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legend · 2181 days ago · link · · parent · post: Ethereum Energy Project Now Powers 700 Households in 10 Cities
Built on top of the Ethereum blockchain, the Lition market connects consumers directly with energy producers big and small but it only offers in Germany where it is licensed to operate. I don't quite understand the need for a smart contract though: > Once a user finds the energy they want to buy, they make a payment in euros to Lition. Behind the scenes, an ethereum smart contract detects this payment and automatically sends the customer their energy.