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Swytch use blockchain to create tokenized incentives for reducing carbon emissions1-10 Employees
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Swytch use blockchain to create tokenized incentives for reducing carbon emissions
Our solution is Swytch, a blockchain based platform that seeks to verify and reward the production of sustainable and renewable energy through the issuance of an ERC20-compliant utility token. By capturing data directly from IOT and smart devices and through market aggregators, Swytch can create
immutable proof of production and dynamically allocate tokens via an open source “oracle”. In doing so, Swytch will serve as a standardized incentive for producers and allow consumers to validate their own sustainable actions. This revolutionary program will address many of the systemic issues in global renewable markets today, including:

• The lack of a global and easily tradable incentive mechanism;

• The inability to efficiently verify and secure production data at the source; and

• The dearth of quality public data on where and how renewable energy is produced
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