Restart Energy Innovative Technologies (REIT) AG To Launch First Sustainable STO On The DAURA Blockchain Platform
Restart Energy Innovative Technologies (REIT) AG has come out to announce they are launching the first sustainable Security Token Offering (STO) on DAURA, a Swiss blockchain platform. According to a report on Reuters, the global energy demand is expected to soar by 44% by 2030. With that into consideration, countries and businesses are piloting new reforms and innovative solutions to ensure we all live in a better and more conducive world.
One of the leading businesses and projects setting the pace in innovative solutions in the energy sector is the Restart Energy Innovative Technologies (REIT) AG. In the words of Armand Domuța, the Chairman of the Board of REIT, “Our goal is to use bleeding-edge technology and innovative business models to democratize a sector burdened by bureaucracy and transaction costs: freeing up capital, saving money, helping local power producers earn more and laying the groundwork for a sustainable future. Experienced in the traditional energy supply business, REIT AG understands that the future of energy production and consumption lies in giving people and businesses freedom to access and participate in a more sustainable energy ecosystem unfettered by bureaucracy and outmoded business models. REIT AG aggregates the two main attributes of the group, the experience and successful track record of our legacy business, the energy supply company and bold approach of the energy sector through technology with our RED Platform.”
Overview Of REIT AG & Restart Energy
Restart Energy Innovative Technologies (REIT) AG is a Switzerland-based holding company. The company funds, researches, and develops notable energy-tech startups. Their goal is to build and maintain an ecosystem of innovation in sustainability. REIT AG adds traditional revenue-generating assets in Upstream (Renewables) and Downstream (Energy Supply) value lines…
