NDB is a blockchain-based ecosystem for trading, tracking, and paying energy among peers and with personal devices or utility providers.
The core component of NDB is called NDB Smart Energy, composed of AI-based energy subscriptions accessible via Watt DApps, intended to promote energy-saving. The Smart subscription will optimize the energy consumption or the product's utilization period. It ends the payment for the energy that is not being used, stored, or consumed by the consumer. Partners and licensees will monitor and manage carbon credits.
The BNB-based $NDB will help users gain access to the NDB Ecosystem and allows the acquisition of some of its utilities, such as NFTs. $WATT provides access to utilities offered by the NDB Ecosystem, in particular energy-related trading, tracking, and tracing features.
The payment function will incentivize $NDB staking so that users can earn $WATT as a result of proof-of-stake, which can be used towards paying their utility bills. Within the Nyyu Wallet, users can pay their subscriptions and utility bills.