What is a Coin?
A coin is a digital asset designed to work as a medium of exchange using cryptography to secure the transactions and to control the creation of additional units of the currency. Coins are typically issued by a centralized authority and are created through a process known as mining. SunContract is one such example of a cryptocurrency.
SunContract is an energy trading platform that utilizes blockchain technology to create an open, decentralized energy market. The platform enables households and businesses to trade electricity directly with each other, cutting out middlemen and reducing costs for consumers. It also provides access to renewable energy sources, allowing users to choose green energy over traditional sources.
The SunContract platform uses smart contracts on the Ethereum blockchain in order to facilitate peer-to-peer (P2P) energy trading. This means that all transactions are secure, transparent, and immutable. Additionally, SunContract has its own native token called SNC which can be used for payments within the platform.
SunContract’s mission is to empower people by giving them more control over their energy consumption and costs. By utilizing blockchain technology, it seeks to revolutionize the way we produce and consume electricity, making it cheaper, greener, and more efficient.
To learn more about SunContract visit https://suncontract.org/
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