According to Wozniak, “energy consumption and CO2 emissions worldwide have grown exponentially, leading to climate change and extreme consequences to our environment. We can improve our energy footprint and lower our energy consumption without changing our habits. We can save the environment simply by making more energy improvements,” he stated in a statement about the firm.
“We created Efforce to be the first decentralized platform that allows everyone to participate and benefit financially from worldwide energy efficiency projects, and create meaningful environmental change,” Wozniak stated in a statement.
According to a report by Medium post, Efforce has developed a cryptocurrency token named “WOZX”, named just after Wozniak. WOZX can be employed to get into power-efficiency projects that power service firms list on its platform. According to a report by CNBC, Efforce tracks the power savings accomplished by these power projects and returns them to investors in the kind of an power credit that can be employed or sold.
WOZX started trading publicly on December 3 on HBTC.com, a marketplace for decentralized currencies. The firm will launch on Bithumb Global, an additional marketplace for decentralized currencies, subsequent week.
Wozniak and Jobs formed Apple in 1976 and constructed it into a individual-personal computer pioneer. Wozniak stopped functioning at the firm — which is now worth additional than $2 trillion — in 1985, about 5 years just after its initial public providing.