ENERGY AS THE CURRENCY OF THE FUTURE

Energy is a profoundly intricate concept, commonly perceived as electricity, heat, or the fuels enabling our mobility. However, let's broaden our perspective. Indirectly, it accompanies us throughout our entire lives. Every product or service we use daily consumes energy in its creation, making it an indispensable cost factor in every aspect of life. Its price and availability influence the value of everything, being a significant factor in inflation and a component of overall worth.

The ECM ecosystem proposes a shift in perceiving energy from an economic standpoint. Through the application of blockchain technology and digital tokens, each of us can, instead of paying for perpetually consumed energy, incur the cost of purchasing the capacity to generate it. Consider how the perception of its cost will change when we ourselves are the producers. The digitization of energy value opens up new possibilities, turning it into a means of payment.

Modern currencies are often tied to some commodity, such as gold or crude oil. In ECM, energy serves as a payment tool, anchored to the universally applicable kWh, independent of the region or energy carrier. By complementing the token (EC) with a nominal value representing the contained energy, it can aspire to a global settlement value, thus creating a new market – the power market – with all its classical macro and microeconomic attributes.