Subsequent to developing our core concepts, an Engineers Australia (Australia’s peak Professional Engineering body) presentation was attended. This examined technical and economic aspects of something similar to what is being proposed by cactii. The presenter was Senior lecturer Dr. Terrence Summers of the University of Newcastle department of Electrical Engineering. Our section on trading provides an excerpt from this presentation. Where he refers to the community shop, think of it as a community pool.
Note that our proposal bears similarities but also does have some differences. The fundamentals are however very close. We have cut out much of the engineering talk and just highlighted the conceptual aspect. Dr Summers does raise some concerns – we believe our solution gets over those issues.
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