We agree with this GTM article that utilities and grid operators need access to real-time distributed energy resource (DER) data. A solution we propose is structuring DER data into DER asset registries. 3-Step Process:
It’s the idea of tokenizing software licenses created by Scott Nelson, Founder and CEO of Sweetbridge, Inc., that was developed w/ support from Michael Zargham and Alexander Bulkin. It’s a token model that works with a software-as-a-service (SaaS) business. Ref the following excerpts from Sweetbridge’s whitepaper:
"The use of a discount token unburdens the token from the role of currency and allows it to function directly as a software license; the mechanics of the token revolve around use and thus drive rather than get driven by the market price."
"In brief, discount tokens are digital assets that give their holders a limited right to receive discounts on purchases of products or services from an organization – a company, a coop, or a blockchain network."
"Discount tokens provide their holders access to the network and allow early users to benefit from the network effects generated as the product gains traction. Here, for every dollar spent by early participants, the discounts realized later in the network’s lifetime grow if the network utilization grows."
Whitepaper: https://sweetbridge.com/whitepaper (Titled: Raising Social Capital: Tokenizing a Customer-Driven Business)
As presented, 'cryptoassets' are comprised of (3) categories: Cryptocurrencies, cryptocommodities and cryptotokens.
2018 will bring a vast degree of innovation around ‘blockchain convergence’. The video below is an example of the type of blockchain convergence we'll see in the New Year:
Mobility-as-a-service (ridesharing + leasing)
Micro-payments using escrow contracts
Smart contract enabled instant remittance to multiple parties (vehicle owner, insurance, toll road, etc.) Powerful!
Carport or rooftop solar PV (distributed energy resources (DERs))
Note how many industries are involved, remarkable! (energy, transportation, finance, insurance, gov’t, IT)
The beauty of this product is that the consumer will interact w/ it using an app, and the blockchain transactions and fees will be behind the scenes just like internet protocols are today.
"We can make money that acts like a computer game...We can program economies and businesses such that when you play the game, you make money". Welcome to the new world of cryptoeconomics, mechanism design, and game theory. This will resonate with the future generations. This video is exciting to see kids have "aha moments" with blockchain.