AUSTIN, Texas, Oct. 11, 2018 /PRNewswire/ -- Blockchain-based
clean energy incentive Swytch and Ben.co, the easiest way to learn
about, buy and store cryptocurrencies, today announced a
partnership to enable effortless adoption of the Swytch token
(SET).
In addition to providing Swytch token holders with a mobile
wallet to hold their digital assets, the Ben.co platform will also
provide tailored lessons about the Swytch token and its benefits
and uses.
The partnership taps the Ben.co Platform API, which enhances the
relationship between Swytch and its users. Swytch's innovative
blockchain-based solution tracks and verifies the impact of
sustainability efforts and actions on the worldwide level of CO2
emissions. The Ben.co Platform API enables Swytch to easily engage
with and educate users, provide wallets to users and initiate
airdrops and transfers of tokens.
Swytch leverages smart meter and blockchain technology to reward
the companies and people who reduce carbon emissions the most. At
the core of the Swytch solution is an open-source "Oracle" that
uses artificial intelligence and machine learning to determine how
much carbon is being displaced and therefore how many Swytch tokens
to award. As a result, producers of renewable energy create Swytch
tokens by generating solar, wind and other forms of renewable
energy.
"At Ben.co, we are on a mission to drive mass adoption to the
extraordinary use cases behind cryptocurrency," said Miguel Kudry, co-founder and CEO of Ben.co. "The
Swytch team is working on a prominent solution to many of the
pressing issues facing the renewable energy sector and we look
forward to helping drive innovation and collaboration in this
space."
New cryptocurrency users often face complicated onboarding
processes before they are able to start obtaining tokens. Ben's
platform focuses on the customer experience, essentially acting as
a mobile assistant to help users easily receive, store and learn
about cryptocurrencies and stay up to date on the latest company
developments.
"This partnership will be valuable for us to reach our goal of
mass adoption of the Swytch token and consequently bring the world
one step closer to running on 100 percent renewable energy," said
Evan Caron, co-founder and managing
director of Swytch. "The Ben.co platform will provide us the means
to create a streamlined user experience and keep our users engaged
during the evolution of our project."
To stay up to date with the latest developments from the Swytch
team, follow Swytch on Telegram, Medium, Twitter and
Youtube.
About Swytch
Austin-based Swytch is a blockchain platform
that empowers people, cities and countries to reach their renewable
energy goals. Swytch operates by continuously capturing
real-time data from smart devices, creating verifiable digital
assets that serve as proof of energy production and valuing future
energy based on historical and predictive values. This creates
smarter more intelligent energy grids that will move to make more
informed decisions about investments, policies and efficient
outcomes. For more information, visit Swytch.io or
follow Swytch
on Telegram, Medium and Twitter.
All registered or unregistered trademarks are the sole
property of their respective owners.
Media Contact:
Jennifer
Hansen
FortyThree, Inc. for Swytch
+1.831.401.3175
Swytch@43pr.com
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SOURCE Swytch