Hive Power ICO

in ico •  6 years ago 

Hive Power: A bee swarm on guards of the electric power

If all rating services amicably begin to support the project and its ICO giving marks not less than 4.5, and even all 5, it can mean only one – his idea is really perspective his realization the team of the real experts is engaged and following the results of development of the platform it will be released really useful and successful platform.

Today we speak about Hive Power – the project which is directed to the solution of one of the most current problems of today – the environment and electricity consumption. We will try to tell you more about that in what the idea of the project and as the platform created in his framework will function consists and also we will talk about need for purchase of tokens of the project to its participants and about possible methods of application of the solution of Hive Power in practice.

Idea of the project

Hive Power – the project within which will are created local power communities on the basis of technology a blockchain and smart contracts. Creators have decided to compare these communities to bee swarms therefore each of them will be called Hive (beehive) in which as in the real beehive will function working (Workers) and the queen (Queen).

Granting to users an opportunity to tokenizirovat the electric power thanks to what her will become the purpose of creation of Hive Power it will be possible to buy and sell saving the means on low tariffs and keeping the assets. The main clause in that to use not several big sources of the electric power and several small. So let's understand who such workers who such queen and as they interact within Hive Power.

Working are the specially made electric counters on the basis of smart contracts which will also be called smart counters. They are connected to the user equipment connected with consumption and electricity generation – to separate devices to family farms to the systems of storage (accumulators) to solar power stations and so on.

Task of workers – to provide the interface between the user and electrical network measuring volumes of consumption and electricity generation interacting with the system of the open auction and also doing forecasts for future consumption and production.

Together all workers make a beehive (Hive) but in him there are also two other participants – the administrator and the queen. The queen's task – coordination and collection of information about consumption and electricity generation and also collecting forecasts and management of all payments of participants of community (beehive).

The administrator – that participant of community or a so-called beehive which is engaged in the management of a local electrical network and Ethereum smart counters installed within the platform. It is in the future planned to replace this participant of system with smart contracts.

Interaction within a beehive which actually is the distributed platform on the basis of smart contracts happens by means of the smart contract under the name Beekeeper (Bee-keeper) and two applications – one user for workers (User App) and the second – administrative for administrators (Admin App).

Through Admin App the administrator of community creates and adds new workers and smart counters monitors statistics of consumption and electricity generation, compares forecasts and workers use User App for viewing of electricity consumption by community of quantity of the saved means in comparison with standard tariffs statistics of operation of the counters and also for management of the means.

Relevance of the decision

In spite of the fact that emergence of new technologies of more perfect electric devices of cars and smartphones – it the positive moment at this medal is also the second party – the huge growth of electricity consumption. Nevertheless the mankind tries to deal with this problem.

In this regard along with traditional sources of the electric power as hydroelectric power stations, nuclear power plants, gas and coal even more often began to appear alternative energy sources as solar batteries and power plants and also wind stations.

The statistical year-book of world power of Enerdata has published the list of the countries with the largest volumes of electricity consumption for 2016. China with 5,219 ТВт*ч, the United States with 3,867 ТВт*ч and also India, Japan and Russia became them.

In this regard creators of Hive Power were going to seize the technology opportunities a blockchain and smart contracts to give to users an opportunity to create communities for the purpose of reduction of quantity of the consumed electric power and reduction of tariffs.

Why to participants tokens?

Tokens of the Hive Power platform will be called Hive Token (in abbreviated form HVT). These are standard tokens of ERC-20 from Ethereum which are necessary for each of potential participants of the Hive Power platform who want to become participants of a beehive, workers, the queen or the administrator.

It will be possible to get HVT tokens only in the period of a kraudseyl from June 12 to June 30 this year and with rather big bonuses therefore if a certain community needs to create own beehive to control production and electricity consumption it is necessary to get tokens as soon as possible and harmoniously bonuses depend on the number of the acquired HVT.

As an electric power payment method within the platform tokens of HVT won't be used they in essence are investment that is volatile and unstable. If today token cost one and tomorrow another and the same token is applied to electricity payment then the purpose which before itself is set by the Hive Power team won't be reached participants won't be able fully to save on electricity rates.

In this regard as a way of implementation of payments through the platform stable cryptocurrencies (stable coins) will be used which keep stable market value thanks to the self-regulation mechanism. The Hive Power platform will support the most different stable cryptocurrencies but the first DAI will become unambiguous – the first in own way stable token the market value of which is exactly $1.

Methods of application

Creators of the Hive Power platform have provided three ways of use of the platform in the technical documentation in practice therefore we will try to tell about each of them briefly.

Communities of self-consumption

The first way is a creation of communities of self-consumption – Self-Consumption Communities (SCC) the main feature of which is economic and power independence. The house with the solar batteries installed on a roof will become one of the most striking examples of such communities. Inhabitants don't need the centralized receiving the electric power therefore develop it independently avoiding high tariffs.

At night naturally when solar batteries have no place to take the electric power it is necessary to use the centralized sources but for example in sunny summer day when the electric power is made more than consumed excess energy it is possible to sell gaining additional income and saving on tariffs using possibilities of Hive Power.

Micronetworks

The second option of use Hive Power is a start of micronetworks. It some kind of combinations of the power equipment and alternative energy sources which together create an electrical network. Such micronetworks are used mainly in such regions of the planet in which there are obvious problems with electricity generation and tariffs therefore the population is forced to use similar decisions.

Micronetworks are divided into two main types. The first – industrial which on a bigger measure are used in commerce and military bases which have to function even in case of interruptions. The feature of such micronetworks is that the enterprises can function as it is autonomous with their help and by means of the centralized sources.

The second type of micronetworks – remote. They are used in those regions in which there are certain difficulties with the electric power. A problem of Hive Power – as much as possible to optimize work of similar networks to make them really available.

Distributive network

The last from methods of application of the solution of Hive Power in practice – distributive electrical networks. These are the low-voltage networks connected to local networks and are intended generally for small territories of service. Perhaps this example of use of the solution of Hive Power will also become the most chastoprimenyaemy.

Private houses with own power equipment and the controlled equipment as boilers and the autonomous systems of heating which it is necessary not all the year round but only during a certain season or time of day belong to similar distributive networks first.

Besides distributive electrical networks are used in commercial buildings offices and shops and also on small industrial facilities factories and the plants.

Thus the solution of Hive Power will find the application and here. The house and shop or the plant more precisely its inhabitants and workers will be able to become community within the platform both and can even the whole areas, settlements and towns. Forming own a beehive and defining administrators they will be able to use the convenient Hive Power mobile applications to control both production and electricity consumption.

Thanks to it users from the most different corners of the planet especially those which have problems with the electric power will be able to reduce the tariffs for electricity having become independent participants of the decentralized electrical networks.

Links:  

Website:  www.hivepower.tech 

White paper:  whitepaper 

Telegram: https://t.me/hivepower 

Twitter: https://twitter.com/gianlucacorbe

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

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