Restart Energy
the world's only market-ready blockchain energy trading platform
Technology is designed as one of the most vital aspects of everyday life. Lots of things depend on technology, and thus many people are looking for something better for improving their lives. In the context of modern living, energy takes an essential role in being one of the keys of a well-living environment. Electricity and gas supply plays a very important role in bringing comfort and easiness in people’s lives.
As mentioned before, energy is an aspect of modern living you cannot live without. But, with the urban people’s point of view and lifestyle, the energy is a dilemmatic matter to discuss. In this case, the gas companies are fighting against the innovations as well as fighting to overcome their environment and social issues. Therefore, a great company needs to be around in this modern lives.
In Europe, people are even looking for something innovative for their energy supply. Fortunately, there is Restart Energy, a private company that is running their business in providing gas and electricity to the world. No need to ask their credibility since they are great and has fast, rapid growth in a year. Operating in Romania, plenty innovations will bring this company even higher.
Getting to Know the Restart Energy Tokens
Restart Energy is a private company located in Romania, Europe. This company has a strong foundation as a leading private company. This company is ranked as the first independent supplier for the deregulated household of the gas market. The company is also in the second rank for the deregulated household in Romania. These awards are essential for proving that the company is a reliable company.
There are so many aspects of Restart Energy that are interesting to be discussed. In this case, we will introduce you to RED or Restart Energy Democracy. There are three aspects of RED that are crucial, which are:
1. RED MegaWatt Tokens
Three things are related to this point, which are:
· Restart Energy has its cryptocurrency, which is called as MWAR, the short of MegaWatt Token. The cryptocurrency is worth USD 30 million in crowd safe.
· MWAT will work just like a battery, which will enable the energy storage.
· Each unit of MWAT will cost approximately USD 0.10 in Ethereum, and it will work as a virtual battery, just like the one was mentioned before. Each battery can store electricity up to 1 MWh. In the beginning, each unit has 0.11 kWh. The detailed information can be accessed in https://bitcointalk.org/index.php?topic=2572702.0
2. RED Platforms
There are some platforms on which RED is running. These platforms are:
· A global ecosystem which is decentralized, which will present democracy for the energy industry.
· Peer-to-peer energy trading, which will enable every customer to deal with a particular producer/trader.
· An innovative solution to any financial problems that are faced by the energy producers in a small level. Their progress is usually updated through a Twitter account in https://twitter.com/restartenergyio
· Restart Energy has been an award-winning company and thus having green certificated, which makes sure that the consumers are using the renewable energy.
3. RED Franchise
Restart Energy has some franchises, which can be found as two things:
· Restart Energy will allow the holders of their tokens in developing the retail business, which means the token holders will be able in earning revenues from the energy trading.
· The first thing means that the tokens will be a system of passive income for the business owner. This is also a form of business opportunity.
Those aspects are important to understand the concept of RED from Restart Energy. In fact, those are the core things that are related to RED and its business. In this case, Restart Energy also combine three aspects for RED, which are Democracy, Storage, and Business Jobs.
As the first aspect, there is Democracy. This refers to the innovation which is offered by Restart Energy. Coming as the first company which uses Peer to Peer system for energy trading, this means a lot to both consumers and traders. This concept is also an innovative one since the participants can use the available platforms. To understand more about this, you can visit their Telegram https://t.me/restartenergy and Facebook page at https://www.facebook.com/restartenergydemocracy/
Then, the second aspect is the Storage. This aspect refers to a storage system for blockchain technology which is conducted in the digital environment with maximum safety from the cryptographic system and is effective for any player in the energy industry. The third aspect is the business job, which places Restart Energy as the only market that is suitable for any country which has deregulated model for energy.
The System of Energy Trading
In Restart Energy, the trading process is provided in the simplest procedure. Restart Energy itself is a company which is a decentralized platform for global energy supply. In this case, Restart Energy doesn’t only offer the easiness for energy trading. This company also offers the tools for measuring Wi-Fi, the software for predicting the watt usage, the simple, innovative energy exchange with the peer-to-peer system and all the trading processes are done under the certification of the green certificate. You can also access more information from https://restartenergy.io/Restart_Energy_Whitepaper.pdf
The procedure for energy trading is also simple to do. Just like any other trading process, there will be sellers and buyers parties. In this case, the sellers/traders are the companies that are providing the energy to be sold to the consumers. The consumers can be individuals, replacing machines and even the generators. There is some further explanation about the system for energy trading that is offered by the companies.
In RED, when a party wants to be a seller or a buyer, then they have to register themselves as the registered users. They will be able in doing the trading process, both as a seller and a buyer. In this case, the consumers are the individuals, because generators like solar energy plants and also something bigger like gas power station is going to be replaced by the generators from the consumers.
The innovative aspect of this system is the peer-to-peer system. By using the system, you will be able in doing any trading process without being suspicious towards the other parties. In this case, you will find that the process will make you easier to meet the other parties easily. The participants will have the green certificates.
In this case, the energy trading is not something new. The trading for energy has been in practice for some years ago. This is proven by the fact that 75% of the volume of electricity is currently traded in the market. Nowadays, many small parties are even producing their energy for the trading. This is a leap for the technology as the decentralization is getting applied in many countries. Thus, as a result, many people are running their independent energy trading.
In trading the energy, there are some terms that have to be understood. The first the consumers. The consumers are the ones who take the energy and pays the retailers based on their price for getting the energy. In this case, the consumers cannot choose the source of their energy, and they also cannot invest in the renewable energy for their usage.
The second term is the prosumer. This is a term which refers to the consumers who are also producing the energy, so they are active in using as well as producing the energy for being traded. A prosumer will be more likely to produce energy from the solar energy, making the energy as something more affordable to be bought by the buyers.
The third term is the producer, which refers to the ones who produce the energy. The producers will get the price as wholesale for selling the energy. The return on investment as a producer will be quite low. Therefore the producers need to get subsidies for producing the energy. This will help less disadvantaging, and by getting subsidies, the expenses will be cut.
The Future Challenge and Promises for Energy Industry
As the world keeps in growing and developing, there will be a peak of the energy demand. In this case, many players in energy and electricity industry predict that the demand for energy will reach its peak in 2030, as the demand will be doubled from the current condition. This will give impact towards many aspects of people’s lives, which are related to the economic, social and environmental aspects.
The prediction of energy demand peak increases concern in many fields. The increase in demand will make many changes. In some cases, the private companies are running the business with lots of challenges, just like when they have to face the national corporations. As one of the leading companies in Europe, the market is also expanding to Asian countries, such as Singapore, Philippines, and Malaysia. The Asian countries are the promising market as they are developing, which means the need for energy is the biggest. Their expanding market can be seen in https://restartenergy.io/.
The challenge for the energy industry to grow is quite big and irresistible as mentioned in https://blog.restartenergy.io/, as there are so many rapid changes in the industry and every company needs to adapt to the changes. The changes will be a particular challenge towards every company, but it will also be a promising aspect of the growth. By converting the challenges to be the trigger for a company’s growth, then there will be a great thing for the companies’ growth.
More information about this link. Thank you for your attention.
Website: https://restartenergy.io/
Telegram: https://t.me/restartenergy
ANN thread: https://bitcointalk.org/index.php?topic=2572702.0
Bounty thread: https://bitcointalk.org/index.php?topic=2590713.0
Username:
Wong linglong3
https://bitcointalk.org/index.php?action=profile;u=1229230
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