Build Decentralized Energy Communities Secured by the Blockchain
Hive Power provides anyone with the possibility to create and manage energy communities on the Ethereum blockchain.
Hive Power develops a turnkey solution for the creation and management of local energy communities on the blockchain, providing an economic optimization for their participants by lowering their bills and valorizing their assets. In collaboration with meter producers, Hive Power is building a blockchain ready energy meter, which allows to safely tokenize energy.
What is Hive Power?
How it works
Hive Power runs on the Ethereum blockchain, making use of multi-party off-chain channels for fast and cost-effective transactions. Energy transactions are paid with third-party stable tokens.
Differently from its competitors, in addition to the blockchain platform Hive Power also provides an efficient energy trading mechanism perfectly tailored to the use case of energy communities. The HONEY algorithm exploits customers’ flexibility to optimally match production and consumption, such that the community’s welfare is maximized and grid technical constraints are satisfied.
What makes Hive Power unique?
Revolutionary Protocol Features
Hive Power platform is open to third-party hardware and software manufacturers
The platform design complies with grid constraints on power quality, current limitation and peak shaving
The market design enhances the cooperation between users, promoting the usage of solar energy and batteries
Efficient integration of Hive Power platform in microgrids, enables safe operation and optimal asset management
Manage your assets using the Hive Power app
Why Hive Power?
Optimizes your energy assets profitability
Enhances your local energy share
Increases electrical grid reliability
Promotes sustainable energy consumption
Enables the decentralized energy revolution
Guarantees benefits for consumers and producers
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"The token sale does not constitute an offer of securities or a promotion, invitation or solicitation for investment purposes. The terms of the contribution are therefore not intended to be a financial offering document or a prospectus. The token offering involves and relates to the development and use of experimental software and technologies that may not come to fruition or achieve the objectives specified in the white paper. The purchase of tokens represents a high risk to any contributor. Tokens do not represent equity, shares, units, royalties or rights to capital, profit or income in the network or software or in the entity that issues tokens or any other company or intellectual property associated with the network or any other public or private enterprise, corporation, foundation or other entity in any jurisdiction. Hive Power Sagl also does not advice citizens from countries that have conflicting regulations to participate in this program. All participants are expected to perform due diligence and refer to the Terms and Conditions before making any decisions."
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