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Simmitri

Platform Utilises Smart Contracts

The platform utilizes smart contracts on the Ethereum blockchain to increase transparency and AI automation. As the blockchain is used for storing information about the user and household electricity usage per device, it will also execute parameters and initiate various gamification actions based on performance, allowing users to instantly earn a respectable income and exchange their SIM Tokens into fiat currency instantly from your debit card.

2.3
1 0 expert ratings
Benchy 2.3
KYC
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Unknown
Token
SIM
Type
Platform
Country
USA
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About Simmitri

SIM is the energy economy built for the future. Born within an elite solar company now known as Simmitri (simmitri.com), with the mission to restore a “balance of power” and continue building on their strong community relationships as we move forward into the 21 st century.

SIM is the economic bridge that will fast track such relationship, providing a self-sufficient and decentralized network powered by artificial intelligence (AI), communicated through Internet of Things (IoT) and audited by blockchain technology. SIM is the cryptocurrency token generated from within our “SimBox”, built to balance power between the consumer, prosumer, innovators and utilities. Each device acts as a node in our network - which we call the Energy of Things - whereas SIM provides the currency that will compensate users based on enhancing building performance.

The energy conservation efforts inside the building generates negative kilowatt hours “Negawatts” that convert to an automatic output of SIM tokens that can be used for your economic benefit. You can program the SimBox to alert for manual control, or the built-in AI software can automatically address your energy conservation needs while you focus on the finer things in life. Either way, SIM provides the consumer and prosumer with the incentive to reduce individual energy consumption, distribute to those who are in need and lighten the footprint we all stamp on Mother Nature

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