Irene - Smith + Crown


Irene Energy is a renewable electricity supplier and P2P marketplace built on AI and the Stellar blockchain, aiming to disintermediate the energy supply chain and the consumer/producer relationship. The Stellar architecture enables low-cost micropayments, and full KYC/AML requirements for all network transactions. Households that produce energy in excess of consumption, prosumers, can sell the excess directly to other customers on the Irene marketplace. The Tellus token will be used as a means of payment for energy services, with prices denominated in the local fiat currency.