Power2Peer

About the offering

It’s time for a new approach. At Power2Peer, we believe that everyone deserves access to clean, reliable sources of energy. Across the country, demand for sustainable energy systems is constantly growing, as blackouts become more frequent each year. Globally, billions of people remain in the dark, dependent on poorly maintained infrastructure. Worse still for the environment are the billions more who rely on carbon-intensive fuel sources to power their lives. Between the surging potential of renewable energy sources like wind and solar to address these issues, and the revolutionary power of blockchain technology to decentralize, we identified an opportunity to harness the force of the free market for the good of all. So we developed a way to bring solar power to the people: an adaptive solar microgrid system with blockchain-enabled peer-to-peer trading. With decentralized power, communities—and those who invest in them—win. While energy blockchains are not a new concept, we believe the following points of differentiation show how Power2Peer’s approach differs from other energy blockchain platforms: Disruptive business model which decentralizes power ownership – an Airbnb of power systems – connecting solar power producers with consumers using blockchain smart contracts and an easy-to-use mobile app – “P2PConnect." Blockchain technology enabling the first ever Secure Software Defined Adaptive Controller for creating resilient solar power systems. Use of advanced Photonic Solar Conversion technology for building the most efficient solar microgrids (18% -> 28%). Decentralized power granting energy independence for individual solar power owners. Creating jobs and improving the local economies of underserved and depressed regions by building an energy economy for all.Power2Peer is combining blockchain technology with adaptive (“smart”) and super-efficient solar microgrids to create a marketplace where energy can be bought and sold by anyone. Rather than sending energy back to the grid at a fixed rate, solar producers can sell energy to their neighbors at fair market value. With this decentralized solution, individuals and communities will enjoy a more resilient grid, lower energy costs, and a lower carbon footprint. By taking a small fee from each transaction and for connecting microgrid networks, Power2Peer will demonstrate a business model that is sustainable financially and environmentally, stimulating local economic growth along the way.

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