AI-powered
podcast player
Listen to all your favourite podcasts with AI-powered features
Ruchir Punjabi shares how his company ReNRG is building a decentralized physical energy network (DePEN) and the world's first energy-backed stablecoin to revolutionize how electricity is bought, sold, and managed.
• Building technology that lets users buy renewable energy from anywhere in the world through blockchain
• Creating an IoT gateway compatible with over 40 types of electrical equipment to enable smart electricity management
• Addressing equity problems in renewable energy by making solar affordable for small businesses in India and Africa
• Developing a crypto SDK that allows developers to build applications on top of electricity infrastructure
• Automating electricity payments and management without requiring users to understand Web3 technology
• Planning to launch in the next 45-60 days with initial focus on solar energy transactions
This episode was recorded through a Descript call on February 25, 2025. Read the blog article and show notes here: https://webdrie.net/why-your-next-utility-bill-might-be-paid-by-a-smart-contract-with-ruchir-punjabi/
Discover RYO: the Web3 payment solution making crypto simple and secure for everyone. Featuring an expansive ecosystem with LIFE Wallet, Global Mall, and Japan’s first licensed Crypto ATM Network, RYO empowers your financial journey. Awarded 'Best Crypto Solution.'