TransActive GridVISIT NOW
Community energy market enabled by the blockchain
Smart contract blockchain
Lawrence Orsini - LO3 Energy Co-founder
William Collins - Energy Markets Expert
Joseph Lubin - ConsenSys Founder
TransActiveGrid has rebranded into LO3, which aims to revolutionize the energy sector. With the help of the blockchain technology they want to change how the energy is generated, stored, bought, sold and used - all taking place at the local level. A Smart Meter measures building's energy production and efficiently manage it. When a charging station or an electric vehicle has a surplus of energy, it is made available for purchase on the local network automatically.The project includes a peer-to-peer energy market, where anyone who produces energy using renewable sources can sell it to others. The team is of a medium size, however the founders have many years of the experience when it comes to the energy market. Among the listed members, there doesn't seem to be many developers or programmers who will be able to deliver the promised platform and sole technology.
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