Blockchain technology continues to push boundaries, with Slovenian tech company SunContract recently introducing a non-fungible token (NFT) marketplace for solar panels, according to a report from SeeNews.
The grand reveal for the marketplace took place at Crypto Expo Europe 2024 in Bucharest, Romania. The initial set of NFTs, which represent individual solar panels from a power station in Visnje, Slovenia, were snapped up immediately on the day of the launch, according to SunContract.
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SunContract is leading the creation of an international energy trading platform powered by blockchain. This groundbreaking solution could do away with the middlemen in transactions between buyers and sellers.
The platform's launch reflects a nexus of renewable energy and blockchain technology. It also demonstrates a promising avenue for those interested in backing and investing in renewable energy initiatives.
Investors in the tech and crypto sectors may look into startup crowdfunding as a medium to invest in and support these innovative technological ventures.
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