GREENEUM

 

CLEAN AND GREEN ENERGY

Introduction

As the world keeps getting larger and population increases day by day there is a need to produce a safer means of producing energy, and not the other way round. The demand of energy simultaneously means the demand of air pollution. This is caused by release of CO2 in the air which is harmful to both our health and the ecosystem. IEA has also thought to put it out that demands will continue to rise by 1.3% till 2040 until all the energy policies are regulated. As demand grows, so does emission of CO2 grows. The good news is that, in 2019 just after two years of the high rate of emanation of Carbon dioxide, it dropped to a flat rate from the advanced economies. This was the result of change. The non-sustainable energy origins that were normally used were turned to sustainable energy origins.

Vision and Solution of Greeneum

The vision of Greeneum is to provide its users and the world at large with a GREEN energy market that will be seen as productive and adequate. This vision has moved Greeneum to develop financial services that will simplify the process of exchanging renewable energy. Investments would also be highly supported through transparent measures in renewable energy looking like in the oil markets.

The solution of Greeneum is to first create an outstanding multiple chain design. This solution is already ready for GREEN energy markets out there. The platform will consist of three unified systems and will work together to make it achievable for Greeneum to manage data and energy at both the global and local levels and make money out of it using a GREEN energy market.

Why Greeneum?

Energy demand is rapidly growing worldwide in reaction to population, transportation, and economic production changes. This demand surge creates increasing pollution levels of carbon dioxide (CO2) in the atmosphere and threatens our entire ecosystem. The World Bank report claims that air pollution creates health repercussions and costs trillions of dollars annually.

Greeneum utilizes blockchain and customized AI in order to provide a proprietary solution for optimizing the energy management for microgrids. Its customized AI algorithms generate precise energy demand predictions that allow microgrid operators to balance energy supply and demand. All the while the energy network operates in a trustless and distributed manner using blockchain technology to eradicate the disparities, uneven distribution, supply-demand gaps, and more energy sector problems in developing countries.

Blockchain-based smart contracts, coupled with energy and environmental data management systems are the newest solutions to accelerate the transition towards a low carbon global economy. The next generation of blockchain technology offers smart P2P valid interactions, smart contracts, IoT, targeted machine learning, and artificial intelligence algorithms.

GREENEUM PLATFORM

The platform consists of three parallel and connected systems

Greeneum Global Data system

The data system is global and operates on the Greeneum blockchain network. The system records validations on the blockchain. The validated data goes to AI processing to generate predictions and insights. If a producer of GREEN energy sends valid data to the system, they will receive a GREEN Certificate for clean energy production. GREEN certificates can be used to convert to Greeneum tokens in the Greeneum Energy Trading System. Carbon Credits and GREEN Certificates will be validated, monetized, and globally traded.

The Greeneum Energy Trading System

Energy trading on the Greeneum system takes place on the electrical grid as well as the Greeneum blockchain network. Electrical data is transmitted through a validation process, where the energy is profiled and verified. The system runs periodic calculations of production and consumption on the grid and allows consumers to interact directly with each other. Producers of GREEN energy are rewarded with GREEN certificates and Greeneum tokens. Consumers use Greeneum colored tokens (GREEN certificates) for energy consumption. They buy them from the producers and accumulate Greeneum Carbon Credits for their consumption of GREEN energy.

Monetization of Data and Energy

GREEN token, a newly introduced cryptocurrency monetizing energy transactions, based on Ethereum (ERC20) Greeneum token, GREEN, an ERC20 utility token, will be used for monetization of energy across the Greeneum Network. The utility token is a tool to incentivize the energy ecosystem towards a more efficient, profitable, and GREEN behavior.

The Greeneum Network Token

Greeneum issues Ethereum-based tokens of both utility and value. This token is very useful and serves two purposes. The first is that it allows access to the Greeneum network and is used to reward green energy and energy data production, and can also be used to purchase various services and products from the Greeneum Network network market which already has thousands of products and services. and will launch soon.

Roadmap

For More Information Click Links Bellow: 

• Website: https://www.greeneum.net/
• WhitePaper: https://www.greeneum.net/whitepaper
• Twitter: https://www.greeneum.net/whitepaper
• Exchange: https://www.probit.com/app/exchange/GREEN-USDT/
• Telegram Group: https://t.me/GreeneumNetwork/
• Telegram Channel: https://t.me/GreeneumNetworkChannel

Author: ket tumbar

My Bitcointalk Profile: https://bitcointalk.org/index.php?action=profile;u=2202323