What is Greeneum Network?
The Greeneum Network is devoted to accelerating the worldwide transition to clean energy and sustainable technologies using Blockchain and customized machine learning. Greeneum’s digital assets are connected to profitable green energy projects with Unique, groundbreaking technology that certifies green energy and optimizes power yield.
Greeneum is creating the most advanced network in the world for encouraging the production, distribution, and consumption of sustainable and renewable energy sources including solar, wind, hydro, and thermal. The Greeneum Network uniquely measures verifies and incentivizes efficient and eco-friendly behavior throughout the entire supply chain to benefit present and future generations.
Greeneum Global Energy Networks (Greeneum) is designed to leverage targeted Artificial Intelligence (AI), blockchain technology, IoT and smart contracts. Our vision is to create and grow a decentralized and sustainable energy market that enables smart monetization for real-time peer-to-peer (P2P) energy and data transactions.
Greeneum Vision & Solution
Vision: Greeneum envisions creating a GREEN energy market that is smart and efficient. Following the vision, Greeneum is building financial assets and technologies that will make it easy to exchange values of renewable energy. Additionally, it will support investment through traceable, secured and clear measures in renewable energy similar to the oil markets.
Solution: By building a unique multi-chain architecture, Greeneum delivers a market-ready solution for GREEN energy markets. The platform comprises three parallel and interconnected systems. And these render the Greeneum platform capable of managing global and local levels of data and energy and monetizing them in a GREEN energy market.
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.
Greeneum Token (GREEN): Greeneum ERC20 utility token called GREEN is an Ethereum token used as the network token for various transactions in the Greeneum marketplace. GREEN is used for a global monetization of Greeneum Energy Trading and the Greeneum Global Data Systems.
Greeneum Ecosystem: System of users, providers, consumers, investors and any other entity interacting with the Greeneum Network.
Greeneum Energy Network: An energy network is a system that utilizes energy effectively by controlling a large number of energy supply and demand facilities of various types by using a communication network.
Greeneum Foundation: Foundation to assist in the continuous development and growth of the Greeneum Ecosystem, funded through the Greeneum token.
The Foundation uses the Green Fund to help companies, organizations, solar and green energy projects, and city planners get access to the funds required to showcase their innovations.
Green Fund: A funding arranged by Greeneum to help various prosumers work on initiating and building new clean energy projects. The projects are funded through two different methods- crowd donations for social & environmental projects and crowd investments for private clean energy projects.
Greeneum Network: The Greeneum Blockchain network connects consumers, producers, traders, utility companies, investors, and other stakeholders on a global platform. They can interact freely on the secure platform which helps in increasing and strengthening the trust and transparency between all stakeholders. The network emphasizes transparency in recording, distributing, and using green energy
Greeneum Certificate: Greeneum certificates are nonfungible token (NFT) tokens are issued using the Proof-of-Energy-Transaction algorithm after produced energy is validated (amount type: GREEN or non-GREEN, etc.). They describe the energy source, amount, and corresponding Greeneum Carbon Credits. In the energy trading flow, they are sold to the consumers, who are granted the carbon credits. In the data flow, they are given to the producers and they can sell them freely on the global market. The certificates can be used for balancing supply and demand and for energy management of electrical grids
GREEN token holders are able to purchase additional AI and energy management services, this process allows for a greater balance of supply and demand in order to optimize energy assets and electricity networks. Greeneum will develop interfaces for external AI providers to improve energy management and network efficiency.
Conclusion
Greeneum is a distributed and decentralized platform that contains different services for energy market stakeholders worldwide. Greeneum leverages cutting-edge disruptive technology, including blockchain and machine learning, to create an unparalleled reliable, comprehensive, and potentially unlimited data and energy trading platform. Greeneum technology is powering the energy market’s transition from a centralized and non-renewable approach to a distributed and sustainable model which will allow for continued economic and technological growth.
For more information about this project you can see the link below:
Website: https://www.greeneum.net/
Telegram Group: https://t.me/GreeneumNetwork
Telegram Channel: https://t.me/GreeneumNetworkChannel
Twitter: https://twitter.com/GreeneumNet
Medium: https://polkabeam.medium.com/
Exchange: https://www.probit.com/app/exchange/GREEN-USDT
Coinmarketcap: https://coinmarketcap.com/currencies/greeneum-network/
Coingecko: https://www.coingecko.com/en/coins/greeneum-network
IcoBech: https://icobench.com/ico/greeneum-network-ico
IcoMarks: https://icomarks.com/ico/greeneum-network-ico
Author: dey90
Bitcointalk Profile Link: https://bitcointalk.org/index.php?action=profile;u=731808
Erc-20 Wallet Address: 0x5c582DE6968264f1865C63DD72f0904bE8e3dA4a