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Grid+ Coin

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Grid+ Coin Review

When investing in virtual currency, you need to do your research. We provide you with reviews of each world top cryptocurrency out there, so that you can find the best crypto coins to invest in for you. This review of Grid+ Coin consists of three chapters: origin, technology and pros & cons.

Origin

While the investors always keep an eye open for the best virtual currency to invest in, hard-hitting ideas bubble up each day. Grid+ Coin is one of those cutting edge concepts.

Alex Miller, Karl Kreder and Mark DAgostino launched it in 2015, at ConsenSys.

Technology

Grid+ is an Ethereum-based blockchain energy solution. The aim is to bring together the latest technology to chop reduce your electricity bill with a considerable amount. It is easy to set up and the following is required:

  • A “smart meter”
  • Wi-fi internet
  • A smart Grid+ agent
  • A “smart phone”

The smart agent helps to market your distributed energy resources thus letting you buy and/or sell electricity. You have to download the Grid+ application in order to do this. It lists your usage and payments. Also, it contains ways to slash down your energy usage. Grid+ connects to the smart meter through a secure wireless connection. The agent converts you to the cheapest energy solution lowering the usage, automatically. Also, it turns off electric devices at high pricing time thus making the grid greener and efficient. There is an easy arrangement of payments that is hidden behind blockchain technology.

Pros

  • Can revolutionize the electricity industry and enable efficient markets
  • Low variable costs
  • Elimination of bad debts
  • Low marketing costs
  • A greener energy solution

Cons

We have not identified any obvious cons with Grid+ Coin.

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If you have concluded that this is the coin for you, congratulations! This platform offers trading in Grid+ Coin.

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