KWHcoin is a digital currency that is applicable in network of distributed energy resources launching an advanced renewable energy economy with blochchain based platform and cryptocurrency backed by units of clean, renewable energy. KWHcoin is a digital currency backed by an equivalent measurement of deliverable KWh output from network participants. KWHcoin is a peer-to-peer decentralized digital currency that converts distributed energy resource data into digital tokens. Network participants can then use the digital tokens to trade renewable energy, without the need for an intermediary or a trusted third party. KWHcoin is here to add value to a new generation of energy users and energy producers. The major aim of the KWHcoin platform is to improve the lives and welfare of about 1.2 billion people living all over the world without having access to any reliable energy. As a morally and socially conscious community, the platform plans to implement blockchain technology with renewable clean energy, to provide millions of people with electricity and weaken the world’s dependence on fossil fuels. The team of professionals who engineered the development KWHcoin ecosystem believed that the objectives of improving the lives of people living across the world can be achieved by building a network that allows anybody in the world to buy and sell renewable resources through the GRID. The grid is a mobile and desktop app that serves as the open source database of energy transactions for network participants. The grid consists of a decentralized global community of peer to peer, clean energy prosumers, consumers, and environmentalists. KWHcoin is the local token for a decentralized application where prosumers, consumers, and other distributed energy resources can connect and configure their energy resources. KWhcoin is the currency that power peer to peer transactions, token swap, digital exchange, all transactions that takes place on the grid. The coin is designed to empower individuals to make an independent choice for a 100% renewable energy alternative. https://kwhcoin.com/. Cryptocurrency and blockchain technology enable platforms to access and activate a sustainable and environmentally conscious energy future. The Kwhcoin digitally represents the organic generation of a kilowatt hour of deliverable energy output or equivalent that was generated and distributed as part of work that occurs on the decentralized platform. KWHcoin provides an opportunity for its community members to buy renewable energy from local generation sources. The local generation sources reduce the losses and extend the life span of existing transmission infrastructure. It also minimizes transmission cost for customers.
https://kwhcoin.com/wp-content/uploads/2017/12/KWHCoin-White-Paper-REVISED.pdf
The Kwhcoin is a digital representation that is backed up by a deliverable kilo watt hour that is generated or distributed as part of work that occurred on the platform. The platform works this way, for example, a homeowner in California decides to put his energy usage data on the blockchain, where its monitored in real time for its billing cycle and the energy export that is integrated into the grid is instead converted to a Kwhcoin which is automatically deposited into the members digital wallet making the homeowner an energy company with viable virtual assets. The homeowner will now have the choice of accessing the decentralized application (this will serve as the marketplace for prosumers and renewable energy source seekers can collaborate to allocate resources) to access choices on the value chain or access multiple decentralized exchanges for value exchange. The KWHcoin initial coin offering is expected to kick off by the ending of January, 2018. 1ETH is equivalent to 12,308KWH.1Ethereum is also equivalent to 800 dollars, which is also equal to 1KWH. You can get your token as quick as possible because this is a world changing project. Be part of the investment. Always check the website to know when the actual date of the ICO. All transactions on the network are executed in KWHcoins making it a viable digital currency for the emerging internet of energy. The initial coin offering is set to create a total supply of 195, 000,000 KWH tokens to launch the advanced energy resources.
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