Doru Domuta could be labeled a visionary, but he would tell you he’s far from it. He’s more close to being a practical man who cares about the environment and is very aware of the energy needs of a world that every day adds more people in their ranks. The man is the mind behind Restart Energy, a company looking to create energy ecosystems that encourages energy trade between people who share his concerns about the production of green and renewable energy with no limits with working solutions.
The beginning of the road
The company began operations in 2015 under the wing of the Armand Group, one of the most influential developers of green energy solutions across Romania. Under the watchful eye of its CEO and founder, Restart Energy has expanded their operations all over its country of origin by creating the first ever energy supply franchise based on renewable sources. Their quick growth as a brand has put them in the map because of their intended next step on development: The RED platform.
Development details
The development of RED is being funded by a new token. The ICO offering of Restart Energy is based P2P energy trade using blockchain technology. While the idea is not new on itself the way is being handled by the company is almost revolutionary on itself. The first plus that stands out of their dealings is the fact that Restart Energy is a licensed energy provider in the European Union, and they are backed with a customer base of 30,000 clients. The company is looking to tokenize energy consumption by creating a digital currency that will carry the weight of a measured electrical charge ready to be used for trade. Or to power up the energy needs of a fellow user.
The goals of the company
Since their intended reach goes beyond earnings, Restart Energy is looking to improve the energy trade by taking out distributors and creating a new infrastructure that reshapes the costs of energy for generators and consumers. Their work might be cut out for them since they have their eyes set on international markets, but they will likely have to deal with regulatory norms of other countries. Extended markets such as the US, China, India, and a few Latin American countries have regulated energy services. Some of them are directly dependent of the state.
Still, their offering is one of the first Blockchain applications to be aimed at real-world applications. The token labeled RED Mega Watt has a powerful value as a transaction tool or as a holding related to energy payouts. And while the ecosystem is closed to other applications, there is potential for integration of third-party players that would give this initiative unlimited potential.
Restart Energy and RED are doors to the future of energy trade. If the company success, it will create a new model of energy delivery between producers and consumers by allowing them direct contact to negotiate trade costs in the open. A more detailed explanation of the advantages of this goal can be found in https://restartenergy.io/ The Company is currently opening a pre-ICO offering and they are eager to make clean energy accessible to everyone.
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