New Cryptocurrency Lauches To Push Renewable Energy

GLO by Global Standard, Inc. is a digital cryptocurrency aimed at supporting micro utility grids for renewable energy.
By: Globe Standard, Inc.
GLO Press Release Photo 20419
GLO Press Release Photo 20419
LOS ANGELES - Feb. 4, 2019 - PRLog -- GLO by Global Standard, Inc. (Globe Standard) is a digital currency combining two of today's most exciting, important and growing industries: renewable energy and cryptocurrencies. GLO is based on blockchain technology with decentralized record keeping through a distributed ledger. Globe Standard believes that this has the potential to become the standard for payments of energy goods and services globally.

Globe Standard aims to support the early demand for GLO through what it believes are innovative renewable energy programs that aim to bring solar energy to the global community. Globe Standard intends to issue 20- and 30-year Solar Leases and Power Purchase Agreements to electric customers, creating what has the potential to be a long-term revenue stream. Globe Standard intends to accept GLO as payments for our customers' electric bills and we intend to offer our customers a discount for paying energy bills with GLO.

Globe Standard seeks to capitalize on the necessity of electricity in modern life. Its mission is to create micro utility grids that brings solar power to electric consumers worldwide. Globe Standard's founder and CEO, Ahmad M. Yakub, who is based in the United States, has over ten years of renewable energy finance experience. The Company is driven by experienced management focused on accurate execution, as well as a highly innovative technical team with what the company believes is unsurpassed expertise in the photovoltaic industry. Globe Standard's founder, has financed several megawatts of Solar energy installations, bringing clean renewable energy to consumers at rates cheaper than fossil fuel.

To raise initial capital and generate awareness of the venture, Globe Standard launched a Regulation CF fundraising campaign on StartEngine. The StartEngine campaign can be found here:

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The press release may contain forward-looking statements and information relating to, among other things, the company, its business plan and strategy, and its industry.  These forward-looking statements are based on the beliefs of, assumptions made by, and information currently available to the company's management.  When used in the offering materials, the words "estimate," "project," "believe," "anticipate," "intend," "expect" and similar expressions are intended to identify forward-looking statements, which constitute forward looking statements. These statements reflect management's current views with respect to future events and are subject to risks and uncertainties that could cause the company's actual results to differ materially from those contained in the forward-looking statements.  Investors are cautioned not to place undue reliance on these forward-looking statements, which speak only as of the date on which they are made.  The company does not undertake any obligation to revise or update these forward-looking statements to reflect events or circumstances after such date or to reflect the occurrence of unanticipated events.

Tags:Cryptocurrency, Renewable Energy, Digital Coin, Solar Energy, Ico, Globe Standard
Industry:Business, Energy, Technology
Location:Los Angeles - California - United States
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