As we know the environment is in a crisis and we must change our habits in order to save our planet. With that in mind the team behind Pylon Network has decided to contribute its own way by getting involved in the community and renewable energy sector, allowing individuals to shape the future energy system and to participate in the energy market.

Launch in September 2017, Pylon Network is more precisely an open-source energy exchange platform based on a hybrid PoC/PoW algorithm developed for the needs of the energy sector (the algorithm is a fork of Litecoin and a consecutive fork on CREA coin – from Creative Chain team). The platform is about connecting prosumer, consumer and producer of renewable energy under the same decentralize intelligent network. It allows the participant to store, track, buy and sell green energy instantly while leveraging the immutable and transparent nature of blockchain technology.

How does it work?

Let’s say you have a big family and your electricity bill keeps on increasing every month while I live alone and have a solar panel installation on my roof that produces more energy than I consume. I need a way to store and/or sell that extra energy and you need an alternative that is cheaper, local and more flexible for your needs. That’s where we both become participant of the Pylon Network. The great news is the technology needed to develop the project is already working in the real world. Pylon is using Klenergy products METRON (energy monitoring system) and HELIOS (hydrogen storage solution) integrated into the blockchain to make it decentralized and profitable for both of us.

See Pylon Network introduction video: https://t.co/S197cordCt