Thursday, February 11, 2021

Greeneum


Introduction

We all know our current sources of energy are finite. But the same old problems always exist when it comes to incentivizing people to go green. Green energy isn’t always efficient. Wind energy, for example, requires the mounting of bestial structures that cause noise and visual pollution. And they don’t often work at 100 percent capacity. Adding solar panels to our houses is unsightly–but more importantly, green energy can be expensive. And that’s largely due to problems within the supply chain.

Nothing motivates people more into going green than seeing a financial incentive, and Greeneum is an energy ICO that understands how to bring the cost of green energy down. Striking the balance between protecting people’s pockets and saving the planet.



What is Greeneum?

Greeneum’s platform is a first of its kind marketplace and energy production management system. The team is creating the most advanced network in the world to encourage the production, distribution, and consumption of clean , renewable, sustainable energy including solar, wind, hydro, and thermal. Utility companies, grid operators, and users alike can obtain real time energy tracking while global trade markets will benefit from accurate and real time data.

Greeneum, a platform that aims to disrupt energy trading, production and consumption by combining artificial intelligence and blockchain technology. Their software can predict the need for energy in a grid very precisely. This helps to optimise the way energy is used. Greeneum especially endorses the usage of renewable energy produced by solar cells, wind turbines, geothermic power stations etc.

Greeneum Feature:
  • Blockchain and smart contract technology to record (meta-data) and validate energy production and consumption.
  • GREENEUM's AI / Machine learning algorithms to analyze and produce insights and accurate predictions that allow grid and storage optimization.
  • GREEN is a newly introduced cryptocurrency monetizing renewable energy token, based on Ethereum and EOS.

The Problem:
  • No Economic Incentive to switch towards Green Energy Consumption
  • Over production has to be sold to Public Network at low Value
  • Prediction of Green Energy Production is hard, making it costly to manage
The Solution:
  • Information of Production & Consumption is gathered and validated by AI & IoT
  • Demand & Supply are put in direct contact through SmartContracts
  • Users are rewarded with GREEN Tokens for the data sharing
  • GREEN Tokens can be used to buy energy and information
Greeneum Platform

The platform consists of three parallel and connected systems:

1.Greeneum Global Data system
2.Greeneum Energy Trading system
3.Green Global Monetization System

The eco-system contains interactions between the Global Data Market Network (Data Trading System) and Global and Regional Energy Networks (Energy Trading System).


The platform is built on blockchain and smart contract technology that is used to record (meta-data), validate and trade energy production and consumption. The P2P trading system will run on global public blockchain and will provide an opportunity for energy trading within and between electrical grids. The underlying data layer will be powered by proprietary AI and machine learning algorithms developed by the Greeneum team.

HOW IT WORKS?

Greeneum: Decentralize, Monetize & Optimize


  • P2P energy & data trading
  • Microgrids
  • Green certificates and incentives
  • Carbon credits management
  • Balance energy supply & demand
  • Real-time predictions
  • Energy management
  • Improved weather forecast
Below is a video about the overview of how Greeneum works.


Global CO2 Growth from Fuel and Atmospheric Carbon Concentration.

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 eco-systemic. According to The World Bank, air pollution cost global economy trillions of dollars annually. Air pollution costs the global economy more than $5 trillion annually in welfare costs, with the most devastating damage occurring in the developing world, according to a new World Bank report.

There are many solutions proposed in response to targeting the pollution challenge. These solutions attempt to prevent, mitigate, and adapt to the climate change effects, but we still have a long way to go and we still to make a tremendous amount of progress to address the air pollution problem. The energy sector is responsible for a majority of the CO2 emissions worldwide.


With Greeneum, stakeholders can reliably produce, trade and consume clean energy on a world-wide scale. Greeneum supports eco-conscious living and business — the greener you go, the greener the reward. Greeneum is more than a open market that unites the brilliant with the ambitious. With successful pilot programs already in place internationally, we’re only missing one critical element — you. Let’s get started. Greeneum is a global, decentralized network that aims to encourage the production, distribution and consumption of clean and sustainable energy. By using advanced technologies including blockchain, smart contracts and artificial intelligence, Greeneum is enabling the next generation of trust, transparency, security, actionable insights and forecasts for the global energy market.

Core Benefits:

1. Companies
  • Analytics & predictions
  • Save Millions ($$)
  • User acquisition
  • Efficient renewable energy grid integration & operations
2. Residential
  • Higher yield ($$)
  • System performance
  • Regional statistics
  • Failure alerts
  • Energy management
  • Cheaper electricity ($)
3. Environment
  • More clean energy
  • Less CO2 emission
  • Less pollution
  • Sustainable growth
Greeneum Tokens

The GREEN Token is central to Greeneum’s innovation story, and contributors can access it during a token pre-sale starting today, Earth Day. Qualified individuals will be able to start contributing to a wide variety of projects later this year. Greeneum’s innovative approach to green energy production, distribution and consumption management is enabled through key innovations including:
  • Crypto-based platform: Using an ERC-20 compliant token enables contributors to have one point of entry to contribute to projects around the world;
  • Smart contracts: Enable efficiencies by disintermediating the various brokers and middlemen currently involved in these investments, and remove trust as a factor between counterparties;
  • Distributed Energy Resource Management System (DERMS): Through use of artificial intelligence and proprietary algorithms, Greeneum enables electricity producers to anticipate demand in advance and direct resources accordingly; enabling them to create reserves and reduce production costs.

Global Energy Networks Current State:
  • 5 POC+ Validate, Trouble Shoot & Learn
  • +25k Global Users
  • +40 Institutional Partners
Token Details:
  • Token name: GREEN
  • Total Supply: 1 Billion
  • Token Type: ERC-20
  • Available for sale: 250,000,000 GREEN
  • Accepting: ETH
Under a 100% renewable scenario based on these numbers, millions of jobs would be created. Consider that 3.9 million construction jobs and 2 million operational jobs at renewable energy plants would outpace 3.9 million jobs lost from the traditional energy sectors.
  • 30.9% - onshore wind
  • 19.1% - offshore wind
  • 30.7% - utility-scale solar photovoltaics (PV)
  • 7.2% - rooftop PV
  • 7.3% - concentrated solar power (CSP) with storage
  • 1.25% - geothermal
  • 0.37% - tidal/wave
  • 3.01% - hydroelectricity
Roadmap


The GREENEUM Team welcomes all members of the community to support and benefit from our mission. Development and communication activities channels will be managed from the Telegram and GREENEUM websites. All three one of the founders is an experienced and passionate entrepreneur. To see about the GREENEUM project Team please contact this website: https://www.greeneum.net/company#team


Conclusion

GREENEUM has a global GREEN community that is acting to create a clean energy market, a global GREEN community, a global energy data platform, energy market distribution and democracy energy security and pseudonymity. Ultimately, through the GREENEUM platform, stakeholders in the energy marketplace will be able to drive efficiencies, save millions and impact the global renewable energy marketplace.
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