The current energy ecosystem is built around the exchange of what is and is essentially unstructured information. This means that literally a lot of the types of documents are used to sell or buy electricity, and the vast amount of ordinary process goods (be they back or front-end) is actually exaggerated, and only leads to higher prices.

The exchange of energy between traders (or producers) and suppliers (B2B) takes days of validation and completion completed, and no decentralized

market There is no market for smart-consumer (B2C) from which they can trade unused and choose and changing suppliers based on predetermined criteria.

The reporting of electricity consumption from suppliers is done with a minimum of 15 days latency, so that the imbalance can not be corrected accurately or real time. Energy transit is carried out mandatory through transborder reservations and settings.

This is the case, even though the multi-party movement is legal, as well as rational because two entities (ie one that recognizes unused path paths and the other required unused path spaces) can make the most of the right use of resources. The final consumer (of domestic type) must wait at least 15 days to change supplier's energy. That's because of all the reasons i price increases. With transit energy slowed down or down even inaccessible as a real choice (due to temporal, financial, or bureaucratic constraints).

Bittwatt is a platform that connects all market players (producers, consumers) and provides standard blockchain protocols to share relevant business information, while creating decentralized services for energy supply, billing and balancing.

The Bittwatt platform is built without intricate bureaucracy by synchronizing consumption metrics and other relevant information within the blockchain. Bittwatt simplifies this operation by removing operational and transfer costs, all this in an automated workflow that also optimizes energy transfer on an hourly basis, all this transforms the normal consumer into a smart consumer. In addition, Bittwatt is built on sustainability considerations: as energy yield increases through Bittwatt blockchain for all participants, energy waste and energy compaction.

This platform simplifies the demand response mechanism on the grid through seamless transactions that are not subject to trust issues - all thanks to blockchain technology. Bittwatt encapsulates a set of core capabilities that enable scaling of each brand's needs or location on its network. With Bittwatt, power plants, suppliers, consumers and other operators can contribute to ensuring energy is no longer wasted.

The system also empowers all participants to create environmentally friendly and sustainable energy practices, which do not compromise the convenience of modern humans.





Bittwatt enables a fast, transparent and credible settlement between market participants. Based on consumer profiles, Bittwatt matches demand with market supply every hour of every day. Bittwatt uses Artificial Intelligence (AI) to learn and adapt to what the grid says. This enables a demand-response system that simplifies supply for all parties, from power plants to savvy consumers. Bittwatt integrates regulatory and data information shared between energy suppliers, grid operators and savvy consumers - bridging the real-world software and business ecosystem.

By using Ethereum as an abstract base layer, Bittwatt is able to apply all

its features and protocol rules directly into smart contracts, which are then deployed

and processed by the network. Bittwatt will develop an ERC20 token with eighteen digits after the decimal point and ticker symbol BWT This will be the foundation for all operations within the ecosystem.

Total token inventory is 400,000,000 BWT.

one BWT token represents a transferable token token equivalent of 1 kWh.

Tokens BWT can be used to pay for electricity on the Bittwatt platform, regardless of geography or suppliers (As long as energy suppliers are Bittwatt partners).

For more information visit the following link:

website: https://bittwatt.com/

whitepaper: https://bittwatt.com/static/files/Bittwatt-Whitepaper.pdf

twitter: https://twitter.com/BittwattPteLtd

facebook: https://www.facebook.com/energyforthe21century/

Bounty: https://bountyhive.io/join/Bittwatt﻿

Author: nguyenluancmg