract is a blockchain-based company driving decentralization in the energy sector, customizing it to maximize benefits for ordinary people rather than utilities. The company’s business model directly connects peers in an open energy market, eliminating intermediary companies, enabling effective P2P electricity transactions without middlemen. The SunContract platform empowers individuals to freely buy, sell, or trade electricity, allowing them to do so independently of traditional supplier and distributor monopolies.

1. Project Introduction

SunContract is an energy trading platform that leverages blockchain technology to create a new business model for buying and selling electricity. The SunContract Platform will utilize the existing grid and optimize current operations, which are costly and inefficient. A user-friendly application will be developed to ensure mainstream adoption of our services.

Project Features

Protecting the Environment
By using renewable energy and purchasing green energy products from the SunContract platform, you can now support a community of local small-scale power producers, creating a more sustainable environment for future generations. Users on the SunContract platform can precisely select the type of energy they prefer to use.

Decentralized Energy Timing
For over a century, the power industry has dominated the energy market, having complete sovereignty over power generation, transmission, distribution, and sales. Thanks to SunContract, this “natural monopoly” is about to change. Homeowners now have the right to choose their energy producers, and individuals will be able to directly exchange electricity with neighbors and local communities. From now on, you will be able to generate power at home or purchase it directly from someone you know.

Savings
Using the SunContract platform, you not only get to choose the source of your energy supply but also select a price that satisfies you financially and ecologically. On your personal dashboard, you can adjust your daily energy consumption as needed.

BLOCKCHAIN as SAFEGUARD
The SunContract platform earns the trust of its customers due to the tamper-proof audit trail of data accessed on the platform. Through blockchain, users on the platform gain instant access to immutable insights into consumption and production. The transparency instills credibility among users and eliminates the need for intermediaries whose role is often to create trust within transaction chains or information exchanges. This provides significant productivity and efficiency savings and frees SunContract and its customers from unnecessary paper trails, providing full visibility into your personal data, transparency, and credibility.

2. Commentary

The business model of SunContract combines the best features of blockchain technology and renewable energy to create a novel service that transforms existing markets. A decentralized energy market on the blockchain is just the first step in the transformation of future energy distribution network services, followed by grid flow optimization services, demand response services, and more.

Relevant Links:

https://suncontract.org/
https://zh.coinjinja.com/ico/suncontract
http://www.qukuaiwang.com.cn/szhb/2143.html###