Convert Bittwatt BWT to Ocean Protocol OCEAN

Bittwatt is a matchmaking platform that connects all market players (from DSOs to consumers) and provides a standardized blockchain protocol for sharing relevant business information, all the while creating a decentralized service for energy supply, billing and balancing. The Bittwatt Platform is built to make do without useless bureaucracy by syncing consumption metrics and other relevant information within the blockchain. Bittwatt streamlines current-day operations by removing operational costs and transfer fees, all this within an automated workflow that also optimizes energy transfers on an hourly basis: it transforms normal consumers into smart consumers. On top of that, Bittwatt is built with sustainability in mind: as yield on energy is increased through the Bittwatt blockchain for all participants, energy waste and misuse are stamped out. Our platform streamlines demand-response mechanisms in the grid through seamless transactions that aren’t subject to issues of trust – all that thanks to blockchain technology. Bittwatt encapsulates a series of core capabilities that enable scaling around the needs of each brand or each location in its network. With Bittwatt, power plants, suppliers, consumers and other operators can contribute in ensuring energy is no longer wasted. The system also empowers all participants in creating sustainable and environment-friendly energy practices, that don’t compromise on modern-day human comfort.

Ocean Protocol supports blockchain-based trading data between data consumers and individuals. OCEAN tokens function as Ocean Protocol’s governance token.