CEO D. Energy is “making fresh electricity the New Currency of the Digital World.”

According to distributed trading app D. Energy, bitcoin has a crucial role to play in the transition to renewable energy.

CEO Shafi Rafi of Rug Radio stated on FOMO Hour that the company’s guiding principle is “making fresh power the new currency of the modern world.”

A special” Proof of Energy” consensus consensus mechanism allows validators to purchase and stake tokenized renewable energy certificates ( RECs ), which represent a certain amount of energy that comes from renewable sources.

That makes D. Energy” the second L1 that is powered by an NFT in the form of a real world asset,” Rafi said. Redeeming RECs quickly makes up for its energy consumption at a ratio of 1000:1, supporting green generation.

According to Rafi, this “inverted miners” method offsets the show’s energy consumption. He explained that the “regenerative system” that creates the “regenerative system” is” not only Net Zero; we’re actually adding fresh energy to the environment” offsets 1, 000 megawatt periods of energy used by our network.

He claimed that the goal is to “democratize power,” creating a “peer-to-peer, global, “energy-backed market” where wallets you business and stake clean energy using the network’s WATT token, which will be available for public viewing and events in the near future.

Geographic restrictions are present in the current “archaic, obsolete” energy market, Rafi explained. Only UK companies likely purchase locally produced certificates while only the U.S. companies buy green energy certificates. In D. Energy’s global ecosystem,” someone sat in Dubai can get U.S. credentials,” he said, adding that” they can play it or they can get it for guesswork.”

D. Energy, in contrast to some blockchain projects, has a clear apply case in mind right away, Rafi said. The majority of bitcoin layer-1s build the code, and they typically measure their performance using TPS or adaptability. When they deploy and start, they begin to search for use cases and services.

In contrast, D. Energy has a “natively built-in apply case,” which enables pockets to directly conduct peer-to-peer trading of clean energy, Rafi said. However, the project has bigger goals: to encourage other industries to produce clean electricity by offering” easy, one-click energy offsetting to the general public and companies.”

Rafi envisions an ecosystem of decentralized applications ( dapps ) built atop the D. Energy chain itself, creating a non-extractive system that benefits the environment, while other blockchains, too, will be able to access D. Energy’s offsetting system.

According to him,” the whole idea is to make the basis coating of our blockchain clean energy,” adding that “everything is being energized, so the foundation of value in a modern world should be clear energy.”