For many people, fighting carbon dioxide is an important part of life. After all, in theory, the transition to electricity derived from renewable sources, can solve the problem of global warming and climate change.

Zero Carbon Project is primarily designed for such consumers. Developers understand that the cost of green electricity is much higher than of that produced with fossil fuel. But coal or oil are burned to produce electricity, which leads to the emission of carbon dioxide into the atmosphere.

Zero Carbon Platform

To compensate for the difference in prices of "green" and "dirty" energy, Zero Carbon creates a market platform that has the following functions:

• collecting data of electricity suppliers contracts with prices;
• providing consumers with this information so that they can choose the most suitable option for themselves;
• use of internal Energis tokens to encourage customers, as well as to pay transaction fees when concluding contracts.

When developing the platform, the project team tried to fulfill the following requirements:

• There are a lot of companies on the electricity market and companies selling electricity need customers.
• All supplier companies have been certified and have access to coal offset loans.
• The main electricity consumers are households.

They can use a comparative analysis when choosing the price of energy. A slightly different approach applies if electricity is purchased by an enterprise.

In this case, a reverse auction will be used, involving the announcement of a price range and duration of the trading period.

Project's prospects

It is planned to expand the influence of the platform on the entire planet in the future. The team notes that about 80% of the world's population receives electricity in regulated markets, and they do not have the opportunity to choose their supplier.

Moreover, they announce a very ambitious task: To reduce carbon emissions in energy production to zero in 15 years.

Zero Carbon Platform

The project is based on the Ethereum blockchain, and this is directly related its to smart-contracts capabilities. Because of this, it is possible to issue tokens and reduce transaction costs.

By default, the contract fee is paid by the supplier. But the buyer has the right to cover it himself, then the power producer reduces his price.

All fees and bonuses are paid in Energis tokens. The platform spends up to 70% of the fee received for paying rewards for Zero Carbon Project participants.

Buyers can get tokens for:

• registration as a consumer;
• purchase of the first contract for the supply of electricity;
• consumption of electricity produced with zero carbon dioxide emissions;
• inviting new customers;
• distribution of information about the Zero Carbon Project.

Tokens are necessary for suppliers to pay fees for energy supply contracts, they can purchase Energis on cryptoexchanges, from buyers or holders.

Summary

Zero Carbon is a significant project for modern society and offers a conscious participation in improving life on the entire planet.

The platform has ready-made software for the electricity purchase by households in the UK. 16 energy suppliers are already involved in the project.

Open token sale began on May 1, 2018. Anyone can invest in the project after registering on the official website.

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