Serenity is one of the companies that bring the solution to the energy crisis by combining the energy sector with the blockchain. Read more about serenity blockchain product in this article information
Serenity is the company that has a good reputation doing business in the energy sector, the serenity doing the innovation to change the way to deal with the energy sector. The Serenity or well known as the Serenity Source Pty Limited is the company that has the focus of work on the renewable energy sector that involved the blockchain system to providing the host of services on the distribution of Energy. The hosting service including the renewable energy generation, energy retail, sale and lease the product of Hepek smart devices, monetization of the carbon credits scheme, residential property sales, serenity platform of the transaction fees mechanism, affiliate licensing.Serenity itself offering the multifaceted blockchain ecosystem that highlight the promotion of sustainable living with the energy, smart energy access tool, renewable energy production and source maintaining, energy retailer mechanism to the people need.
The serenity blockchain project has the purposed to become the medium for the new renewable energy management using the power of the crowd. Serenity work ecosystem is using the latest of high technology and IoT(Internet of Things) concept that organizes record of the renewable energy production, consumption, access into the blockchain and smart contract architecture framework. Serenity brings the blockchain system to enhance the potential of the energy sector by transforming the people to engage in the energy sector with best control and transparency to the energy access user. If you are interested more about this serenity blockchain product, you can find out more on this article information.
The Overview of Serenity Blockchain
The Serenity offers the modern way of the energy distribution model that not like the traditional energy distribution model. The serenity has the frame of work to transact in the energy sector include energy trading, energy sales, and other activities of energy buying on the serenity blockchain system platform. The serenity has the role as the connector medium to the energy suppliers such as the electricity operators, providing and balancing the demand of supply to the electricity source, responding substation generator level of electricity and of course make the detailed and structural transition to the blockchain and renewable energy.
The serenity blockchain system is feature with the HEPEK smart hardware that will be applied in the customer premises that will provide accurate measure and also record of the blockchain electricity consumption and renewable production The serenity offer the realtime summary of the electricity market price that can be used by the customer as the base to making smart decision for export electricity to the grid, sell energy to the market and store energy into batteries in the best price and market need. Serenity also provides the detailed distributed ledger framework that will provide the proof of the serenity token asset ownership and also facilitate the energy market transaction through the trusted smart contract to all serenity member include the prosumers, consumers and operators. Please read the information down below to get know more about the serenity blockchain product.
ANN Thread : https://bitcointalk.org/index.php?topic=5160209
Whitepaper: https://serenitysource.com.au/assets/docs/SERENITY_WHITEPAPER.pdf
The Discovery of Serenity Blockchain
1. Serenity Business Model
The serenity blockchain system exists as the distributed energy community that purposed to have the role as the energy retailer, renewable energy generator and sustainable residential developer, commercial facilities to the renewable energy production and deliver the net-zero residential dwellings. The serenity itself will get the revenue from the various sector that includes the retail energy service, carbon credit monetization, renewable energy production, residential property income and also rental, HEPEK smart device sale and lease, capital backing of Ergon token, serenity platform transaction mechanism fees, and international affiliate licensing.
The serenity also features with the smart contract and blockchain technology that have the function to automate the process and minimize the administrative costs. The ten percent portion of the serenity blockchain system profit will be allocated into the funding wallet that used to fund the serenity community growth, sustainable and energy-efficient estates, and another renewable energy project.
From the energy retail services, serenity will charge the consumer of serenity system for near wholesale of the electricity price with the small markup in the scheme of the wholesale electricity market in the realtime pricing and automated blockchain mechanism that will involve the energy purchase of the microtransaction. Furthermore, the surplus of the energy access will be sold into wholesale energy and carbon market that will be rewarded into the ERGON and CARBON token.
Serenity renewable energy production is all about the synchronization of the distributed energy resources through the HEPEK device control and also serenity will allow the regulatory requirement for the minimum installed capacity that exists as the large scale electricity generator. The carbon monetization is all about the redeemable award through the serenity platform in exchange for the fiat and certified carbon credit can be sold into the national or the international carbon exchange for the best fiat price through the CARBON tokens destroyed.
2. Serenity Token Redemption
Serenity blockchain product has the serenity redemption program that allows serenity member to redeem their serenity token and trade it into electricity with the near wholesale price, after this process done the consumer will continue to pay at the regular price and when the periodic redeem limit is reached you can no longer to redeem any more. In the event of token redemption, the redeemed serenity token will be destroyed and taken out from the token supply. Serenity redeem process will be run automatically and performed with the registered HEPEK device and the smart contract will be used as the controller on the redemption process in the various regions and jurisdictions.
The serenity token also related with the ERGON THAT defined as the stable payment token that used for energy trading that backed by the actual fiat deposit and CARBON that consider as the stable token that come up as the reward for the C02 reduction through the blockchain production of the renewable energy and backed up with the price of the carbon credit. Ergon token will be created when the serenity user has the deposit fiat, crypto and have the blockchain provable production in term of renewable energy. The CARBON itself is involving data-driven and multiple approval steps that correlate with the serenity token that will bring the physical impact and benefit for energy trading.
