Blockmate Ventures Inc (TSX-V: MATE) has partnered with renewable energy specialist Sunified Group BV to introduce the world’s first solar token, designed to facilitate solar development and optimization within a blockchain framework.
The technology is built upon Sunified’s patented solar UNITY sensors, enabling the measurement, tokenization, and sale of solar energy. This innovative approach is expected to result in maintenance savings and efficiency gains of over 6%.
Sunified’s sensors collect and manage data from solar panels, addressing industry blind spots and significantly increasing yield while creating new revenue streams from data and digital offtakes. The company’s Web3 protocol encrypts, enriches, and stores solar production data sets in a blockchain ledger for immutability, enhancing the decision-making process.
The platform’s data can be utilized for various purposes, such as governing proof of origin for carbon credits, tracking solar panel lifecycle from manufacture to installation, and verifying equipment claims for insurance companies.
Justin Rosenberg, CEO of Blockmate Ventures, expressed excitement about the partnership with Sunified and the opportunity to list the solar token. He highlighted the transformative potential of Sunified’s technology in democratizing solar energy and providing end-to-end solutions for solar farm developers.
Blockmate Ventures is a Web3 incubator and enterprise creator focused on supporting start-ups utilizing blockchain technology and decentralization. The company provides resources and guidance to early-stage ventures to help them become self-sustaining entities with access to external capital.
Sunified Group is collaborating with the European Union’s advocacy group 2Tokens Foundation to expand and drive market channels. The company’s mission is to promote 24/7 carbon-free energy utilization and enable the tagging of green energies for green molecule production.
