SunContract

Overview of SunContract

  • Suncontract announced that together with Slovenian partner SONCE energija and a consortium of partner companies, they have been selected for an R&D project — supported by EU grants amounting to €4,659,682 ($5.5 million USD) for research into how blockchain technology tools with scientific approaches and a multi-value service design can be used to boost Demand Response (DR) through increased community-level consumer engagement.
  • SunContract’s business model joins together the best features of blockchain technology (5 T’s: trust, transparency, traceability, time stamp and transactions) and renewable sources of energy (5 D’s: digitalization, decarbonization, deregulation, decentralization and democratization) to create entirely new services that will revolutionize the existing market.
  • SunContract believes that the fiat gateway will go a long way in encouraging adoption of the peer-to-peer energy trading of electricity, not only in Slovenia where the project is being implemented for a start, but also globally.
  • SunContract is an energy trading platform that directly connects energy producers and consumers into an energy pool based on smart contracts, according to the platform’s website.
  • SunContract, the world’s first live blockchain-powered peer-to-peer platform that empowers individuals to freely buy, sell or trade electricity was launched on April 13, 2018.
  • SunContract was very obliging in giving us an interview, so we want to thank them very much for the pleasure – we hope you will enjoy it as much as we did.
  • SunContract is a blockchain-based company that aims to decentralize the energy sector, with the goal of tailoring it to maximize the welfare of the common man.
  • SunContract temporarily disabled deposits and withdrawals while there is open investigation of issue with the recent network upgrade for a few Ethereum nodes.
  • SunContract works with over 30 partners across Europe to solve the problem of undersized communication infrastructure.
  • Suncontract, išče motivirano osebo, za delovno mesto »Tržnik za prodajo električne energije« m/ž.

    • Blockchain

    and SunContract are working hard towards introducing the SunContract solution on the Italian energy market in the year 2019.Tecnoapp S.r.The two companies, with the SunContract blockchain platform for energy trading, will work towards creating more demand for renewables, as all stakeholders in the business model created by the SunContract platform will have something to benefit.

    Network

    Italy has already managed to install more than 770,000 solar power plants which indicates a clear determination of Italian consumers to shift towards sustainable, renewable sources and self-sufficiency, SunContract said.Tecnoapp has more than 20 years of experience in the field of energy and a wide network of Italian partners and contractors, SunContract said, noting that Italy, the EU’s fourth-largest economy, represents an immense potential for the platform’s expansion and customer acquisition.

    Regulation

    The blockchain technologies are implemented into existing energy distribution systems without changing the general energy regulation framework, according to SunContract’s website.

    Support

    Another high priority area at SunContract is the electric vehicle sector.In particular, the partnership with Microsoft should provide the possibility of shortening the development phases from a few months to several days in some areas, and thus actively support SunContract in its implementation.The relatively young branch of e-mobility also enables and requires adequate flexibility.

    How does the SunContract SNC platform work for people unrelated to blockchain?

    The user can conveniently log in at home on the SunContract.org platform.There, he concludes an agreement with SONCE Ltd and the “Balancing Group” SunContract.Meanwhile, SONCE Ltd provides an efficient service for terminating the contract with the previous supplier and has been operating as a new electricity partner ever since.The contract sets a maximum price around which you can now buy energy at any time on SONCE Ltd.’s SunContract platform.

    What coins are similar to SunContract?

    The following coins use SunContract’s ETH Token algorithm and proof-type: Chainlink, THETA, Binance USD, DREP, DREP [old], PancakeSwap, Aave, FTX Token, Maker, Huobi Token, Crypto.com Coin, Dai, Polygon, Chiliz and Holo.

    What is SunContract?

    A platform that directly connects energy producers and consumers into an energy pool based on smart contracts.The SunContract’s vision is to support a global self-sufficient energy community based on renewable energy by digitalization of electricity.

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    How to buy SunContract (SNC) on SimpleSwap?

    The SimpleSwap team has rethought the process of cryptocurrency exchange to make it simple, safe and comfortable.

    How do I buy SunContract?

    It is not possible to buy all cryptocurrencies with U.S.dollars.Bitcoin, Bitcoin Cash, Ethereum, Litecoin and other popular cryptocurrencies can be purchased with U.S.dollars using Coinbase or BlockFi.Once you have purchased Bitcoin using Coinbase, you can then transfer your Bitcoin to an exchange such as Binance to purchase other cryptocurrencies, including SunContract.

    What is the Government Fee?

    The trademark government fee is paid to the government trademark office.Government fee will be charged separately at the time of filing
    when attorneys complete your trademark legal work,
    finalize the filing details with you
    and ready to submit your trademark to the trademark office.

    What is SunContract SNC and how does the platform work?

    SunContract is a technology-based trading platform for energy blockchain.Allowing users to trade directly in energy (buy and sell) without the need for third parties.Business SunContract focuses only on renewable energy sources, such as solar and wind energy, as well as the use of geothermal energy and biomass.

    SunContract SNC token value?

    SunContract earns an average per user per platform of € 0,5 – € 0,8 per month.

    What is the Reddit page for SunContract?

    The official Reddit community (subreddit) for SunContract is r/suncontract.

    What hashing algorithm does SunContract use?

    SunContract is a coin that uses the ETH Token algorithm.

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    What is SunContract?

    SunContract will be an energy trading platform that utilizes blockchain technology to create a new business model for buying and selling electricity.If you believe that blockchain technology can solve many of today's problems and that we are the team to take it to the energy sector, you are welcome to contribute.In development.

    What does this mean for the consumer?

    By establishing a free market, the user will achieve significant cost savings.In Slovenia SunContract SNC cooperates with SONCE New Energy Ltd.from 2017, which guarantees a standard market price after the conclusion of the contract.This prevents price fluctuations and agreements that harm consumers.Using blockchain technology and so-called Intelligent contracts, the SNC platform avoids unnecessary intermediaries, thus providing cheaper electricity.The platform is in use from April 2018.Users can save from 20 to 35 percent compared to conventional energy sources and existing energy suppliers.Thanks to various partnerships, SunContract can use existing energy networks or infrastructure, enabling anyone (currently only in Slovenia) to independently buy or sell electricity.Soon the platform will be available in Italy.Other EU and non-EU countries are under development.

    Where can I get SunContract wallet?

    SunContract produces its own wallet software that is available for download on its website, which allows you to store SunContract on your computer.For maximum security, you can store your cryptocurrencies on a dedicated hardware wallet such as a TREZOR wallet or a Ledger Nano X.If you do not wish to buy a hardware wallet, you may consider using a mobile wallet such as Atomic Wallet, Jaxx, or Coinomi to store multiple cryptocurrencies with some added security benefits.

    What is SunContract?

    SunContract is a Decentralized Energy Market created to disrupt the energy section.Through the use of SunContract onnects electricity producers and consumers directly on a electricity pool, skipping middlemen fees and complications.SNC is an Ethereum-based token that is used within the SunContract system.

    What is the value of SunContract?

    One SunContract (SNC) is currently worth $0.05 on major cryptocurrency exchanges.You can also exchange one SunContract for 0.00000094 bitcoin(s) on major exchanges.The value (or market capitalization) of all available SunContract in U.S.dollars is $6.59 million.

    History of SunContract