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OpenVPP’s operating process mainly includes six stages: device registration, data collection, energy resource aggregation, demand response coordination, on-chain value calculation, and energy settlement. Through blockchain and smart contracts, OpenVPP digitalizes and opens up the energy management process used in traditional virtual power plants, providing infrastructure support for the energy internet and energy asset tokenization.

The Phala Network is a blockchain co-processor. It provides a decentralized, trustless infrastructure for computing smart contracts.