The collaboration between an Australian blockchain company and a residential construction company creates innovative residential complexes that make use of blockchain technology. More and more project developers are considering the aspect of a cost-saving and low-emission energy supply in their designs. The new residential complexes in Perth are powered by 100% renewable energy and have their own integrated power grid. A platform monitors the energy consumption and transactions of the individual households, so that it is possible for them to reduce their daily energy costs.
In addition, the residential complexes can sell excess energy to other households and thus get the most out of the solar energy generated. This monetization creates a new source of income and reduces dependence on fossil fuels.