internet-of-energy-network logo download PNG or SVG

Information about internet-of-energy-network

The IOE Network is a protocol and standard that enables the connection and exchange of value between energy devices, users, and markets. It operates as an interconnected system of minigrids that facilitate transactions within and between these minigrids, from appliance usage to storage and generation of energy. This system transforms grids into intelligent cooperative networks, where devices adjust their behavior based on local grid needs and individual preferences, driven by economic incentives. The network is supported by two currency layers, with IOEN as the top layer currency used for staking to provide liquidity and governance over transactions within local minigrids. These local transaction systems are built on the Holochain platform, benefiting from its privacy, scalability, and efficiency. The IOEN Protocol is open source and aims to unlock the potential of clean energy minigrids globally, accelerating the transition towards clean energy infrastructure using blockchain and Holochain technologies.

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