How It Works in EnergoKolo

How It Works

Step-by-Step Process

1. The generator connects their solar plant via a smart meter and Energy Gateway, transmitting accurate energy production data.
2. Production data is published on the blockchain as smart contracts.
3. The generator creates an offer on the EnergoKolo platform to sell surplus energy.
4. Buyers or investors choose available offers and make purchases using the ENKO token.
5. After the transaction, ENKO tokens are credited to the seller, and the buyer gains access to the purchased energy.
6. All transactions are transparent, secure, and available for verification on the blockchain.

Key Benefits

• Transparency and data protection.
• Fair pricing without intermediaries.
• Direct interaction between generators and consumers.
• Fast payment and settlement in ENKO tokens.
• Ability to trade tokens on exchanges in the future.