[Update Feb 7th] News on SunContract Platform, App Updates, and More

SunContract
@SunContract
Published in
4 min readFeb 7, 2018

Sun lovers, over the last couple of weeks the SunContract team has been hard at work and we are now back with a couple of updates. For one, we have divided the layout of the old tokensale page and the new product page. The latter is to host an array of new features within coming months. We also have added the Pioneers subpage in order to present our program more clearly and in greater detail. As you may all know, Pioneers are very important to us as they will be the ones to spearhead the adoption of our vision of a sustainable, green ecosystem.

Massive upgrades of the app and the platform

We want to make it very easy for you to use our platform to calculate your SNC balance and purchase orders in your local currency. For this reason, we have integrated a price indicator into the app which will enable our users to know exactly how much money they are saving and spending.

Another new feature is the “Purchase Page”. As you all know, we do not consider SNC to be a token primarily aimed at making investors rich. SNC is a utility token and as such, we will be partnering with companies like SONCE in coming weeks who will offer services within the SunContract platform and our users will be able to conduct transactions with these partners using the SNC token. For example, once we release the platform on April 1st, Pioneers — who will be the very first people to access and use the platform — will be able to order solar panels and heat pumps simply via the platform and from our partner SONCE Energy. SONCE will then fulfill the orders on their end. The feature will become available in other countries as we continue to integrate new partners onto the platform.

Quality-of-Life Technical Improvements

1.) The Balance Refresh Time has been reduced to 10 minutes max.

2.) A “Support” Button has been added that now connects you with our online support team (Yes, we are growing!). At the moment, we still have a system whereby you have to submit questions manually… However, this will be upgraded before the platform release on April 1st.

3.) We are also upgrading our admin backend to improve user experience for both users and partners. Currently we are in the “background-checked testers only” to ensure security.

4.) Verification upgrades: Up until now, users who wanted to become Pioneers, had to get verified via their phone number (KYC stage 1). Before we start with online energy trading, users will need to perform another level of verification called KYC stage 2. This stage is to open up to pioneers in March.

Improvements and State-of-Affairs Before Improvements

After the initial release of the webpage and app in December, we did a lot of testing and have spotted a number of potential bottlenecks.

The biggest issue was refresh time. After KYC stage 1, users could have sent SNCs to their platform addresses but it would sometimes take hours before the balance was displayed on the app despite the fact transactions were completed in a couple of minutes. As mentioned above, this has been addressed and token balances should show up on the platform a lot faster than they have in the past.

In October, we redesigned the page and made a slight change to improve our logo. We also added the new Pioneers subpage to the website. We cannot stress enough how important Pioneers are to us and our mission. They will be the very first users of our platform when we release it on April 1st. The new subpage briefly describes what the Pioneers Project is and what benefits individuals gain by signing up to the program. We will in the near future be adding some additional features to this program. Be sure to sign up soon as it is limited to only the first 1000 members!

In January, we began the testing phase of the platform. Our focus was on our own blockchain data writing. Since public blockchain will be used only for final payments, private blockchain needs to be verified by a neutral authority. As mentioned in our previous updates, it is Infrachain that will be entrusted with this responsibility. Private blockchain is used for micro settlements and data storage from smart meters only.

What can we say? The project’s outlook is continuously being assessed in-depth and we are upgrading and integrating a variety of features regularly. Expect more updates in the coming months as SunContract project develops further and new interface solutions as well as new business partners are integrated into our project.

Social Media Networks: Join us on Telegram where you can talk with the team and sun loving community. Follow us on Twitter, Facebook, Reddit and Medium. SNC token is getting fresh traction and being recognized by new people and exchanges such as OKEx and Huobi thanks to the great community supporting the SunContract project. Don’t forget to check out our unique use case of the SNC token and its healthy and stable growth.

SunContract is an energy trading platform that directly connects energy producers and consumers into an energy pool based on smart contracts. Blockchain technology takes over the role of the middle man as a trusted technology infrastructure. The blockchain technologies are implemented into existing energy distribution systems without changing the general energy regulation framework. We have already developed and launched our pilot project which is in use on a national level in Slovenia for a start. We are currently working on expansion, adoption and introducing a fiat gateway on the platform for users to purchase electricity directly on the platform without the need for a cryptocurrency exchange.

For Media Enquiries:

Winfred K. Mandela

CMO — SunContract

winnie@suncontract.org

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SunContract
@SunContract

SunContract is a pioneering energy-trading platform that directly connects energy producers and consumers into an energy marketplace based on smart contracts.