EFFORCE is the first blockchain-based platform that allows everyone to participate and benefit from global energy efficiency projects. In an era where new technologies, new business models and new concepts are emerging, EFFORCE combines blockchain technology and its engineering expertise. When the energy efficiency projects are implemented, the technology of Internet of Things is also applied, and the data of energy savings will be uploaded to the blockchain. Companies benefit from energy efficiency improvements and the resulting energy savings are written into the blockchain. A smart contract redistributes the resulting energy savings to token holders and the companies without intermediaries based on exact consumption/savings data. At the same time, EFFORCE combines blockchain technology with finance instrument. It allows people worldwide to participate in energy efficiency projects through the EFFORCE platform.
