Orbit to use Ethereum blockchain to buy and sell solar power
Orbit, a new commercialized renewable energy company, announced that it will use the Ethereum blockchain to allow everyday people to get involved in buying and selling solar power.
According to reports, special ORBT tokens will be distributed and used to make these purchases and sales.
Given the fact that the transactions will take place utilizing the Ethereum blockchain, they will also be completely anonymous.
The Orbit Network is focused on the commercialization of renewable energy, including generators and solar cells for commercial and residential use.
The idea is ORBT token’s value will be supported due to people buying and selling the products and services that Orbit offers. This offers a ‘safety net’ to investors in the Orbit marketplace, even if the tokens value were to drop in the future.
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