GREENPOWER has been designed to serve as a global rewards currency. GREENPOWER was developed on Graphene and claims to feature a highly-efficient operating model.

The system reportedly confirms transactions in three seconds and has the capacity to process over 100,000 transactions per second. According to the team, the currency has a fixed supply of coins that have been distributed during the past two years to over 150,000 accounts in over 180 countries.

GREENPOWER envisions itself as a store-of-value unit at the center of an ecosystem of companies. GREENPOWER is intended to be the currency used as loyalty rewards by millions of merchants worldwide.

Although 'GRN' was the ticker assigned at the deployment of the GreenPower Token's smart contract, it is already in use by another asset that has a larger market presence and higher trading volume on major exchanges. Due to this pre-existing association and to avoid confusion in the marketplace, the alternative ticker 'GREENPOWER' has been adopted for this token. This designation is specifically used to ensure that assets are distinctly identified.