Rowan Energy Blockchain (RWN)

Rowan Energy is the world’s first community-supported green energy blockchain. Based on the low powered POA consensus mechanism, which uses certificates to authorise transactions rather than utilising traditional energy-hungry mining. We have built a series of Energy focused apps that bring the Energy Market into the 21st Century, decentralising and digitising a traditionally archaic industry.

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What is Rowan Energy Blockchain

THE VISION

Our blockchain holds the key to moving away from shareholder driven energy providers and allowing everyday people the opportunity to take responsibility for their own energy consumption. Our platform enables owners of rooop solar to sell their energy to other consumers peer to peer. Not only increasing rewards for generating your own energy but speeding up the payment terms to almost instant.

Imagine this if you will. You have solar panels on your roof and they are fitted with a battery and a small low powered Rowan Miner. You produce electricity, you use some and the rest is stored in your battery. Excess energy is then fed onto the grid when the demand is high. Your fed energy is bought by your neighbour and paid for using tokens directly into your wallet. That token can then be used towards your energy bill, it can be held for future growth or sold on a public exchange – instantly. The token can even be donated to your favourite charity if you so wish. The consumer of your energy can look at their dashboard and see where the energy they are using is being produced how it’s being produced. Everyone in this vision also gets rewards for validating the transactions using their Rowan Miner.

Rowan Blockchain

Our custom-built blockchain is its stand-alone blockchain, complete with block explorer, miners wallets and our RWN token. All transactions on our blockchain use RWN for transaction fees. The Rowan Energy Blockchain is a Proof of Authority blockchain allowing hundreds of transactions a second with a fraction of the carbon footprint.

THE PROBLEM(S)

OUR SOLUTION(S)

Rowan Energy will not make money from the sale of electricity directly. We will charge a transaction fee per transaction be it between prosumer and consumer using our peer to peer trading platform, or between energy companies and businesses transferring certificates between themselves. This drives demand for the token and is a scalable as the business grows.