HoloChain (HOT) has been projected and perceived as a framework for value creation.  Developers have spoken about the challenges they have endured and the wisdom they have gained in the process of building and testing the HoloFuel.

The Quarantine has not prevented the Holochain community from moving further ahead in what they are venturing to do.  The Holochain Community are arranging online Meetup to connect with each other.  Holochain is regularly updating their community, thus sustaining their ecosystem of decentralized apps with distributed user-controlled storage, which is cheaper, faster, and better than blockchain.

Holochain (HOT is working towards being a part of the solution in sustainable energy. Due to centralized control energy, there has been a lot of problems ranging from unfair electricity problems, blackouts, excluding certain geographies and socioeconomic groups form the electric grid, etc.

The numbers of technologies to propagate electricity production are increasing, ranging from solar power, wind power, waste repurposing, and individuals gain the ability to generate their electricity. Despite all this, the community lacks to balance the load and ensure proper energy sharing.

Electricity is sold back to the central authority, which in turn fixes the price.  Anything which they do not use goes a waste. Communities lack resilience when a crisis occurs.  Even if a particular locality has sources of energy, they have to report to the central authority.

Sydney Ifergan, the crypto expert, tweeted:  “The Holochain (HOT) Framework designed perfectly to suit distributed energy mesh systems, a.k.a. Internet of Energy is set to transform the way in which people source, trade, and share energy.”

Holochain (HOT) Validate Energy Production

Holochain (HOT), when compared to other kinds of technologies, can help validate energy production using lightweight cutting edge applications. As opposed to selling energy to energy companies, people will be able to sell energy to each other.  Proof of Concepts (PoC) on Holochain is developed by several hardware and network providers. This is particularly useful in the area of green and renewable energy.

Redgrid first announced using Holochain for energy.  There is an increased interest seen in the community for using similar applications.  The Holochain apps do not require as much of computing power, and these apps will run on even last-mile equipment.

Since Holochain technology makes use of local validation, it is very lightweight through agent control of pricing and data, ground-up approach, resilience, mutual credit currency capabilities, etc.

HoloFuel is the mutual credit currency which is used to represent the hosting power on the network.