Blockchain is entering in a lot of sectors including energy trading. WePower, is one of the fastest growing energy trading systems using blockchain technology. The main objective of WePower is to resolve the existing problems for the renewable energy to get capital. WePower provides the renewable energy firms to get access to specific investments that are linked with profitable projects directly for the end customers or all types of energy market builders and investors.
The task is accomplished by utilizing the smart contracts way of the blockchain technology. By using technology, WePower works to find solutions for the problems related to insufficiencies in energy market like global access to green energy investments, green energy projects, trading, transparency and speed.
The developers of renewable energy can sell a section of energy beforehand to be generated in future. To help the process become faster, global and transparent, this energy is directly tokenized and each of the purchase agreement for energy turns into a smart contract. This shields liquidity. On the other hand, investors, end customers and makers of energy market can purchase energy at a discounted price and bring down the used energy or simply get a profit through various price differences between the market price and paid price at some point of time when the power is generated.
WePower is directly linked to energy exchange markets and infrastructure to record the information on the blockchain, facilitate energy selling and trading directly to the market in case there is not sufficient demand in the sector.
By getting linked to WePower, the utilities can certainly explore a lot of features that aren’t available at present
WePower will also aid industry partnership. Well, nothing can be done as far as energy powers are concerned without the help of government and energy utilities. A lot of digital innovators claim to be the replacements for current energy service providers or suppliers and they actually do not take care of the security factors that need to be solved by any energy system very carefully. WePower works carefully when it comes to partnerships with energy utilities or the governments to implement the best system.
As far as the geographical limitations are concerned the digital technology has few constraints. The country level enhancements and geography plays a vital role in energy sector. The development done in energy sector will help WePower to expand the range of their services that include the next step which is energy financing once the infrastructure development is over.
It is really important to bring in the development in energy sector, which hasn’t not been taken seriously for the past many years and the current digital changes incorporated in this sector has brought in new hope for development at a faster rate.
The complexity related to energy sector until now is only comprehended by industry professionals and thus there are many aspects and basic principles that are not looked upon or misunderstood.
WePower has approached the market and looking forward to initiate a lot of development in the energy sector along with energy service providers and governments. Each and every aspect related to energy sector is considered carefully to ensure safety. WePower will bring in the change in energy sector through blockchain technology. This will certainly bring in a lot of visible changes and developments in energy sector. Now, the energy providers and makers will get the access to global market to raise capital.
If you are interested in learning more about the WePower please refer
✔️WePower WEBSITE: https://wepower.network/
✔️WHITEPAPER:https://drive.google.com/file/d/0B_OW_EddXO5RWWFVQjJGZXpQT3c/view
✔️ANN THREAD: https://bitcointalk.org/index.php?topic=2207367.0
Written by: Crypto Buddy
https://bitcointalk.org/index.php?action=profile;u=1114092
