Greeneum
3 min readAug 18, 2021

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A PEEP INTO GREENEUM’S DECENTRALIZED AND OPEN MARKET PLATFORM

Greeneum is a blockchain startup offering a different favor of carbon offsets.

The Israeli startup is incentivizing customers to save energy and adopt eco-friendly lifestyles by awarding GREEN tokens, Certificates and Carbon Credits in the form of cryptocurrency for every watt-hour of renewable energy generated.

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.

The goal is to ensure that many people have access to cleaner and cheaper energy that is both dependable and healthier.

Likewise, Greeneum has set up a decentralized open-marketplace platform that serves as a medium for transacting energy.

This article explains the awesomeness of this decentralized marketplace when green energy can be sourced and traded freely.

INTERCONNECTION

The Greeneum Marketplace will be an ecosystem that connects many key players in the global energy industry. These stakeholders will be among the first to adopt and start using the wide range of awesome green energy offered on Greeneum.

By this, we are looking at the interconnection of the following players in the energy industry:

  • Green energy producers
  • Green energy consumers
  • Investors in the green energy industry

DECENTRALIZED GREEN ENERGY MARKETPLACE

Built on blockchain technology, the Greeneum Marketplace will be decentralized, so that no party will centrally control the system.

Also, the decentralized green energy marketplace created by Greeneum will connect all the dots in the emerging decentralized green energy market. That way, nobody would be left out in the about-to-burgeon decentralized green energy market.

POWERED BY THE GREENEUM TOKEN

Just like every other blockchain-based project, Greeneum will issue a native crypto token called the Greeneum Token. This token is represented by the ticker GREEN.

It will be the primary native token for transacting on different kinds of energy assets in the Greeneum Green Energy Marketplace.

Some of the use cases of the Greeneum Token (GREEN) are:

  • Trading Wind Turbines
  • For Scalable Smart Monitors
  • The Greeneum Token (GREEN) is also tradable for solar panels and any other supported green energy service on the broader Greeneum ecosystem.

GREENEUM MARKETPLACE MEMBER FUNCTIONS

The major players in the green energy industry have different roles to play towards the actualization of a fully-green world.

Here are some of the members and the different roles they would be playing in the broader Greeneum Marketplace:

PRODUCERS

The producers in this case are the nodes that help in the production of cleaner and cheaper energy — which are the trademarks of green energy.

Also, those nodes are usually humans, as they would be playing their different parts in the increased adoption of green energy.

These nodes include private households, green energy farms, as well as major and national energy suppliers.

VALIDATORS

Validators are the nodes that are executing transactions processed by blockchain. In this case, the validator nodes will be executing the computational process of the energy transaction validation.

GREEN ENERGY CONSUMERS

Last but not least are the consumers of green energy. There are 2 variants to the consumers of green energy.

On the one hand, we have the Consumers, who consume green energy/electricity by connecting with the producers and validators of green energy.

On the other hand, there are the Prosumers, which are the green energy producers that also consume the energy they produce.

WRAPPING UP

The Greeneum Marketplace will be an inclusive ecosystem where you can aid in the production of green energy, as well as enjoy the produced green energy at the lowest costs.

USEFUL LINKS

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

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Greeneum

Renewable energy decentralised ecosystem and network