Review on Energo by Fabrizio Zampieri
Energo, a Shanghai based startup, is a blockchain-based digital asset that can…
Energo, a Shanghai based startup, is a blockchain-based digital asset that can be transacted between producers and consumers, and between any energy storage system (ESS), in a Decentralized Autonomous Energy (DAE) community. So, Energo Labs integrates blockchain into the energy sector. Energy is considered as a digital asset that can be traded for several applications such as peer-to-peer, machine-to-machine, vehicle-to-microgrid, renewable energy certificate trading, and virtual net metering.
The Energo app is an innovative product that integrates blockchain, IOT and e-wallet features to enable users to easily connect to their smart meters and use the Energo trading platform. The app has many features and can be linked to the user's DAE community to view real-time asset updates, participate in energy transactions, view information stored on the blockchain, and pay bills electronically.
EME 1.0 is Energo’s smart meter which is essential for energy producers and consumers. This hardware supports a two-way measurement of electricity generation and consumption and is based on a SIM card to process data communication among nodes in blockchain.
Energo (TSL) is a cryptocurrency token and based on the Qtum platform. Energo has a current supply of 1 billion TSL with 602 378 920 TSL in circulation.
TSL is tradable on CoinBene, Gate io, CoinEgg and Allcoin exchanges.
Pros
- - Energo aims to balance energy security, costs, and decarbonization with a prosumer-focused approach. Will they be able to achieve these goals..?. - Founders team are dedicated to promoting green technology and creating a sustainable energy for a cleaner planet. - Advanced App (blockchain + IoT + e-wallet features). - In the future, Energo Labs will launch more project roadshows, which will lead more and more people to better understanding of energy + blockchain. - Important commercial partnerships in South-East of Asia, india and Australia.
Cons
- - it is necessary to develop a much wider community so Energo project can demonstrate its real potential. - Young project, there is still a loto of work to do.
