Pune, India, Dec. 12, 2022 (GLOBE NEWSWIRE) — The project aims to provide greater access to renewable and clean energy sources. The platform allows consumers, producers and other stakeholders to exchange energy in a peer-to-peer manner using smart contracts.
The company harnesses the distributed power of blockchain technology and leverages localized distribution networks and microgrids. The Voltreum platform will enable communities to run their homes and small businesses safely, efficiently and cost-effectively.
A Peer-to-Peer energy trading system
Voltreum’s Volt-X is a new peer-to-peer energy trading system that enables users to buy and sell energy in their communities. With Voltreum, people can exchange energy online in real time, allowing buyers to buy electricity at optimal terms.
The mix between localized distribution and microgrids will represent the core of this project. This platform will allow users to optimize their energy trading and exchange efficiently.
“Volt-X,” as its founders branded the application, will enable people to use local energy resources efficiently. The technology can help everyone create value and reduce their total electricity costs.
At the same time, it will ensure that producers are paid competitively for the energy they produce.
Solar panels, wind farms, hydroelectric plants and other renewable energy sources will be connected directly to the Volt-X platform. This will allow users to purchase electricity from various sources at competitive prices.
The hype comes from a live MVP
Interestingly, Voltreum recently unveiled an MVP (Minimum Viable Product) to show the world what it can do. After the event, the team mentioned that they received invitations from potential customers to conduct pilot tests and use their product.
This fully started venture has come this far without external help. To help with the sales, marketing and development activities, Voltreum is opening up its first seed round on December 16.
The fundraising operation will improve the project’s scalability and provide the team with resources to develop new features and services.
With a very ambitious roadmap, Voltreum can revolutionize how people access the energy market. They have already taken the first steps and are eager to continue building the future of power marketplaces.
About Voltreum
Voltreum is a new project that aims to revolutionize how people exchange energy across a local area. By introducing a blockchain-powered platform, Voltreum will allow individuals, businesses and community organizations to buy and sell energy easily.
This means that everyone in society can benefit from better prices. No hidden fees, greater transparency and accountability when buying and selling energy is the driving force behind the initiative.
The Voltreum website provides more information about this exciting initiative, as do the social media pages below.
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