Greeneum
5 min readDec 5, 2021

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GREENEUM: A PERMANENT SOLUTION TO THE ENERGY MARKET

Problems exist in the energy market of today and those problems have cause a great deal of set backs which continuously hamper the growth of the industry and the impact in the world becomes adverse. One of the problems spotted with the current energy industry is the difficulty in eliminating the energy waste. This process has always been very difficult to manage and so many tends to be affected by it. Also, the consumers of this type of energy are made to pay excess as the energy becomes very expensive. The solution at hand now is GREENEUM platform which provides a new marketplace.

WHAT IS GREENEUM ?

This platform progressively makes a lasting impression in the energy market. It visions a world free from the pollution caused by the carbon source non renewable energy. This time, green energy is provided and the market is designed to be different, providing smart contracts for services and offering great solutions to the situation on ground. The provision of solution is made possible through smart contracts involved in this process. The green energy will be seen to be smarter and even more efficient with the way it is designed. Assets would be designed and GREENEUM will make the exchange of values very easy with renewable energy sources. Investments in it will be secured. It will support all these kind of activities and make renewable energy sources like the oil market. This new market would thrive the more and become dominant.

THE SOLUTIONS OF GREENEUM

The solution of this platform is better understood by explaining it. The Genesis of the solution springs from the multi-chain structure of the green market. The solution is made for the market and to make sure the needs of the users are satisfied in the green energy market. The platform structure is made of different interconnected system which are working together to render solutions in the market. This will help in the management of the system globally, increasing the monetizing process in the market and making the exchange of data possible.

This platform has the green global monetization system which anchors the monetization of data between the users in the marketplace. This is in support of the system and works together with the other system, of which one of them is the GREENEUM energy trading system. This one makes energy data tradable in the system, it makes trade safe and protect the interest of all those involved. The global data system is the third solution which comes handy. All the system has a contribution to the top notch structure and the provision or consumption of the energy.

Greeneum has a renewable energy model which supports full trading. It is completely decentralized involves so many contributors who are concerned and actively participating in the energy distribution. This add enough value to the network and provide great opportunity for all the stakeholders to be financially incentivization as they are opened to a more friendly and profitable scheme of energy in the market. This process will have clean energy fully supported and saving the cos involved in the use of energy or its distribution. This platform will also be useful to as many as are disadvantaged with power, making them empowered and able to use the clean renewable energy when they take part in the system.

This set of people will also be made to be involved in the advancement of the project, enjoying the benefit that comes from using the renewable energy and growing the community through which the benefits come from.

All the consumers in this platform will enjoy rewards for saving energy, this reward will be given in form of the NegaWatts. They will be able to optimize the energy network for the consumption of energy, this energy will always be available in the network even as the Green token is given for every NegaWatt that is used. This will be in proportion to the amount of energy that is used.

THE ENERGY PAYMENT SYSTEM

The amount of energy used pertime in this system will be calculated. The production of energy and consumption will be monitored so that adequate payment can be made in respect of the produced and consumed energy. GREENEUM will produce specific amount and generate a split of payment. This process will involve the direct transfer of GREENEUM from the wallet of the consumers to the producers wallet after the split amount that has been calculated. This is a way the token will be circulated and made to go round as a utility currency of the platform. The utility however will serve as the producer of the energy whenever what is consumed is more that what is produced. When it happens the other way round, the consumers will be thenproducer. This process will be taken as a peer to peer process and two different model of trading will be seen. Greeneum will enable the trading of smart contracts and adjustment of different parameters of the trades. The difference cases of trading will determine what the users will do in the system.

This platform has a very instant response to the demands of energy in the sense that the demand is measured to meet the grid capacity. The purchasing power will be seen in the wholesale market. This approach is cost effective, the need of the users will be satisfied as they get timely response to demand of energy. This is a way to come about the cost effectiveness in purchasing wholesale power. This platform is the best way to optimize energy and improve the way energy is produced and consumed.

CONCLUSION

This platform is very important as it facilitates the use of solar energy as one of the most significant renewable energy. It uses the solar Proof of energy transactions and utilizes the real algorithms which propels the innovation. Tbakso makes use of real time algorithm and the proof of energy is automated in the platform. Power production has never been more interesting, GREENEUM will surely sustain power production and make it cheaper.

USEFUL LINKS

Website: https://www.greeneum.net/

Telegram Group: https://t.me/GreeneumNetwork/

Telegram Channel: https://t.me/GreeneumNetworkChannel

Twitter: https://twitter.com/GreeneumNet

Whitepaper: https://www.greeneum.net/whitepaper

Exchange: https://www.probit.com/app/exchange/GREEN-USDT/

Facebook: https://www.facebook.com/Greeneum/

Instagram: https://www.instagram.com/greeneumn/

LinkedIn: https://www.linkedin.com/company/18425849/

Reddit: https://www.reddit.com/r/Greeneum/

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Greeneum

Renewable energy decentralised ecosystem and network