ZERO CARBON PROJECT -Tackling Climate Change using Blockchain
Zero carbon project aims to provide consumers access to zero carbon emission energy contracts in their jurisdiction and the ability to switch between providers of Zero carbon energy. Climate change is a big problem the world is facing and solution towards it will create a good impact if solved.
Green energy being an answer to that but is quite expensive in today’s market making people not to have the feeling that their contribution is actually creating a difference.
Zero carbon project intends to solve these problems by making people feel like they impact a difference and also making green energy appear less expensive and a lot cheaper than fossil fuel.
Zero carbon market can deliver a quicker reduction of carbon emissions by beating both renewable energy and fossil fuels contracts on price. The project plans to rewards consumers with Energis token for consuming zero carbon energy provided through contracts listed on the market. The Energis can be traded with other customers using third party crypto exchanges supporting Energis token
The Zero Carbon Market
Zero carbon project is aimed at tackling climate change using Blockchain and international carbon credits.
This project has two parts which is to: deliver energy at a lower price than existing renewable and fossils energy contracts, and to entire people to use zero carbon project and encourage consumer’s action.
This project is designed to capture the future value that customers receive from our market. This project is mainly concerned about climate change.
Zero carbon project can tackle change by immediately impacting carbon emissions which provides a quicker material impact than just providing renewable energy which may require several more years for mass adoption.
Zero carbon project goals are to have an immediate and material impact on global carbon emissions. It has been designed into two part solution which is to deliver at a lower price energy contract and Energis token as a reward mechanism to provide the catalyst for change.
There will also be trading of Energis token between customers through crypto exchange.
Blockchain is needed by the zero carbon project to tackle climate change because it allows the zero carbon project to create a valuable Energis token which can be provided to energy consumer as reward for engaging with the zero carbon platform. Blockchain provides the smart contract facilities to program token - based ruled so that the token holders can be confident that their rights over potential future utility value are effectively captured.
The Zero carbon project aims to roll-out markets in other competitive electricity markets.
This platform will be available for both businesses and individual consumers. The market will also provide business consumers with an online reverse auction feature.
Zero carbon electricity purchased across market could save 19% compared to renewable energy of 6% less than fossil fuels sourced electricity.
Zero carbon project a market for consumers to switch to zero carbon contracts, while reducing energy costs.
The vision of this project is to work with energy consumers, in particular from the
Crypto -community. Registered consumers have signed up to receive Energis reward for purchasing zero carbon energy contract that are listed in our market.
Energis is an ERC-20 token and designed on Ethereum Platform.
Zero carbon market will use smart contracts on the Ethereum blockchain to settle transactions involving Energis token.
Modular smart contract architecture has been designed to reduce security risks, to allow for incremental development of the infrastructure and simplify upgrades.
The Energis token smart contract is based on the Etherum standard specification.
Zero carbon will distribute Energis token to consumers wallet address on a monthly basis.
Conclusion
Zero carbon has a solution to tackle climate change which would make an immediate impact because it is competitive on price outcome and globally scalable.
It advances energy market democracy by working in partnership with their customers who are energy consumers in the crypto community.
Zero carbon project is different in the sense that it provides a competitive market for competing energy suppliers offering different innovative ways to provide cheaper zero carbon energy.
Our approach towards tackling climate change is more effective and innovative because we can make an immediate impact and scale quickly to deliver lower price than our blockchain competitors.
The zero carbon project was established by a group of energy market professionals who were passionate about tackling global climate change through the application of new technology. The purpose of this project has been seen to come to a partial accomplishment.
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