Bittwatt BWT
Bittwatt Price Change 24H Change 7D Change 1M Change YTD Market Cap Volume 24H Circ. Supply
- - - - - - - 307.01 M 2.6/5 (#1472)

Bittwatt Price Chart

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Algo. Score Rating

Analysis 2.6/5 (#1472)
100% Open channels
58% Team Strength
43% Product Strength
40% GitHub Activity
45% Coin strength
80% Business strength

About Bittwatt

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Release Date -
Platform -
Consensus Ethereum consensus (currently proof of work, will be proof of stake later on)
Algorithm -
We envision a world of smart-consumers in a sustainable energy system with minimal costs for all parties. Our mission is to be the first international platform to integrate and facilitate cooperation between all market operators for the benefit of the consumer.So as to achieve these, we are committed to: creating a blockchain enabled energy trading market that is simple, transparent and delivers more value to all its users; expanding globally (London, Bucharest and Singapore being already under development). We are now changing the way we operate electricity systems by building a smart, flexible system that makes the most of all energy sources and enables us to exceed our customers’ needs in a balanced and financially efficient ecosystem that learns and evolves. For this purpose, we have started developing a new marketplace for electricity balancing and trading – which is blockchain enabled - that incentivizes producers and opens up competition on a level playground. We aim to deliver this completely new and highly cost-effective energy ecosystem fully by 2022. The platform will be accessible to everyone in the industry – regardless of size – running new technologies alongside industry standard applications. This market framework is designed to empower users (producers, suppliers or traders) in applying balancing processes, and requires little intervention from Bittwatt as a System Operator (SO).

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