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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/

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