"Grid+ is developing a hardware and software stack to create a secure Ethereum-enabled gateway and connect Internet-of-Things (IoT) devices. The hardware gateway, or 'smart energy agent', is an Internet-enabled, always-on appliance which will securely store cryptocurrencies and process payments for electricity in real-time, which we refer to in this Whitepaper as 'The Smart Agent'. The Smart Agent will also be able to programmatically buy and sell electricity on behalf of the user and intelligently manage smart loads (e.g. Tesla Powerwall or Nest thermostat). The software stack will work in conjunction with the Smart Agent to make payments, using a combination of Grid+ designed payment-channels and a Raiden network hub (when available). Grid+ is developing a system architecture that allows a typical user to leverage the advantages of cryptocurrencies while remaining unaware of their use. Interestingly, the implementation of a secure, always-on system, with low friction payment rails, provides a missing piece of critical infrastructure in the broader cryptocurrency ecosystem. The Grid+ infrastructure has many uses beyond electricity and will be key to enabling the widespread adoption of cryptocurrencies."
What we don't like:
Grid+ success will rely on its partnerships. Which will be hard to come by in the U.S. where energy companies in the states often have local monopolize, and are deep in the pockets of local politicians. They will be quick to fight a company that wants to give people reduced clean energy prices.
What we like:
The Grid+ concept makes great use of the blockchain. Letting people buy renewable energy on a per use basis at wholesale prices. Grid+ can be used by people who don’t understand cryptocurrency. It can also act as a smart home hub using real time data from the users schedule.