menu
techminis

A naukri.com initiative

google-web-stories
Home

>

Startup News

>

What If Yo...
source image

Hackernoon

1M

read

99

img
dot

Image Credit: Hackernoon

What If You Could Shop for Electricity Like You Shop for Groceries?

  • Imagine a world where you can shop for electricity like you shop for groceries, with the freedom to choose the best deal from a lineup of suppliers.
  • Using blockchain technology, a phone app could act as a power marketplace where electricity companies post their prices on a transparent digital ledger.
  • Consumers can easily switch to cheaper providers with smart contracts and make instant, secure payments on the blockchain.
  • The use of tokens would enable consumers to buy electricity at a low price, save it, or even sell it for a profit when prices go up.

Read Full Article

like

5 Likes

For uninterrupted reading, download the app