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At its core, SunContract is a blockchain-based energy trading platform designed to facilitate peer-to-peer energy trading. This unique initiative allows users—be they individual consumers or energy producers—to engage in direct transactions, a process that bypasses traditional intermediaries like utility companies. By leveraging smart contracts, SunContract ensures that every transaction is efficiently executed with built-in transparency and accountability.
SunContract's mission revolves around several key themes:
Sustainability: The platform prioritizes renewable energy sources, encouraging consumers and producers alike to engage in environmentally friendly practices.
Decentralization: By removing intermediaries, SunContract fosters a more equitable energy market, distributing power and control among its users.
Transparency: Utilizing blockchain technology ensures that all transactions are publicly recordable, enhancing trust between participants in the energy market.
Through these principles, SunContract seeks to revolutionise energy consumption and distribution, making sustainable energy more available and less costly.
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