Review on Electrify.Asia by LUIS RIVERO R
electrifyasia is a project in which it is possible to sell or buy electric…
electrifyasia is a project in which it is possible to sell or buy electric power that has its location in Southeast Asia this according to official information. Its real market in which the block chain will be used to decentralize the energy business is still being planned. To me in general this type of projects I would like them to arrive at what they propose in their roadmap since there are few projects of this type that solve a real problem such as the sale of electricity and the impossibility of establishing prices adequate to these and even more being linked to the chain of blocks that will surely make us continue to change the world. but beyond this this project generates certain doubts.
Pros
- Its platform is aimed at reducing costs related to electricity consumption by executing contracts using the block chain. billing will be more efficient since smart devices will be used to measure and consult operations.
Cons
- Its application is still in development where the information of the purchase of electricity will be sought. Little implementation, apart from this its location only in asía which makes to a certain extent to doubt the project. Know if the project is really viable in the long or short term. for now its only support is its white paper. There is a lack of information for Western investors.
