MyBit Go is a decentralized investment platform that allows users to invest in renewable energy and IoT devices using cryptocurrency. The technical description of the process involves the use of Ethereum smart contracts for investment and ownership management. Users can create investment contracts, which include information such as the investment amount, target asset, and profit distribution plan. These contracts are then deployed on the Ethereum blockchain, allowing for secure and transparent investment management. Investors can track the performance of their investments in real-time using the MyBit Go dashboard, and profits are automatically distributed to participating investors according to the terms of the investment contract. Renewable energy and IoT devices are connected to the platform using IoT devices, which collect and transmit data on asset performance and revenue generation. This data is used to calculate profits, which are then distributed to investors through the investment contracts. Overall, MyBit Go uses blockchain technology and smart contracts to provide a secure and transparent platform for renewable energy and IoT investments.
