RenW is a form of financial instrument that enables individuals or groups to invest in renewable energy projects, such as wind or solar farms. It operates on an Ethereum-based platform, which provides security and decentralization. This platform has the added advantage of being open to anyone, ranging from private entities developing large-scale energy farms to personal energy farms where friends and family can invest.
For instance, suppose you are establishing a small solar farm worth INR 30,000. To raise capital, you can create five shares valued at INR 5,000 each and list them on the blockchain. Prospective investors can purchase these shares, which fluctuate in value based on factors like time of day, overall market outlook, and buy-sell ratios. This makes renewable energy more accessible to the masses, thereby accelerating its adoption. It also offers people an attractive investment opportunity to invest their capital.
- Ethereum blockchain
- Truffle Stack
- Python
Use the package manager pip to install python dependancies.
git clone [email protected]:sainishwanth/RenW-Blockchain.git
cd RenW-Blockchain
pip install -r requirements.txt
- web3>=6.2.0
- beautifulsoup4>=4.12.2
- npm
We, SEGFAULT, declare that the "RenW-Powering a sustainable future, one blockchain at a time" project is entirely our own work. We have conducted this project honestly and honestly and have not plagiarized any material. We confirm that no previous work has been submitted for any academic or non-academic purpose.
We have cited and acknowledged all sources of information that we have used in this project. We understand that academic dishonesty is a serious offense, and we take full responsibility for the originality and authenticity of this project.
Team SegFault