There is no end in sight for the oil industry in its continuing struggle with collapsed barrel prices and the economic uncertainty this places on institutional funds. Is a lasting solution only possible through a fundamental change in the mechanics of the global economy? That at least is the view of The Sun Exchange, a start-up from Africas Silicon Cape technology hub, Cape Town, South Africa.
Now trending on Indiegogo (http://igg.me/at/thesunexchange), The Sun Exchange is developing a crowd-lending and private financial exchange platform that turns global solar energy production into recurring profit for investors, in real time. This revolutionize how individuals and businesses can invest in energy and it provides clean, sustainable and affordable supply of solar energy for the masses. This satisfies rapidly accelerating demands for both electricity and foreign investment in `Rising Africa.
Solar entrepreneur Abraham Cambridge, CEO of The Sun Exchange, explains, Our global financial system has become overly reliant on fossil fuels, such as oil and gas, which is the root cause of global political conflict. Consumers are becoming increasingly aware of this and looking for ways to divest into cleaner and more promising energy sources, such as solar power. Using The Sun Exchange provides a simple and totally transparent way to put your money to work, whilst creating returns competitive to conventional pension and savings funds.
The Sun Exchange uses block-chain technology to enable investors to buy, sell or exchange their solar lending certificates, in order to create liquidity within their market place. The solar assets being traded are distributed around the world, and the result is that the sun is always shining on your investment portfolio. By using smart metering technology, interest is paid in real time. In other words, when the sun shines, the investor earns.
This is not the only innovative real-world application of crypto-currency technology. By accepting Bitcoin, The Sun Exchange ensures that transaction costs do not eat into investment profits no matter where a user is in the world, allowing above market average returns.
To launch their platform and to prove the power of crowd sourcing in financial systems, The Sun Exchange has launched an Indiegogo campaign to raise £10,000. True to the companys philosophies, pledgers are entitled to a range of appropriate rewards such as professional solar assessments, tree planting and they are even offering Pro-User status which grants preferential interest rates when using the platform.
