Hive Power. Build Decentralized Energy Communities Secured by the Blockchain

The goal of Hive Power is to create energy exchange communities where all participants have a guaranteed economic benefit. Unlike other energy exchange schemes, the Hive Power platform is designed to take into account technical aspects of the grid, such as power quality standards in the distribution network. 

Hive Power is developing a complete solution for building and managing local energy communities on blockchain technology, providing economic optimization for its members, reducing their accounts and evaluating their assets. In cooperation with meter manufacturers, Hive Power is developing a ready-to-use energy blockchain meter that allows you to safely tokenize your energy. Unlike its competitors, in addition to the blockchain platform, Hive Power also provides an efficient energy trading mechanism, ideal for use in energy communities. HONEY's algorithm uses customer flexibility to optimally match production and consumption, so that the community's welfare is maximized, and the technical limitations on the grid are met.

 

Official website: https://www.hivepower.tech/

Whitepaper: https://c.fastcdn.co/u/a25ac79a/29853262-0-Hive-Power-WP-1.3.pdf

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