What is Hive Power?
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.
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.