Greeneum Network and Renewable Energy

BLOCKCHAIN AND RENEWABLE ENERGY

Blockchain, that underpins the Bitcoin virtual currency, is changing the Renewable Energy Industry, for the better, and it’s what’s known as decentralised ledger technology. Blockchain enables a transaction between two parties, but bypasses the need for a third party, which exist to establish trust between the two – and are paid for the privilege.
How does this affect the renewable energy industry and energy transactions? Thus, it will let people trade energy amongst themselves, putting control into the hands of those consuming energy, rather than purely those who supply it. This, in turn, creates a drive towards more renewable energy projects: wind, solar and hydro producers can easily connect directly with investors – a distributed system, it allows for the middleman to be removed.As well as this, Blockchain technology lets energy producers make more money by issuing energy tokens that can either be consumed or resold, creating a clean, multidimensional grid.Blockchain technology, therefore, creates a decentralised energy sharing economy, where power can be exchanged between peers, stabilising the grid. Blockchain technology will allow for a more secure, cost efficient, low carbon grid – forging a stronger path towards a zero-carbon world.

►##### What is the renewable energy market size? #####
The market for renewable energy is expanding rapidly. Renewable energy has represented the majority of new energy installations since 2015. Global trends in renewable energy investment. This is significant paradigm shift in the industry. Investment in renewable energy has grown at a rate varying from 10-60% annually since 2004. The rate of growth for 2016 was approx 16%.

GREENEUM NETWORK

The Greeneum Network is devoted to accelerating the worldwide transition to clean energy and sustainable technologies using Blockchain and customised 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.
Greeneum Vision is building a burgeoning GREEN energy market that is smart and efficient via a financial assets and technologies that will make it easy to exchange
values of renewable energy. Additionally it will support investment through traceable, secured and clear measures in renewable energy similar to the oil markets.

How does it want to do this?
By building a unique multi-chain architecture, Greeneum delivers a market ready solution for GREEN energy markets. The platform comprises three parallel and interconnected systems. And these render the Greeneum platform capable of managing global and local levels of data and energy and monetizing them in a GREEN energy market.
Greeneum envisions creating a GREEN energy market that is smart and efficient. Following the vision, Greeneum is building financial assets and technologies that will make it easy to exchange values of renewable energy. Additionally it will support investment through traceable, secured and clear measures in renewable energy similar to the oil markets.
Greeneum will accelerate the growth and facilitate greater efficiencies for the integration of renewable energies into our core behavior.
Greeneum utilizes blockchain and customized AI in order to provide a proprietary solution for optimizing the energy management for micro grids. Its customized AI algorithms generate precise energy demand predictions that allow micro grid 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.

GREENEUM NETWORK RESOURCES

About the Author

Joseph Johns is a successful Emergency Medicine Physician and an ardent cryptocurrency and Blockchain connoisseur

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