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Web3.0 Meets Green Energy in South Africa: GreenPower Network's Vision for a Sustainable Future

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Thu, 13/04/2023 - 6:45
Web3.0 Meets Green Energy in South Africa: GreenPower Network's Vision for a Sustainable Future
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Following successful appearances at high-profile events including the Consumer Electronics Show, South Africa Electric Festival, ETH Denver and the Hong Kong Web3 Festival, the Web3.0 infrastructure GreenPower Network has announced new partnerships with leading power hardware company Immotor and South African battery swap provider Valternative. With its expertise in binding power devices to digital identities, GreenPower Network is actively seeking further partnerships to realize its vision of building the next generation GreenPower ecosystem.

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Why start with South Africa? Co-Founder Daniel cites South Africa's energy crisis as one of the key reasons for the company's decision to focus on the region. "We see a potential market, but also a social responsibility," he says. "GreenPower Network's technical strength in constructing a distributed power network can bring real change to people suffering from electricity shortages." GreenPower Network’s global rollout experience and proven blockchain - hardware integration technology has been implemented and tested on hundreds of thousands of devices. 

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Daniel says: “The next generation GreenPower ecosystem will encompass decentralized governance and global investment, a distributed power network, GreenPower Payment, carbon credits and carbon offsets. We have partnered with Valternative, a pioneering battery swap company in South Africa, and we are currently in negotiations with Uber to develop a distributed delivery system there too. We are approaching our goal.”

In the Web3.0 space, the company just launched its App v1.0 with a core feature called "Charge to Earn", which allows users to earn digital assets while charging their phones. "This is the first phase of our decentralized green energy investment and governance system," Daniel explains. "Our users will also benefit from the expansion of the whole ecosystem, and the digital assets they obtain will be used to pay for distributed electricity in the near future."

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Industry analysts note that Web3.0 projects focused on green energy and carbon credits remain popular in the current market. GreenPower Network's focus on collaborating with hardware brands during the early stages of business development provides it with a significant advantage in the emerging Web3.0 market. The company's next steps will be closely watched by industry experts and investors alike.

About GreenPower Network

GreenPower Network is a Web3.0 infrastructure that enables seamless binding of power devices and tracking of power data through GreenPower digital identities. By leveraging global business resources, we empower billions of users to build the next generation GreenPower ecosystem. 

For more information, please visit www.greenpowern.com.

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    GreenPower Network
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