Blockchain technology is one of the most promising technologies for setting up secure, decentralized IT systems and infrastructures. The change in energy supply towards renewable energies, calls for the setup of decentralized structures. The application possibilities of distributed ledger technologies (DLT) are manifold and enable completely new exchange relationships between unknown actors.
GPC sees DLT as an opportunity to further democratize the energy market and to allow more and more people to benefit from the participation in the energy business. The platform structure of GPC is thus essential for systematically lowering the market entry barriers especially for private households.
The advantages of the blockchain technology include, above all, the creation of transparency, security against manipulation, disintermediation, enhanced IT security and decentralization.
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Energy is fundamental to us all, and finding ways to secure green clean electricity is now a priority for many organizations. At GPC we use agile markets underpinned by blockchain technology to help fulfil these needs.
Our platform creates a community of electrical prosumers, i.e. producers and consumers who comprise the growing distributed grid. In this new world there are benefits for everyone.