NAD Grid is an energy-blockchain technology company offering a transactive energy platform for electric vehicles that is headquarters in Cupertino, California and was founded in 2017 by Rui Zhang, Thomas Sun, and Xiaoyao Qian. NAD Grid offers a peer-to-peer electricity exchange which attempts for align energy supply with energy demand to help incentivize adoption of renewable energy sources. The companies energy platform offers a product called ampUP, and consists of an electric vehicle charging network of both shared private and home chargers.
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- BlockchainA blockchain is an append-only digital ledger storing a set of time-ordered transactions grouped in blocks that are linked together using cryptographic hashes.
- CryptocurrencyA cryptocurrency (or crypto currency) is a digital asset designed to work as a medium of exchange using cryptography to secure the transactions and to control the creation of additional units of the currency. Cryptocurrencies are a subset of alternative currencies, or specifically of digital currencies.