Review on SunContract by francis fernandez
secure energy exchange platform
The use of blockchain technology contributes to creating more secure and efficient trading networks. Due to this, its implementation is increasingly frequent in many sectors.
SunContract creates a trading ecosystem to promote energy exchange through the use of its cryptocurrency. The use of blockchain technology in this commercial platform is due to the need to create an open, non-custodial and secure market to manage energy trade worldwide.
What does SunContract guarantee to its users?
For buyers, SunContract offers the security of processing their transaction in exchange for the receipt of a digital good.
For sellers, SunContract provides the opportunity to expand their sales network on a global scale by promoting their energy product. In addition to allowing you to innovate your business with the use of a multifunctional and safe technology.
With the use of blockchain from the SunContract platform, the energy market will be more efficient, secure and easily accessible for all individuals globally. Its users can trade energy without intermediaries.
It is also a more accessible network in terms of operating costs in the energy network.
Considering the importance of energy in our time; SunContract represents a platform with a lot of future in this sector that points towards the growth of this industry, by optimizing its commercial operations through the use of blockchain applications.
In this way, SunContract drives the massive adoption of digital energy trading under reliable, efficient and economical conditions.
SunContract uses its SNC currency to promote the operations of its commercial network.
Its holders can use this currency as a form of payment, in addition to the euro and the SEPA system.
This coin participates in important exchange platforms such as CoinSwitch; which allows its holders to access a wide range of business opportunities.
Pros
- Creates an open market for energy exchange
- Allows transparent transactions
- It allows to innovate the traditional energy trade
- Offers low-cost operations
Cons
- A majority portion of its total supply is currently on the market
