A blockchain platform for investing in clean energy
The Greeneum Network is devoted to accelerating the worldwide transition to clean energy and sustainable technologies using Blockchain and customised 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.
Until now, innovation in clean energy technologies has progressed slowly due to centralized market systems, compounded by lack of demand and incentives. By 2020, less than a third of the world’s energy supply is sustainable. To encourage funding in clean energy, Greeneum has created the world’s first blockchain technology-based clean energy investment and trading platform.
The secure and scalable energy and data trading platform facilitates investments in green energy projects including solar, hydro and wind power, while concurrently creating production efficiencies during demand fluctuations. The promoters of Greeneum believe that it is the first major step towards ending a global reliance on toxic and non-renewable energy sources including fossil fuels.
Greenium is built on the Ethereum blockchain to protect contributors and bring greater transparency to projects. Agreements are held on this distributed ledger, which helps to ensure that terms are secure and visible at all times.
ABOUT 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 PLATFORM
The platform consists of three parallel and connected systems:
Greeneum Global Data system
Greeneum Energy Trading system
Green Global Monetization 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.
Schematic overview of the GREENEUM decentralized multi-chain network.
The main building blocks of the two parallel systems that comprise the Greeneum network are:
Greeneum’s AI/Machine learning algorithms analyze and color energy transactions Green and non-Green certificates represent validated renewable energy data and available energy in the local grid. In addition, The Greeneum AI platform provides insights and accurate predictions. This allows the balancing energy supply and demand and therefore results in the whole energy network (energy production, consumption, transmission distribution and storage) optimization.
Greeneum’s blockchain and smart contract technology is used to record (meta-data), validate and trade energy production and consumption.
Green token — Greeneum issues smart contracts called Green tokens (ERC20), which act as the medium of exchange and reward for the global community of Green supporters. The cryptocurrency will be used for monetization of the Greeneum network. The utility token can be used exclusively to purchase products from the marketplace, contribute to sustainable solutions, or even purchase Greeneum Carbon Certificates and reduce carbon footprint.
Greeneum also has a strong advisory board and corporate partners including: IBM, d10e, Etherlabs Chain Dynamics, SolarChange, CoinAgenda and more.
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 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.
2. 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 Decentralised applications offered by Greeneum
- SolarPets for producers residential, commercial or industrial and solar energy companies
- Decentralised SaaS for utilities and micro-grids for energy optimisation & energy trading
- Green Capital for projects and green technologies
- Greeneum Green Certificates & Carbon Credits for Green Energy Producers
Green P2P Marketplace
Technology
Security and speed is essential when it comes to efficient buying. Our API connects users seamlessly to the Greeneum blockchain for easy trading.
Optimized for profitability and efficiency, the Greeneum API allows for seamless integration and customization to meet users green energy needs. From Green Certificates issuance to GreenPETs tracking is automated through our platform which enables users to easily obtain rewards.
Green Market
Greeneum’s mission is sustainability and the incentivization of a green future. Regardless of size or budget, GREEN tokens can be traded for scalable smart monitors, solar panel, wind turbines, services and any other kind of asset.
Greeneum’s decentralized open-market platform enables solar and sustainable energy products and services trading
