The SunExchange partners with the ElectriCChain SolarCoin blockchain project

The SunExchange partners with the ElectriCChain SolarCoin blockchain project

 TheSunExchange joins the ElectriCChain Solar Energy Blockchain Incubator to offer an additional reward to its monitored and crowdfunded solar owners: the SolarCoin Digital AssetCape Town, South Africa – July 31st, 2016 – TheSunExchange (www.thesunexchange.com), a South African solar energy company, specialized in the crowdfunding of solar installations with the innovative Bitcoin currency rail continues to innovate and contribute even more towards the implementation of solar energy in the world: TheSunExchange integrates the ElectriCChain project, following Lumo-France and Smappee.SolarCoin as a reward for producing solar powerElectriCChain is an Open Science project based on blockchain technology. Originally intended to verify and publish near real-time production data of some 7 million solar plants, it is designed to help advance knowledge and enable Climate Change analysis for scientists and researchers and has recently published the first nodeon the SolarCoin blockchain, the ElectriCChain.SolarCoin was developed with blockchain technology to create an additional reward for solar electricity producers. Solar installation owners registering energy production with the SolarCoin network receive one SolarCoin for each MWh of solar electricity that they produce.This Digital Asset lets solar electricity producers receive an additional reward for their contribution to the energy transition, which will develop itself through network effect.TheSunExchange is a SolarCoin pioneer in the Bitcoin spaceAfter Lumo-France, Smappee and Solarly, TheSunExchange joins SolarCoin in its mission to reward solar owners. TheSunExchange is the first solar company worldwide to crowd fund solar installations with Bitcoin. In effect, anybody in the world can invest in a solar installation using the Bitcoin protocol and Digital currency and thereby financing a solar installation. TheSunExchange joins the SolarCoin network and will be integrating the SolarCoin digital asset directly onto its crowdfunding platform to allow people who have financed a solar installation using TheSunExchange platform, hence helping growing the SolarCoin ecosystem.ABOUT THESUNEXCHANGETheSunExchange is a solar crowdfunding company which has been a pioneer in solar energy in using Bitcoin to finance its solar installations. TheSunExchange developers have allowed for financing of several solar installations in South Africa and the model is to be expanded worldwide. “Today, with the TheSunExchange joining the ElectriCChain and SolarCoin, we believe that anybody can invest in a solar installation, using the Bitcoin protocol and additionally receiving SolarCoin as an incentive to do so. We believe that solar energy installations should be crowdfunded at every level and TheSunExchange enables anybody to participate in the financing of such systems”.https://www.thesunExchange.comABOUT ELECTRICCHAINElectriCChain is an Andorran Non Profit which aims to accelerate blockchain technologies in the solar photovoltaic industry. ElectriCChain is specifically working on the integration of SolarCoin, a Digital Asset designed to incentivize the production of renewable energy. SolarCoin is freely distributed to any owner of a solar installation at the rate of 1SLR per MWh of solar energy. Participating in the SolarCoin program can be done online, directly on the www.solarcoin.org website. More than 85.000MWh of solar energy have been incentivized through SolarCoin across 21 countries. ElectriCChain develops solar-blockchain data loggers for solar installations.https://www.electricchain.org