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What is Swytch
Swytch is a blockchain-based application that aims to verify and reward the production of renewable energy through the issuance of an ERC20-compliant utility token - SET. Swytch tokens can be produced anywhere electricity can be produced and expended from both small residential and large-scale industrial power infrastructures. Moreover, Swytch token generated, traded, and transferred will accelerate investments and adoption of renewable and sustainable technologies by rewarding production and providing a platform through which those rewards can be monetized and re-invested. Energy production is authenticated using Swytch's Production protocol which solves the problems inherent with PoW and PoS.
Swytch ecosystem is built on four main elements. The first is the Swytch mobile application which acts as a token wallet, allows users to determine their power generation and revenue potential and applies for an advance to purchase and set up their own modular/expandable solar unit. The second piece of the Swytch platform is nodes enabling integration with IoT devices to capture energy production data from the equipment. Third element of the Swytch ecosystem, is the Oracle - an open-source algorithm that calculates Swytch token allocations based on the impact that a given unit of energy has on offsetting carbon pollution and emission. Finally, verified installers will confirm system design and receive rewards for accuracy.
Token Commons Foundation formation Initial Funding Swytch Development partnerships and technology development
Core technology partnerships Design and Build Proof of Concept, Dashboard, data estimator and Pilots
Germany Energy aggregation pilot completion · Additional fundraising round complete · Core technology development, IOT security, and team growth.
Complete additional POC's with partner cities · Oracle AI refinement for DACM (Adaptive Module) · Oracle Consortium development.
Pro-consumer residential token generation pilots · Oracle open source · International Partnerships growth and scale.
Q1 2019 And Beyond
Trusted IOT device protocol integration · Government and corporate engagement.
Cofounder and Managing Director
Cofounder and Head of Token Innovation
VP of Business Development
Director of Product and Lead Blockchain Developer
Senior Fullstack Developer
Director of Compliance and Governance
Senior Full Stack Developer
Lead UX Designer
MIT Media Lab – Director, City Sciences
Stanford University – Clean Energy Expert
CTO, Black and Veatch
Principal, Maker City Project
Technical Director, MIT Internet Trust Consortium
CEO, Maker City Project
Visiting Research Fellow at Autodesk, Senior Advisor at BCG, Co-Author, Trillions
Venture Partner, Distributed Network Advisors
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