Regulation & Policy
Share
The Sun Exchange (Sunex), a marketplace enabling people to lease their solar cells, aims to use bitcoin in order to improve the access of solar energy throughout South Africa.
It permits investors to purchase solar cells and distributes the returns in bitcoin or fiat money.
Furthermore, investors can purchase solar cells in bitcoin or South African Rand, which encourages prospective investors to use cryptocurrencies, as it provides them with a physical solar asset.
Sunex has received the 2017 Global Blockchain Challenge award in Dubai, as it presented the most promising solutions using blockchain trechnology. This award will enable Sunex to pilot its products in Dubai, and participate in advancing the Dubai Blockchain Strategy.
In brief, Sunex built a blockchain framework that can transfer the value of solar energy, while keeping an unchangeable record of earnings and ownership. At the same time, regulators can enforcve toll fees via smart contratcs.
It believes that cryptocurrencies and solar technology are complementary, as they are decentralized and democratic forms of money and energy, respectively. In addition, it reports that 75% of its members who hired the cells using fiat money, requested for their returns to be in the form of Bitcoin. This entails that cryptocurrencies are essential in the growth of the economy of the African market, as their advantages include accessibility and low cost peer-to-peer payment systems.
Disclaimer of Warranty
The information provided in this article is for general informational purposes only. We make no warranties about the completeness, reliability, and accuracy of this information. Read full disclaimer




Editor's Picks

UAE Stablecoins: Why They Are Built to Travel, Not Stay Local
Walid Abou Zaki
Feb 28, 2026
8 min

The Central Bank of the UAE Clearing the Noise Around Article 62
Walid Abou Zaki
Feb 25, 2026
5 min

Europe’s Crypto Purge: Did Lithuania Just Kick Out Innovation — and is the UAE the Beneficiary?
Salma Naueihed
Feb 18, 2026
7 min
Read More Articles
In the Same Space

Senate Leader Signals Clarity Act May Be Delayed Until April
Chantal Assi
Mar 13, 2026
3 min

Investors Sue JPMorgan Over Alleged Role in $328M Cryptocurrency Fraud
News Desk
Mar 12, 2026
4 min

CBUAE Allows Case-by-Case Offshore Disaster Recovery for Banks
Walid Abou Zaki
Mar 12, 2026
4 min

SEC and CFTC Sign Coordination Pact to Align Crypto and Financial Market Oversight
News Desk
Mar 12, 2026
4 min