First of all, we can start by explaining what we are talking about if we name a decentralized energy.

For this, it is important to start incorporating the concept and researching it because it is probably the solution we all have to be involved in to build an accessible, transparent, and efficient future for us and the next generations.

This decentralized system seeks to help the process of improving and solving the problem that is surrounding us at all times: climate change. It also aims to move towards incorporating completely renewable energy. 

How does it differ from the traditional one? 

There are many differences, but it has the transparency of giving individuals freedom of use and consumption, with a decentralized system that improves our life in society. Consumers historically had no control over the use or consumption of our own energy.

Decentralizing it generates precisely that control for each individual.

About Decentralized Finance 

Decentralized Finance, also a promising system for use by an entire society, is the set of financial smart contracts, decentralized applications (DApps) and protocols built on blockchain's such as Ethereum. 

Smart contracts allow assets to be transacted securely.

The intention of this is to dispense with intermediaries and be able to have full control of our transactions to be able to perform any of the financial services that previously needed a bank or third party to audit or verify movements, thus, allowing everyone to have access to financial services and be able to independently control their financial well-being. 

As a result, this reduces fees and makes transactions faster than traditional methods. Obviously, this information is not disseminated in the mainstream media because it is not convenient for financial institutions to stop being intermediaries and for individuals to have full control of their finances and transactions. 

These same concepts of transparency, independence and individual control must also be applied to another of the most important sectors for our consumption: the energy sector.

Because it would be useless to have all the financial freedom and accessibility, if we are still forced to buy traditional and polluting energy through intermediaries using an inefficient power structure.

If we think of a world with decentralized financial solutions, why wouldn't we also apply it to such an indispensable resource as energy? With the right technology and policies, decentralized energy can become the ideal way to power and re-signify the global economy.

There is undoubtedly much to do and things to unlearn, we are moving towards a new sustainable future and social coexistence with conscience. 

Decentralized energy incorporates the use of DApps and smart contracts on Ethereum to transact and trade energy assets. This allows consumers to know exactly where their energy comes from, how it is produced and how much they are consuming.

Thanks to smart contracts and blockchain technology, as in decentralized finance, unnecessary middlemen are eliminated; this allows green energy to be accessible, producers to earn higher returns, and sustainable and renewable energy to be promoted.

These systems are growing at an unthinkable pace. Together and integrated, they only make the world we want to live in accessible, efficient and transparent.

The advances that are taking place in both the financial and energy sectors are generating a radical change in social consumption, a necessary awareness for the environment and a promising change for all the pollution that has accumulated on the planet. 

At Greeneum we offer project finance and blockchain services. We will be holding an event called Defi Energy Apps to tell how DeFi is used in the energy world and see how it can be improved and applied as a lifestyle. Do you know or have a project that needs our support?

Visit our website and become an active participant in this change.

https://www.greeneum.net/