This Green Startup Is Changing The Face Of Renewable Energy Sector

This Green Startup Is Changing The Face Of Renewable Energy Sector

Blockchain News Companies
August 21, 2019 by Editor's Desk
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When Blockchain enthusiasts and visionaries come together to make a team that aims to empower people through digital technology and works towards sustainable development a green start-up that goes by the name Electrify Network comes into being. Operating in the renewable sector, Electrify Network harnessing the power of IoT, AI and Blockchain technologies in order
Electrify Network Renewable Energy Blockchain

When Blockchain enthusiasts and visionaries come together to make a team that aims to empower people through digital technology and works towards sustainable development a green start-up that goes by the name Electrify Network comes into being. Operating in the renewable sector, Electrify Network harnessing the power of IoT, AI and Blockchain technologies in order to achieve social impact.

What makes Electricfy Network special is it’s dedication towards conservation of environment and their passion to make sure that everyone has the right to green energy around the world without experiencing any pointless barriers. With a team that has entrepreneurs, business men all encouraging the creation of a utopian society, it is amazing to find a tech start-up that promises efficiency, transparency, and low risk business opportunities while promoting public awareness.

The world deals with problems that concern nature, climatic conditions and the environment on a daily basis with tech businesses and the way they function. With Electrify Network every complication has an ultimate solution that aims for a greener future.

They believe that electricity is the milestone for development. But how to use it in our favour? By ensuring a smart energy solution they aim towards contributing in the development of smart cities. They aim to build an entire framework of a Utopian society by the help of collaborations with major organisations and aids from governments.

Jafar Saeid, the CEO and Co- founder of Electrify Network us the key to it’s growth as a tech green start-up as he himself has been a part of many green start-ups himself for more than 5 years. Over the years it helped him built strong experiences in building and growing businesses. Throughout his career he has worked with such start-ups both in Europe and Africa. A firm believer in the power of Blockchain he hopes to see a brighter future for the continent of Africa.

The passion and dedication that the team brings into the making of a business and even an organisation prove fruitful for it’s growth and success both. Haythem Chedid, the COO and Co-founder of Electrify Network was one of those people who has always been environmentally conscious. Being an architect he aimed to create an architecture that respects the ecology. It is then that he realised that Blockchain technology has the potential to revolutionize the renewable energy industry. 

The team cares about transparency in trade. So, Electrify Network uses PowerChain that will feature a state- of-the-art blockchain based Peer-to-Peer Energy trading platform. Through PowerChain, Electrify Network creates a decentralized marketplace, that offers users the opportunity to trade green energy sourced electricity, on a peer-to-peer basis, and with full transparency and accountability. PowerChain also ensures minimum energy wastage during peak hours. This will insure an easy and affordable access to electricity.

With businesses that constantly try to waste energy resources and take hazardous steps caring least for the environment, it’s a fresh change to see a start-up like Electrify Network that uses trustworthy technologies like Blockchain to ensure the earth is a greener and a better place to live.

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