http://AlphaInvestors.Club – Hey guys! Thanks for joining us here at http://AlphaInvestors.Club where today we will be reviewing Pylon Network.
Pylon Network, is a blockchain-based network powered by renewable energy.
The goal of the platform is to create an ecosystem powered by renewable energy. Here’s how the developers explain it:
“Pylon Network is structured with only one purpose: to create the first open, renewable energy exchange community, which will provide the energy markets with the signals and financial incentives that current energy policies and governance systems, are failing, or delaying to provide.”
Users of the Pylon Network can exchange green energy. This green energy is purchased directly from the RES producer without the need for intermediaries.
A digital currency called the Pylon coin lies at the center of this ecosystem. Overall, the marketplace is designed to reward the production of sustainable energy and financially support projects built on sustainable technologies.
As the Pylon Network website explains, the renewable energy technology is out there today – Pylon Network just wants to accelerate its implementation.
How Does Pylon Network Work?
Pylon Network is a decentralized platform that promotes decentralized energy technologies. The operation of Pylon Network is based on blockchain technology, “which gives the room for creation of trust mechanisms and data management at a decentralized scale”, explains the official website.
Pylon Network’s blockchain uses a blockchain-based smart meter called Klenergy Metron. This meter powers the network and validates all energy and currency transactions within the platform. Through this mechanism, Pylon Network can achieve two crucial goals:
Reward the production of green energy
Connect grid-connected players with stand-alone RES2 installations
Klenergy Metron is one of several third party products and services integrated into the Pylon Network. The network also relies on Helios, decentralized applications, and green mining platforms….tune in for our full review!
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