GridPlus
by ConsenSys
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Grid+ is building blockchain-based software and hardware solutions to bring more efficiencies to the energy markets.
Company Details
- ConsenSys
- https://gridplus.io
- Founded 2017
- Austin, Texas
- Blockchain-Based IoT System for Energy Markets
Token Stats
About GridPlus
Grid+ is developing a crypto-currency enabled IoT device that uses the Ethereum blockchain to give consumers direct access to wholesale energy markets. This will decrease costs and greatly improve overall efficiencies in the energy market.
The company has created a GridPlus Agent device, which is a secure general purpose computer that can communicate with the Ethereum blockchain. It automates payments and eliminates intermediaries.
The platform also enable users to give back to the energy grid and utilize real-time power purchasing decisions, which further reduce energy prices. GridPlus is fueled by the GRID token.