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Topic: Announcing Kwhcoin Digital currency backed by kWh Lowering Solar Cost - page 6. (Read 3057 times)

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November 7 posted and no news on this ?

Whats happening with this ?
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Kwhcoin: Cryptocurrency as a Liberation Technology

Kwhcoin is a blockchain based solution for a cost effective and network incentive based platform to integrate renewable energy and distributed energy resources into the grid. More importantly Kwhcoin team is developing a model to compensate the value of distributed energy resources at the edges of the grid transitioning to an advanced energy network that can be accessed by all with no barriers to inclusion.

The energy sector is in its most significant transition since the inception of the electricity grid. The United States is served by an extraordinarily complex and effective electric system with fossil fuel generation of electricity at strategically positioned centralized plants serving as the core reactor. The three major parts of the system — generation, transmission, and distribution — work together to bring reliable and affordable electricity to virtually everyone in America, thus providing a service that is essential to the nation’s security, economic development and social connectivity. However this is very expensive and carbon intensive at all generation and distribution points and virtually removes all of us from access to the value chain. There are many estimates but McKinsey’s values the current (depreciated) value of the U.S. electric grid, comprising power plants, wires, transformers and poles, is roughly US $1.5 to $2 trillion and the replacement costs would EXCEED $5 TRILLION dollars. The environmental impacts of such a large investment in fossil fuel energy sources are beginning to reflect in natural environment and geopolitical turmoil.

https://coinidol.com/kwhcoin-cryptocurrency-as-liberation-technology/

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http://kwh-coin-final-symbol.png



KwhCoin is the native token for a decentralized application where prosumers, consumers and other distributed energy resources can connect and configure their energy resources

The KwhCoin represents a kilowatt hour of deliverable energy output or equivalent that was generated and distributed as part of work that occurred on our platform

The KwhCoin is a digital currency backed by a kilowatt hour of electricity that aggregates the energy usage data of distributed energy resources. Any upstream value is automatically paired into a digital wallet and payment is in Kwh Coin

We hope to converge the decentralizing potential of blockchain based virtual assets and distributed energy resources to build a virtual renewable energy power company that has no barriers to access (giving the 1.2 billion globally without electricity a low transaction cost rail for energy)

We are launching a token sale at the end of November to build an advanced energy platform that connects and collaborates renewable energy resources and uses the Kwhcoin as the component to measure and exchange value with that being generated based on a deliverable kilo watt hour of productivity that was executed on the platform.

Girard Newkirk
Founder CEO
Kwhcoin

Phone 252-414-7526
Email: [email protected]
www.kwhcoin.com

http://linkedin.com/in/girard-newkirk-21137b70

@Twitter

www.kwhcoin.com

https://www.dropbox.com/s/tczsophwhztpw4g/KWHCoin%20%20%281%29.mp4?dl=0
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