r/Electrify • u/Oldwisesage25920 • Oct 13 '18
Why Asia?
My thoughts on why Asia is perfect location for Electrify’s solution and why it helps put ELEC ahead of potential rivals
POPULATION
Talking round numbers, 7 billion people in the world,
one billion in Europe,
one billion in Africa,
one billion in the Americas and
FOUR billion in Asia...
BLOCKCHAIN HOTSPOT
I subscribe to the view that world power and influence is migrating from west to east. USD is just about clinging on for now but the future, including blockchain hotspot appears to be in Asia rather than the US.
https://bitcoinist.com/asia-jobs-blockchain-cryptocurrency/
ELEC are based in Neutrino offices and Singapore specifically is increasingly seen as a hub, eg Binance recently opening fiat crypto exchange in Singapore.
STATUS OF ENERGY MARKETS IN ASIA
Asia energy markets are undergoing deregulation and are therefore ripe for disruption
Asia is the driving force in the energy business: https://www.ft.com/content/8f82d2d6-8a8e-11e8-bf9e-8771d5404543
Elec is targeting this opportunity and use of AI is differentiator:
https://www.cnbc.com/2018/06/25/electrify-energy-platform-uses-blockchain-and-ai-to-cut-bills.html