In 1976, Steve Wozniak founded Apple with Steve Jobs. They started Apple from the garage of Steve Jobs's parents, and the rest is history. But 45 years later, Steve Wozniak starts a new company. And this time a company in greentech and blockchain
. The company is called Efforce.
Efforce is a kind of marketplace for owners of commercial and industrial buildings with which they can finance green projects. Investors can invest by buying tokens that enable these energy-efficient projects to get off the ground. A smart contract on the blockchain distributes the savings among the token holders. No intermediaries are needed who do this on the basis of consumption and savings data.
Wozniak states that:
Energy consumption and CO2 emissions have grown exponentially worldwide, leading to climate change and extreme consequences for our environment.
According to Wozniak, we can improve our carbon footprint and lower our energy consumption without having to change our habits. Energy
improvements would be the solution for this.
With Efforce, Wozniak aims to be the first decentralized platform that enables people to participate in green projects and then benefit financially. In this way people are rewarded for investing in green projects.
However, Wozniak does not do this alone. Jacopo Visetti is project leader and co-founder of Efforce. In a statement, he reported that many small businesses are struggling today. “They cannot afford to switch to LED lighting, streamline production processes or even isolate their buildings to save energy costs. However, this can actually save a lot of money for them in the long run,” says Visetti.
According to Visetti, business owners can use Efforce to register their green project securely on the internet and have it financed. Because it uses smart contracts, investors can confidently make an investment.