Energy Value Representation
Wattlet transforms electricity into a digital, tradable asset class through the KWT (Kilowatt Token) model. Each KWT reflects verified retail electricity prices in its respective region, allowing users to hold and trade electricity value in a standardized, transparent way.
1. Digital Expression of Electricity Instead of treating electricity as a consumable service, Wattlet defines it as a measurable financial asset. By linking every KWT to an equivalent retail electricity value, users gain access to real-time energy pricing without relying on intermediaries or centralized billing systems.
2. Market-Based Valuation Electricity prices vary by country and region. Through the Oracle Network, KWT tokens track these differences dynamically — for instance, KWTCN follows China’s verified retail rates, while KWTUK mirrors the UK’s data. This creates a transparent framework for comparing energy value globally.
3. On-Chain Settlement of Energy Value When users trade KWT, the transaction effectively represents the on-chain transfer of electricity value. This mechanism allows Wattlet to bridge digital finance and real-world energy, making energy units (kWh) interchangeable across markets in tokenized form.
4. Transparency and Verification Each KWT variant references a specific data source managed by verified oracles. Historical and real-time electricity price data are accessible directly through the application, enabling users and developers to validate how values are derived.
5. Practical Relevance For individuals, KWT provides a way to track and measure energy cost exposure. For businesses or energy service providers, it offers a standardized accounting tool for energy transactions, useful for audits, sustainability reporting, and cost optimization.
By turning electricity into a transparent and measurable on-chain asset, Wattlet creates the foundation for a unified digital energy economy.
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