DIGITAL ECOSYSTEM OPERATOR
Energy Coin Market is an innovative FinTech platform that uses DLT to create a digital representation of a distributed energy system. The use of smart contracts for power (kW) and energy (kWh), together with innovative user wallets, has opened up new opportunities.
As the operator responsible for settling transactions between system users as well as between individual cluster units, ECM has enabled the digital transfer of value and created a new market – the capacity market.
ECM Energy Wallet is a core element of the system. Thanks to it, users can build their own portfolio of rights to power capacity (kW) across the available energy clusters and benefit from it. The wallet is the heart of the settlement system, while free AirDrop mechanisms ensure its proper functioning.
SDTx Smart contract is a digital representation of an agreement establishing ownership of power capacity (kW) held by the user. Based on the SDT asset stored in the wallet and the volume of power capacity recorded in it, the system settles all generated values.
EC Smart сontract (kWh): the values generated within the cluster are recorded by the system in the form of a digital Energy Coin (EC), which is based on a unit of energy (kWh) and reflects its financial value through a nominal value parameter assigned each time the coin is issued. EC smart contracts serve as an internal settlement value within the system, while their digital nature enables new ways of using the energy produced.
Thanks to digital representations of value, the ECM Ecosystem offers a new perspective on the utility of energy. The mechanisms used make it possible to carry out transactions in accordance with the nominal value parameter.
ECM PRINCIPLES:
Principle I – 1EC= 1 kWh
Principle II - EC Nominal Value
Principle III - We trade power capacity, not energy.
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