Greeneum System – Investing in Clean Energy
Introduction
The use of fossil fuels for energy generation has sustained humanity for many decades and it is still predominantly the primary source of energy in several regions of the world. While this source may have been effective over the years, the environmental effects and pollution limit the use in this present age. Researchers and experts have discovered an improved method of generating energy, which is cleaner and safer. These energy sources are majorly from renewable sources, and the sun is the principal source. With such development, numerous companies and investors are channeling resources into the clean energy industry.
While these businesses and companies are venturing into clean energy markets, the majority of their projects are progressing insignificantly despite the adoption of innovations and technologies. We can trace this reduced growth to the centralized systems on which most of the projects are put together, as well as the dearth of required demand from consumers and incentives to motivate producers. About a year ago, there has been a global shift to generation and supply of renewable energy, which is sustainable.
However, this sustainable medium requires the incentives and capital to produce optimized clean energy. This is where the Greeneum Network comes into play; it is the foremost trading platform and blockchain technology-based clean energy investment, and through its network, it supports the market with funding.
Greeneum is developing a reliable, accessible, and protected platform that will support data trading in several projects, which will include wind, solar, and hydro. This network will likewise establish a manufacturing optimization that will become useful and fully effective during demand variations. With the quality offerings available on the Greeneum platform, its investors and stakeholders staunchly believe that it is the driver, which will transform the industry and bring a halt to the world’s dependence on harmful and non-green sources, especially fossil fuels. Greeneum developed its security level on the blockchain of Ethereum Network, which improves the privacy and confidentiality of information and transactions within the network. Agreements and smart contracts developed on the network are stored on the distributed ledger and this ensures that the transactions and trades are secure and accessible at all times.
The major systems on the Greeneum project include the Global Data system, Trading system, and Global Monetization system. The data system will enable the transfer of energy information across cross borders using smart contracts and blockchain technology. This enables the platform to verify data from both green and non-renewable related energy sources, and the trading of such information on the network, once it is verifiable.
The trading system will automate the purchase, sale, and swapping of Green tokens. Greeneum will also enable a P2P trading feature on its network, to exist between energy producers and users.
The monetization of Greeneum adopts a digital asset, referred to as GREEN, which is a globally accepted cryptocurrency introduced as a medium of exchange for transactions. It is an ERC utility token and is compatible with ERC digital wallets. The adoption of the GREEN token will transform the documentation, distribution, transaction, and usage, and channel the operations in the energy market towards a more reliable, efficient, and successful industry.
USEFUL LINKS
Twitter :https://twitter.com/GreeneumNet
Website :https://www.greeneum.net
Facebook :https://web.facebook.com/Greeneum/?
Instagram :https://www.instagram.com/greeneumn/
Reddit :https://www.reddit.com/r/Greeneum/
AUTHOR'S DETAILS
Bitcointalk Username :Cablestand
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