Blockchain technology offers many great advantages over traditional trading mechanics. One of its most important advantages? Global interaction.

The inherent nature of blockchain’s limitless capacity to be applied and traded anywhere is of key importance in its global advancement. Unlike locally-created legacy products that require a myriad of supports in terms of infrastructure, licencing, and production, blockchain technology is borderless and can not be contained or limited by any particular agency.

This is what provides the EnergiToken with such massive potential. If we examine a single untapped market, such as China, we can quickly see where things could go in very short order.

China, despite all the anti-blockchain sentiment seen in the news over the past year, is witnessing rapid growth in the blockchain industry. In fact, a six-fold increase has taken place in Chinese companies with the term “blockchain” in their titles — and that’s just over the past half year. This increase has occurred during what has predominantly been considered a crypto-winter — an extremely bearish market that has experienced a severe downturn in capitalization throughout the industry.

In addition to this, as much as it may be a surprise to you, China is one of just a few nations on the forefront of moving toward significant improvements in energy efficiency. One area where China has prioritized energy efficiency? Residential power consumption. China is known for its efforts to establish energy-consumption standards in residential buildings, especially in regards to residential appliances and equipment. Industrial energy-efficiency in China, on the other hand, has a long way to go in terms of improvement.

This, of course, is just a singular example of one national market that is ripe and ready for the technology of the EnergiToken project. And that’s the point. There are so many untapped economies around the world where we envision a foothold — a place for EnergiToken to further spread and motivate genuine energy-efficiency efforts, motivated by free market principles and the ability to enjoy decentralized trade.

This is just the beginning for EnergiToken, and there is truly so, so much room to grow in time. We will continue this growth as we develop more partnerships and enter more markets throughout the world. As we do so, we will spread the advantages of blockchain technology, enabling revolutionary methods for the creation, trade, and consumption of energy.

For more information about EnergiToken and its energy-saving reward scheme, please visit www.energitoken.com, follow on Twitter at @EnergiMine or join the EnergiToken Telegram group.