D.Energy is ‘Making Clean Energy the New Currency of the Digital World’: CEO
Blockchain technology is crucial for transitioning to renewable energy, as stated by D.Energy's CEO Shafi Rafi. The platform utilizes a "Proof of Energy" consensus mechanism, where validators stake tokenized renewable energy certificates (RECs). This makes D.Energy the first layer-1 blockchain powered by real-world asset NFTs. The blockchain offsets its energy consumption at a 1000:1 ratio, contributing positively to the environment. D.Energy aims to create a borderless, peer-to-peer energy-backed economy using its WATT token, allowing global trading of renewable energy. Unlike traditional energy markets, D.Energy enables users worldwide to buy and stake RECs. The project focuses on sustainability and incentivizing clean energy generation across industries, with plans for decentralized applications on its blockchain. The foundation of D.Energy is clean energy, aligning with the electrification trend in the digital world.
