BitMart, a premier global digital asset trading platform, will list and debut Smart World Union (SWU) on August 01, 2022. For all BitMart users, the SWU/USDT trading pair will be officially available for trading at 09:00 AM UTC.
What is Smart World Union(SWU)?
Smart World Union has launched the SWU. SWU will be a utility token to be used for payments, purchases for electricity and gas and traceable transactions within the renewable energy industry. The SWU want to use the blockchain to change how we consume energy in a world that is already undergoing an energy transition.
Mission
The goal is to provide complete transparency throughout the entire energy value chain, which includes power generation, transmission, distribution, and consumption. SMART WORLD UNION is the new energy token, aiming to rise to the future challenges of the energy industry and become the first global energy cryptocurrency, i.e.
The Ecosystem of SWU
Energy Marketplace
This future marketplace will be designed for energy purchase and resale operations and will bring together the main players in the sector: producers, wholesalers, operators and, of course, consumers. It will allow the negotiation of spot market sales contracts and the establishment of forward contracts for professionals, which will facilitate the decentralization of their transactions.
For consumers, this innovation offers the possibility to buy energy directly from professionals.
Smart World Union intends to make a significant contribution to solving energy issues. In addition, a certification system for green energy production will be introduced in the marketplace, giving consumers the opportunity to check a producer’s compliance with international standards.
SWU token
The SWU token has been designed to be used in the supply chain of the entire energy sector: electricity, gas, telephony, water and fossil fuels. SWU is a multipurpose, multichain token: it is both a payment tool and a reward token that can circulate on multiple blockchains.
SWU DAO
A DAO as a tool for steering governance. The SWU DAO will be made up of community members who can participate in votes through their SWG governance tokens
About BitMart
BitMart Exchange is a premier global digital assets trading platform with over 9 million users worldwide and ranked among the top crypto exchanges on CoinMarketCap. BitMart currently offers 1000+ trading pairs with one of the lowest trading fees in the market. To learn more about BitMart, visit their Website, follow their Twitter, or join their Telegram for more updated news and promotions. Download BitMart App to trade anytime, anywhere.
About Smart World Union (SWU)
SWU is designed for use along the entire energy chain-from consumers to international spot and wholesale markets. The SWU will validate, record, and chain together billions of energy transactions on the blockchain, including transactions relating to energy production, origin, purchasing, supply chain, distribution, sales, and consumption.
To learn more about Smart World Union (SWU), please visit their Website, follow their Twitter and join their Telegram.
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