Whitepapers SunContract White Paper Explained Summary

SunContract White Paper Explained Summary

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SunContract White Paper

Summary:

1. SunContract is a platform that directly connects electricity producers and consumers into an electricity pool based on smart contracts.

2. The blockchain technology is used to provide a trustless and peer-to-peer energy trading system.

3. SunContract’s vision is to support a global self-sufficient energy community based on renewable energy and peer-to-peer energy trading.

4. The SunContract white paper provides an overview of the philosophy behind the project, the problem it is trying to solve and the solution proposed.

Explained – SunContract White Paper. Learn in depth about differnet coins on the blockchain by understanding whitepapers.

There is a lot to learn about this futuristic tech, lets get started to dive into the SunContract white paper and start to leverage it to build a more secure and trusted ecosystem for Industry 4.0 applications.

We will deep dive into how the coin works by understanding the whitepaper and its summary. SunContract (SNC).

Lets understand SunContract (SNC) after going through the SunContract white paper.

Without wasting any further time lets get started to dive right in and lets understand white paper first.

What is white paper?

A white paper is an informational, influential, well-structured document, usually published by an organization, to provide in-depth information about a specific solution.

A white paper is used to provide a good insight into the challenges for a specific problem and a proposed solution for the same.

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SunContract White Paper

SunContract white paper will be going to provide you, all the information that is needed to get started with SunContract (SNC), including the inspiration for creating, the problem it is trying to solve and the solution proposed by SunContract (SNC).

Abstract

SunContract disrupts the energy sector with a new business model, supported by the blockchain technology. Blockchain takes over the role of the middle man as a technology infrastructure, which can be trusted by default since any and all transactions on the blockchain are peerto-peer reviewable.

SunContract is a platform that directly connects electricity producers and consumers into an electricity pool based on smart contracts, which is a new, exciting and positive approach toward peer to peer electricity trading. SunContracts vision is to support a global self-sufficient energy community based on renewable energy and peer-to-peer energy trading based on the blockchain and smart contracts. By creating such an ecosystem, SunContract would like to contribute to greater independence when it comes to energy.

White Paper Link: SunContract (SNC) White Paper

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