The main goal of the project is to improve the lives of 1.2 billion people around the world. This is the guarantee of an affordable and reliable source of energy. This can be achieved by building a platform that allows anyone to buy or sell renewable energy sources around the world.
KWHCoin is a blockchain-based community, ecosystem and cryptocurrency backed by units of clean, renewable energy. Physical units of kWh energy are leveraged from multiple sources including smart meters, sensor readings and green button data. This measurable output is tokenized on the blockchain to create KWH tokens. Our main difference between competing energy tokens is our goal to improve the lives of the 1.2 billion people across the globe without reliable energy access. KWHCoin will achieve this by building a platform that allows anybody in the world to buy or sell renewable energy resources through The Grid—a blockchain-based renewable energy platform.