Syn Ledger Contributing to the Evolution of P2P Sharing Ecosystem
The advent of Blockchain technology has marked the onset of peer-to-peer sharing ecosystem. The success of start-ups like Airbnb and Ola has given rise to the entire new era of peer-to-peer sharing economy models. Syn Ledger leverages the potential of blockchain to promote the P2P ecosystem and renewable energy trade via its transparent and decentralized platform. Our platform enables the nodes participating in the network to purchase and retail energy in real-time by implementing automated smart contracts.
Syn Ledger simplifies energy trading by eliminating the role of intermediaries by enabling prosumers with excess energy to get incentivized by the network for trading it to consumers in need. Our energy trading ecosystem is potent to facilitate multiple p2p transactions in a more transparent manner without misappropriation and mismanagement.
The Syn ledger p2p EV charging platform enables private smart charging grid owners to make their chargers available for the public during the time it is not being used by them. Our goal is to make p2p charging available with minimum to no investment, just by utilizing the existing infrastructure. The Syn Ledger solution democratizes the energy market by ending the monopoly of certain energy powerhouses and giving an indirect competitive advantage to new EV charging infrastructure developers. Our P2P energy sharing ecosystem acts as a key driver of mainstream EV adoption and renewable energy use consumption by solving the issue of range anxiety, high energy transaction costs, centralized energy trading, etc.
For further details contact us at contact@synledger.com
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Published at Thu, 10 Oct 2019 06:17:42 +0000
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