3. Serenity Blockchain Ecosystem
Serenity asset can be traded for the other asset or used as the payment through the authorized transaction process. The serenity energy ecosystem and carbon credit will be tokenized into a digital asset. The token is a feature with a smart contract and has been defined as the ERC-20 with the standard of Ethereum base.
4. Roadmap of Serenity Blockchain
The progress and development of the serenity blockchain are divided into several phases that will be running in the periodic time from 2019 into 2021 beyond. Phase 1 is designed as the rapid improvement of the serenity software and also hardware component. Serenity is a feature with the stable hardware prototype of HEPEK smart gateway that ensures the development of the environment, serenity also will establish the process of the HEPEK software to be more critical into the streamlined upgrade and fast iterations.
In the serenity will give the updates to the client that already signup, open payment channels and also withdrawals in this process the software development will be spending more time into developing REST API and serenity service. The last is serenity will build the net-zero display that will be the display medium for the HEPEK operational logging energy data into the blockchain system.
Phase 2 all about executes the retail energy business in the specific regions, in this period serenity will provide the single utility targeted region and sign up the 5000 customers. The customer on this phase will be given the token in the promotional event and will be automated redeem into the right of purchase electricity at the wholesale prices and also serenity will be executed this phase for the energy retailer license in the deregulated energy market in Australia. The last phase will be the time of serenity blockchain system to expanding the energy retail network and registered many customers with the requirement of scalable process of the place to achieve its expansion.
5. Serenity Blockchain Payment Channel and Treasury
To solve the problem of the high frequency of the transaction settlement the serenity will use the directional payment channel to running the transaction process. The HEPEK feature is open the payment channel to pay energy by depositing the ERGON token into the serenity smart contract that will be created and credited into the member account and wallet. The payment channel is using the off-chain verification with two or more connected parties that perform the multiple transactions without connecting them into the network. If the user closed the payment channel the final balance of the transaction will be added into the blockchain system.
Serenity also related to the contractionary monetary policy that has the function of maintaining the token velocity and help serenity token value to increase. The serenity will be included with the route collected fee from the closed payment channel to create the visible smart contract and public information about the serenity liquidity. Serenity also uses contractionary monetary policy for the partnership arrangement and affiliated business.
6. The HEPEK Device of Serenity Blockchain
Serenity is very related with the HEPEK devices component that has roles as the smart energy broker, IoT device, blockchain enables gateway, and secure smart energy meter that will improve the interaction of the prosumer, generator, and consumer into the serenity decentralized community system. The HEPEK can be activated by the member that purchases the ERGON token either from the credit card or direct debit in the serenity app or website. HEPEK is existed to open payment channel and off-chain verification automatically. The HEPEK also allow the electricity consumption by using the feature of the smart meter and paying at each billing cycle in real-time.
The HEPEK also have the role of the energy broker through the application of machine learning and AI cloud-based. There is the seasonal pattern from daily into monthly in the electricity consumption and production that can be analyzed into the realtime conjunction with the wholesale spot prices. The appliance of the device's system also appliance with the local electrical installation and the connection of the Internet the GPS.
7. The Energy Supply Chain of Serenity Blockchain
The serenity blockchain has the energy distribution service that consists of the generation, transmission, distribution and retail. The generation aspect is the electricity production that does by the commercial-scale energy produce. The transmission is defined as the moving high voltage electricity from the power plant to the consumer networks. Distribution is the moving process of the high voltage network into the consumers with the lower voltage lines and retail is the process of business that sells electricity to the consumer.
Overall Serenity Blockchain product is the best way for the consumer, electricity operator, prosumers to organize the access of the electricity with the detailed, transparent, proportional, and safe. Serenity platform has the good connection to the national electricity operator, give the best response to the substation level when it needed, make the possible structural transition through the renewables and also decentralization, and providing the detailed and transparent balance of the electricity production and consumer demand in the proportional measure. The energy that involved in the blockchain system will bee traded and consumed in the local area with the minimum impact for the rest of existing electrical grid, avoiding the high voltage damage situation and lowering the transmission loss.
All of the serenity member-consumers will get the benefit from this token lower price of the electricity and also get the best deal to produce and export the energy source. Surely the blockchain technology and smart contract tool will be combined and use to minimize the administrative cost also the production of the energy will be awarded by the carbon credit. Everything you must know about the serenity token from how to get the token and use the token will be fully revealed in this suggested link.
SET Contract Address: 0xb54be748dee3955afb28b50beed24f9db8992cab
Official Site URL: https://www.serenitysource.com.au
Email Contact: info@serenitysource.com.au
Blog: https://medium.com/serenity-source
Reddit: https://www.reddit.com/user/serenity_admin
Facebook: https://www.facebook.com/serenitysource.io
Twitter: https://twitter.com/serenity_source
GitHub: https://github.com/Serenity-Energy/Utility
Telegram (group): https://t.me/SerenityIEO
Telegram (channel): https://t.me/serenity_channel
LinkedIn: https://www.linkedin.com/in/serenitysource
Whitepaper: https://serenitysource.com.au/assets/docs/SERENITY_WHITEPAPER.pdf
YouTube channel: https://www.youtube.com/channel/UCpFFfYKjkQxFql1hJ9RRWrw
ANN Thread : https://bitcointalk.org/index.php?topic=5160209
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ETH address: 0x3946bc29197BF793CB796243109b39b019c3fC00