IOEN partners with Polkalokr

3 min readSep 20, 2021

to enhance trust and simplicity in both DeFi and decentralised energy markets.

Internet of Energy Network (IOEN)

tech enables homes anywhere to operate as an intelligent cooperative electricity system, where devices in the network adjust their behaviour to suit local grid needs and the needs of individuals, based on economic incentives.

IOEN’s token model unlocks the capabilities of clean energy microgrids globally, building it from the ground up device by device. As such we are working together with Polkalokr to integrate Lokr’s tech into the miniDAOs of IOEN and open up interest-free liquidity pools associated with clean energy.

Polkalokr

Polkalokr restores trust and simplicity to complex token ecosystems by creating a multi-chain token escrow platform, putting token distribution into the hands of network participants through governance-as-a-service. Polkalokr’s approach to simplify accessibility to token economies and provide highly customizable options, for even non-technical users, enables it to provide a new category of service as more and more people adopt blockchain solutions.

Similarly, IOEN’s mission is to bring everyone into tokenized energy simply and fairly. IOEN tech enables new clean energy economies using an approach to microtransactions and mutual credit systems. This system enables trust between energy consuming, producing, or storing devices. Built on Holochain, the Internet of Energy Network is built on two currency layers: IOEN itself (pronounced “ion”), which is used as a staking asset to unlock new microgrid economies, and a series of Internet of Energy Currency credit systems unique for each community transacting with energy in each microgrid.

“We love what Polkalokr is doing to enhance trust and simplicity in DeFi. It’s the same thing we are doing in tokenized energy. By partnering with the team we are looking to find ways that trust and simplicity for complex economies can improve the lives of many people.” said Adam Bumpus, Co-Founder at IOEN.

Polkalokr and IOEN

Here at Polkalokr, we’re working to make the DeFi space accessible to all. Bridgr, for example, enables users to deploy a multichain bridge without the-man-in-the-middle or any knowledge of coding. By empowering the Polkalokr community, we aim to put power back into the hands of our users. Following a bottom-up approach, IOEN’s protocol forges a path for any grid user to come aboard its ecosystem and monetise their resources. Strategies such as these expand the DeFi space in thoughtful and meaningful ways.

IOEN’s focus on building protocols to facilitate the scalability of software-defined grids whilst striving towards clean and renewable energy distribution is inspiring. As such, we are working together to integrate our tech into the miniDAOs of IOEN and open up interest-free liquidity pools associated with clean energy.

Clean energy microgrids are the future of energy everywhere. IOEN’s mission is to create and deliver digital infrastructure through blockchain and Holochain technologies that accelerate clean affordable energy for everyone.

About Polkalokr

Polkalokr is the first all-in-one, multi-chain token locking and escrow platform with built-in privacy functionality. Its products — Lokr, Swapr and Bridgr — help to build trust within the DeFi space by removing the human element and focusing on governance through code, with a seamless, omnichannel digital experience platform.

More ways to learn about Polkalokr:

About IOEN

IOEN is the next generation of digital energy management and optimisation technology. IOEN tech enables an interconnected system of virtual microgrids that facilitate transactions within and between local energy ecosystems: from the appliance level to energy generation, storage, and consumption.

We are the backbone of the new tokenised energy ecosystem, building out the global clean energy ecosystem wherever you are, device by device.

More ways to learn about us: