Building an Energy Backed Economy

TerraGreen
2 min readApr 9, 2019

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The future of Renewable energy is bright with TerraGreen as we have built a renewable energy platform with the help of blockchain technology.

TerraGreen cuts through the recent problems of lacking access to state-of-the-art technology and capital for the renewable energy producers, and to serve access of profitable projects directly to the consumers.

When energy project will tokenize their energy on TerraGreen, then it will be counted as an Energy Token of a particular energy project. Hence, this energy token will be backed by real energy.

Now if any energy project wants to collaborate with the utilities for use of generated energy token then it will be stable coin and rate of this particular won’t be changing.

So, the consumer will be paying their energy consumption with the help of this energy tokens.

These tokes will be of low cost than that of the normal fees that you have been charged, which will be beneficiary for all of them to invest in TerraGreen.

Hence, it has made easy for all who are related to the renewable sector to connect to each other transparently as the tokens are counted as the energy consumed and not the actual value they are known as energy backed tokens and hence this whole ecosystem is hence called energy backed economy.

TerraGreen will be making it easier for future generations to take interest and invest in the renewable energy sector for climate change.

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TerraGreen

TerraGreen is a blockchain based renewable energy platform that renovates the future of Renewable Energy. https://terragreen.io/