A Solar Company was distributing Solar materials to the Households and collecting Electricity from the Households by using materials. From the collected Electricity, they sold them to the Government or Industries. So, Company wants to give a reward for the Households based on the Units they generated. For this purpose, they wanted to create a Tokens to give a reward for their Clients and that tokens can be redeemed into Fiat or other Cryptos.
The entire process needs to be done on the Blockchain Smart Contract and although it could be easily understandable for the people who don't even know about the Cryptocurrency and Blockchain concepts
As we have an extensive experience in Creating Tokens on various Networks, we have created Token on ERC20 Standard and for issuing rewards we have created a Platform, where we have integrated some calculation for issuing tokens automatically to the users based on the Units they generated.
And also we have given a provision in the platform, where User can check their Rewards and also they can easily convert them into Fiat or cryptos.
- Blockchain Network - ETH
- Token Creation - ERC20
- Smart Contract - Solidity
- Platform - MEAN STACK
By utilizing this method, the company has increased its Sales on selling Solar Materials and also they have collected more electricity from households to sell 3rd parties.