Energy Markets
The Energy Mindmap of Hether Coins allows a Smart Home to generate energy from its own or nearby renewable sources. When there is an excess of energy being produced, it is used to mine cryptocurrency on a distributed ledger technology (DLT) network that operates on a proof of work consensus and is optimized with AI algorithms. The cryptocurrency earned from this process is then converted on a decentralized exchange (DEX) and transferred to an eBank. By using these funds, a household can subsequently purchase energy from other sources available on the energy market.