Digital Energy Currency (DEC) is a natural gas reserve backed cryptocurrency. DEC operates as a smart off-take agreement (SOTA) to create a digital...
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Sunday December 15, 2024
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$DEC holders carry a digital receipt that proves ownership rights to a certain volume of energy reserves (after being transferred and converted into units of power). The SOTA tokenization process transfers every kilowatt (kW) generated by the volume of energy reserves that is registered on the PermianChain platform into a digital ERC20 token, ensuring that $DEC holders can efficiently buy and sell energy for compute power on a dedicated digital platform.
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