This level of commerce would not take too much time to establish. Within a few years, we can see this in operation. Vehicle to grid operations, small towns, remote communities, and all sorts of other scenarios can use this simple model. As mentioned earlier, all kinds of third parties can get involved and drive these revenue models. In fact, it makes sense for some IT entrepreneurs to set up these simple systems. They will be able to tap into two of the biggest industries we have – energy and finance.
Applications are endless. Long-term regulated agreements are put in place to provide incentives to buy electric-powered cars and renewable energy. The business rules can also apply to the communications and screen for other like-minded participants. Let’s look at a model that has more emphasis on third party agents.