The Digital Energy Currency (DEC) is issued by PermianChain Technologies as the flagship natural resource token (NRT). DEC is currently being utilized as a smart off-take agreement (SOTA) to enable peer-to-peer trading on a decentralized energy exchange for cryptocurrency miners to secure low-cost sustainable electricity from PermianChain’s energy pool. DEC unlocks liquidity to fund sustainable energy projects to power the blockchain economy.
Digital Energy Currency ($DEC) is utilized as a smart off-take agreement (SOTA), designed by PermianChain Technologies to enable P2P trading on a decentralized energy exchange for cryptocurrency miners to secure low-cost sustainable electricity from PermianChain’s energy pool.
$DEC holders carry a digital receipt that proves ownership rights to a certain volume of energy reserves (after being transferred and converted into units of power). The SOTA tokenization process transfers every kilowatt (kW) generated by the volume of energy reserves that is registered on the PermianChain platform into a digital ERC20 token, ensuring that $DEC holders can efficiently buy and sell energy for compute power on a dedicated digital platform.