Trending CEoT
Many years ago David Cameron, the former Prime Minister of the UK (of all people) tried but failed to get UK Citizens to share their energy data with each other to encourage some vanity and pride over the use of green energy and savings using smart technologies, even before IoT gained traction and became a multi-billion pound market sector [12] . CEoT may be able to succeed where this British Government’s vision failed. CEoT will empower regular people to have a clear visual of the carbon rating of the products we consume. Which can easily be compared to community averages to see if you are underperforming or overachieving based on the carbon labels of the Things you purchase, without actually disclosing your purchases. Furthermore CEoT-Ready items act as a simple points system, whereby the number of CEoT points (cryptocurrency tokens/coins) supplied with the item at the Point of Sale (PoS), and equate in volume to the Carbon Label reading, instead of the R.R.P of an item, which serve as a sort of shares certificate, generating royalties which can be exchanged for other crypto or fiat currencies.