KWHCOIN - Renewable Energy Cryptocurrency

tatsu (25)in #cryptocurrency • 7 years ago

What is KWHCOIN?
KWHCoin is a blockchain-based solution for a cost effective and network incentive based structure to help shift from fossil fuels to efﬁciency and renewables. All transactions on the network are executed in KWHCoin's making it a viable digital currency for the emerging internet of energy.

KWHCoin is the native token for a decentralized application where prosumers, consumers and other distributed energy resources can connect and conﬁgure their energy resources.

The KWHCoin represents a kilowatt hour (kWh) of deliverable energy output or equivalent that was generated and distributed as part of work that occurred on our platform.

The KWHCoin is a digital currency backed by a kilowatt hour of electricity that aggregates the energy usage data of distributed energy resources. Any upstream value is automatically paired into a digital wallet and payment is in KWHCoin.

KWHCoin's Mission

KWHCoin is a digital currency...
that converts renewable distributed energy resources to digital tokens on a unique blockchain. The energy generation used to back KWH tokens are generated from numerous renewable energy sources including solar power generators, solar communities, microgrids, electric vehicles, energy storages, wind energy, and hydroelectric power generators. All energy that is converted to KWH tokens is generated through 100% clean renewable energy.

Our Goal and Vision
KWHCoin is building an application that will provide network participants with a platform to trade, exchange, donate and democratize the value of two-way generation on power grids worldwide.

Our decentralized virtual global power company will be peer to peer and will use the internet as a digital rail to deliver clean localized energy to all members of the network, without the need of a trusted third party or centralized power. We will not use any forms of energy that primarily come from fossil fuel production in our conversion process.

Our team will leverage blockchain technology and smart contracts to build a decentralized network of distributed clean energy resources. The Grid network will use software and cooperation between peers to provide a global virtual power company. The execution of power generation and the distribution delivery of clean electricity will be fully decentralized. Once complete, our borderless, peer-to-peer virtual power grid will operate seamlessly, with no obstructions, and with a zero carbon footprint.

Our mission is to lead the change in supplying humanity with clean energy. With support from clean energy advocates, nations, companies and charitable organizations we plan to provide a viable solution for the 1.2 billion people who currently lack access to energy. The Grid will provide 100% clean, renewable energy, direct from solar and distributed energy resources, that access all renewable elements.

KWHCoin and The Grid will provide an alternative marketplace for the exchange of clean energy; providing a model for a decentralized, network owned energy company of the future. In Africa and southeast Asia there are currently almost 2 billion people living without daily access to electricity, but with Our investment microgram development and the ICO donation structure, we aim to provide people with an opportunity for change.

Our renewable energy platform will be deployed this year, encouraging sustainability and the emergence of a distributed clean power grid on a global scale.

Values
Openness and Inclusion are our mantras. As a community, we want everyone from all walks
of life to interact and participate with us on some level. As people show their capabilities,
they will be given the opportunity to work their way toward the core group. We support the
open communication of information as we will operate an open-source platform with access
for all.

● Emergence and Agility - At KWHCoin there are no titles, no positions, no job
descriptions, no interviews, and no limits. Our team has an insatiable enthusiasm for
the mission and a willingness to collaborate for the good of the project. In general,
there will be very few specialists and many generalists. We believe everyone has
something to offer and that a fresh outlook on a new area can often prove fruitful.
Emergence means people rise to take the initiative and achieve beyond expectation,
but does not imply full consensus. Agility relates to our ability to think and understand
quickly and apply this to market trends.
● Humanitarianism - We believe that we are global citizens all living on the same
planet, and there is a common denominator that connects us all. We want to change
the world through humanitarianism by removing barriers to access that impede the
improvement of the human condition. We are humanist, and we believe in peace and
prosperity for all humanity.
● Social Consciousness - We believe in creating a dynamic and thriving online
community, and want to build a decentralized hive mind of people working toward
the goals of the project.
● Systematize - To systemize means that we intend to get information out of people’s
heads and into systems. We believe in being fanatic about creating systems and
software around any repetitive work. Many of the companies that have inspired our
mission work with this belief.
● Education - We want to teach the world about blockchain, the same way Internet
pioneers taught the world in the 1990s. We are dedicated to learning and sharing what
we know.
We strive for internal and external education. Our team wishes to work towards educating
companies and governments on the blockchain revolution. We recognize that answers do
not breed innovation, rather questions and a spirit of continuous inquiry.