Greeneum
3 min readSep 1, 2021

The green energy network

GREENUEM IN BRIEF

Greenuem is an unprecedented AI algorithm technology network that is created to give solutions to the challenges facing the energy ecosystem in the world. The company has a community of individuals and corporate bodies who will work together through blockchain and smart contracts on internet devices to explore various producers and consumers of energy in order to optimize the energy sector.

The energy sector is presently centralized and faced with many challenges due to the increasing demand for it by the surging world population and economic activities. This has resulted to inefficiency and losses of energy and revenue. There is a need for decentralization of the energy design so as to improve the energy conditions.

Greenuem will provide a decentralized energy market that will enable production of energy from various sources like solar, wind, grid etc and present a mechanism that will give accurate real time energy prediction which will help to reduce energy wastages, give efficient service to energy users and reduce losses of revenue.

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GREENUEM COMMUNITY

The Greenuem community is made up of various individuals and corporate bodies who work together in the Greenuem network to help to realise the vision of the company which is the provision of secured decentralised Green and non-green energy and the optimization of a global energy system. These members are;

🔷Energy producers

These are providers of energy from various sources like wind, solar, grid etc.

🔷Energy Validators

These people prove and profile the amount of energy produced on the network chain.

🔷Energy Transmitter

These members transmit energy from the producers to the distributors.

🔷Energy Distributors

The distributors are the final members in the energy circle. They distribute energy to the end users, both companies and individuals.

🔷Energy Consumers

These are the end users of electricity. They are the target of the the Greenuem network.

🔷Data Traders

These are members who share their data with the Greenuem network.

🔷Energy Traders

These members trade energy from various sources on the network. They create energy by themselves and trade on the Greenuem network.

The Greenuem community members perform the following to ensure the realisation of clean and effective energy usage;

🔹Validation and Profiling of Energy

This is the daily confirmation and recording of energy produced on the Greenuem network. This is done through automated proof of energy transactions (PET), mostly in solar energy.This bridges solar energy systems and Greeneum Network.

🔹Optimization and Management of Energy

One the challenges of the current energy system is inaccurate energy prediction which leads to inefficiencies.

Greenuem community will use AI algorithm technology built on blockchain and internet devices to make 95% accurate energy prediction on its network. This will give proper energy management and efficiency.

🔹Monetisation of Data and Energy

Greenuem will allow energy trading on its network through the introduction of the GREEN crypto token. It is an ERC 20 Etherum based token.

This will facilitate the P2P trading system between the producers and users of energy.

GREENUEM AFFILIATE

The Greenuem network has partners and affiliates who contribute in various ways to promote the advancement of the network through exploration of different energy providers and users, bringing investors to the network etc.

They are paid an agreed stipulated commission for their contributions.

GREEN TOKEN

GREEN token is the basic token that will be used in all transactions on the Greenuem network. It is an Etherum based ERC token.

Investors in the network are given GREEN tokens as well as the community members.

Greeneum
Greeneum

Written by Greeneum

Renewable energy decentralised ecosystem and network

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