Bluenote - launched the world's first blockchain-based energy efficiency protocol

Introducing Bluenote

The Leading Blockchain Solution for Zero Emissions World

Distributing Data Intelligence Protocols to Focus on Reducing Global Greenhouse Gas Emissions

Global warming caused by carbon emissions is the biggest challenge for humanity, and enormous financial opportunities.

Buildings cause more than 30% of the world's carbon emissions, making it the largest source of carbon emissions because they consume around 60% of global electricity. More than 70% of all buildings were built before the first energy crisis in the 1970s, which created a large market to improve their energy efficiency.

Bluenote launched the world's first blockchain-based energy efficiency protocol. This creates a decentralized ecosystem that allows building operators throughout the world to learn from each other how to waste less energy through distributed intelligence data.

Problem

Getting the right data to make the best decisions about energy efficiency in buildings is difficult. A building’s energy use, operational and asset value data is rarely available. If it is, it is typically siloed in vendor hardware software products, walled off from one another in expensive proprietary solutions. Without easy access to data, building owners and investors have had difficulty proving how specific investments in building technology impact energy use and the bottom line.

Solution

Bluenote will pull these data streams out of buildings and standardize it through a distributed blockchain solution called the Bluenote Protocol. The Bluenote Protocol is an open-access, confidential network that enables simple data sharing, data services, and building analysis in order to unlock new energy efficiency strategies in buildings. The software based Bluenote Protocol can be used both with new applications and with energy technologies already installed in buildings throughout the world.

The Bluenote Protocol will utilize this blockchain technology to not only provide energy data that is more reliable and safe for its users, it will also enable everyone to use this data to develop better energy solutions. the Bluenote protocol has the potential to unlock more than $650 billion in value globally.

Making buildings more energy efficient has a number of key benefits:

• It generates an enormous direct and continuous cost saving by reducing their energy costs.
• These cost savings make buildings more profitable and therefore substantially more valuable.
• The non financial, but sustainability benefit, is that the increased energy efficiency greatly lowers carbon emissions

The BNOW Token

The Bluenote token is an ERC20-compliant cryptocurrency, utilizing smart contracts. which will be tradable under the ticker BNOW. Buildings and devices that integrate the Bluenote Protocol and share data are rewarded in Bluenote tokens. Buildings can then buy and use Bluenote tokens to purchase energy efficiency analytics, from application developers who use the Bluenote Protocol. 

BNOW’s Initial Exchange Offering

Bluenote has raised over $10 million among private investors and is now offering the general public the opportunity to support the project by purchasing its BNOW tokens. In the past year, many blockchain projects staged so-called public sales of tokens without a concurrent listing on a public exchange, increasing the likelihood of fraud and security problems.

In a new approach to blockchain financing, Bluenote has opted to conduct its public sale through an exchange to ensure proper KYC procedures, maximum scalability, and security. This public sale on an exchange is referred to as an Initial Exchange Offering (IEO) and will launch on a leading international cryptocurrency exchange in December.

The Bluenote project is making available a maximum of $10 million in BNOW tokens to the general public in the IEO. Of the total amount of tokens, 50% will be made available to the public and an additional 20% is earmarked to reward to real estate properties and software developers for their participation in building the global Bluenote network. The Bluenote team, the early investors and advisors have a 24 month vesting schedule of their tokens.
Advantages Establishing the Bluenote token as a cryptocurrency has several advantages: 

• Global. Buildings, software providers, lenders, and others can exchange tokens no matter where they are located or which fiat currency they otherwise use. 
• Smart Contracts. Through the smart contracts, software services can be self-executing, allowing a building to simply pay tokens, and share the location of its data streams, directly in the token transaction. 
• Automated transactions. As software services provide kickbacks to the buildings whose data they have used, the small payments can be automated and built in to the marketplace without human approval and intervention each time. 
• Allows transactions outside building budget cycle. Buildings often have challenges incorporating revenue into budget lines typically reserved for expenditures (operations), otherwise prohibiting payments for data sharing. Instead, buildings can use bluenotes for rapid and frequent transactions, gaining rewards and paying for services, inside the Bluenote marketplace, with limited transactions to and from the fiat currency that they budget in. 

TOKEN ALLOCATION

FUND ALLOCATION

For more information :

WEBSITE : https://bluenote.world/?utm_source=bounty

WHITEPAPER : https://bluenote.world/uploads/content/Bluenote-Whitepaper-04302018.pdf

ANN THREAD : https://bitcointalk.org/index.php?topic=5079953.0

FACEBOOK : https://facebook.com/bluenote.world

TWITTER : https://twitter.com/bluenote_world

TELEGRAM : https://t.me/bluenoteworld

Author: Feri577

Bitcointalk: https://bitcointalk.org/index.php?action=profile;u=907445

ETH: 0x3b5277640ae1e5d8f16266674b076ad22eed4f3a