GREENEUM NETWORK

 

Clean & Green Energy

Energy transitions are starting to occur around the world. According to data compiled b Bloomberg NEF, there are 10 million electric buses circulating around the world and the number continues to increase. Head of Research for APAC Bloomberg NEF, Dr. Ali Izadi, said that the data on the increase in the number of electric buses is directly proportional to the increase in the trend of renewable energy in the future.

and by 2055 renewable energy from sunlight and wind will dominate the world, In the next five years, renewable energy from the sun and wind will start to come on track, “said Ali. Therefore, Ali said that in the last six months there has been a rapid change in the energy market in the world. Countries around the world must make an energy transition from now on.

The increasing trend of world interest in renewable energy has an impact on coal demand in Indonesia. The Executive Director of the Indonesian Coal Entrepreneurs Association, Hendra Sinadia, said that currently Indonesia’s coal export demand is still promising in Southeast Asia and East Asia. However, in 2019, that demand has reached its peak.

What is Greenum?

Greeneum Network, a rewarding decentralized marketplace that connects people, companies and organizations working and acting for a sustainable future and for being environmentally friendly. Greeneum’s innovative data and technology powers to facilitate and accelerate the global shift to renewable energy used by the Greeneum Network.

Greeneum Network and the Stakeholders

This will be used by Greeneum’s digital assets associated with highly viable green energy projects to generate returns that optimize high electricity and grid yields, and in turn ensure high returns on investment.

It is estimated that by the end of 2020, more than 26% of the world’s electricity supply will come from sustainable energy sources. Greeneum can help to streamline this change and make it more efficient and beneficial for all those involved in Global Energy

In this area of blockchain technology, the goal and mission of the Greeneum Network is to leverage machine learning and to monitor and reward efforts to reduce and limit Humanity’s carbon footprint. in blockchain technology Greeneum and the smart contracts built on it also create a highly trusted and precise peer-to-peer framework for recording, managing and trading emissions-reducing green energy and data.

The energy transaction proof and protocol (GreenPET) together with the validation API offered by Greeneum, can help optimize assets as well as facilitate peer-to-peer energy trading, and provide an avenue for building secure decentralized applications known as DAPPS. This company can generate green energy can connect to the Greeneum network blockchain via Greeneum API and can start energy trading. and in addition, Greeneum also offers its investors an attractive and credible investment opportunity through a green energy market that can help Global Energy

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 PLATFORM

The platform consists of three parallel and connected systems

Greeneum Global Data system

The data system is global and operates on the Greeneum blockchain network. The system records validations on the blockchain. The validated data goes to AI processing to generate predictions and insights. If a producer of GREEN energy sends valid data to the system, they will receive a GREEN Certificate for clean energy production. GREEN certificates can be used to convert to Greeneum tokens in the Greeneum Energy Trading System. Carbon Credits and GREEN Certificates will be validated, monetized, and globally traded.

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.

The Greeneum Network Token

Greeneum issues Ethereum-based tokens of both utility and value. This token is very useful and serves two purposes. The first is that it allows access to the Greeneum network and is used to reward green energy and energy data production, and can also be used to purchase various services and products from the Greeneum Network network market which already has thousands of products and services. and will launch soon.

Roadmap

For More Information Click Links Bellow: 

• Website: https://www.greeneum.net/
• WhitePaper: https://www.greeneum.net/whitepaper
• Twitter: https://www.greeneum.net/whitepaper
• Exchange: https://www.probit.com/app/exchange/GREEN-USDT/
• Telegram Group: https://t.me/GreeneumNetwork/
• Telegram Channel: https://t.me/GreeneumNetworkChannel

Author: KHAN SHIQ QHEIL

My Bitcointalk Profile: https://bitcointalk.org/index.php?action=profile;u=2550289