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comment by legend
legend  ·  2184 days ago  ·  link  ·    ·  parent  ·  post: Ethereum Energy Project Now Powers 700 Households in 10 Cities

Built on top of the Ethereum blockchain, the Lition market connects consumers directly with energy producers big and small but it only offers in Germany where it is licensed to operate.

I don't quite understand the need for a smart contract though:

> Once a user finds the energy they want to buy, they make a payment in euros to Lition. Behind the scenes, an ethereum smart contract detects this payment and automatically sends the customer their energy.





kleinbl00  ·  2184 days ago  ·  link  ·  

It's a front-end. Theoretically if you were set up with Mist and IOT-shit on your junction box you could negotiate directly on the blockchain. You're not, though, so you've got a website that does the hand-wavey interactions with the blockchain.