REVIEW OF GREENEUM
CAVEAT
This write-up is for information purposes and not an advice or invitation for investment. There are risks associated with investment in financial assets and crypto currencies which the reader must consent to be conversant with.
Greenuem does not guarantee the accuracy of the information on their website and white paper. Investors are advised to consult financial and legal experts for professional advice. Therefore, the company will not be liable for any loss or damages incurred by clients due to their transactions in Greenuem platform.
Citizens and residents of Singapore and the United States of America are not allowed to join in Greenuem platform or invest in GREEN tokens.
INTRODUCTION TO GREENUEM
Greenuem network intends to improve the world socio-economic activities through the provision of optimized energy sources. They have fantastic blockchain technology mechanisms that will explore various energy sources like wind, solar, grid etc, and present the energy to the growing world population that needs energy supply for daily living.
Greenuem envisions the transformation of energy from the current centralized state to a decentralized state and all access to various sources of energy and also introduce Green energy to solve the challenges of centralized energy.
Greenuem has a management team of professionals with experience in financial assets, crypto currencies and energy management.
GREENEUM SOLUTION
Greeneum provides Green energy market solutions by building a unique multi-chain architecture.
These systems work together to achieve the aim of building a smart and efficient GREEN energy market. This is achieved through the following ways;
Energy Validation and Profiling
Solar Proof of energy transaction (PET). This bridges solar energy systems and Greeneum Network. It uses real time algorithm and proprietary automated proof of energy transaction procedures to validate energy production and usage.
Optimization and Management of Energy
Greenuem uses AI algorithms to build in-depth insights and accurate prediction of energy production, distribution, consumption and storage optimization. The algorithm operates at 95% accuracy for solar generation and monitors all real time projects.
This platform establishes trust and transparency by allowing energy market participants to trade energy freely in a secured decentralised environment built on blockchain, IOT devices, proprietary AI algorithms and more.
Monetisation of Data and Energy
Greenuem intends to monetize energy transactions through the introduction of the GREEN crypto token. It is an ERC 20 Etherum based token.
Recording Distributed, Transacted and Used Energy
The Greenuem network functions as a P2P trading system between the producers and users of energy.
Vision 2030: Financial Incentives to GREEN behavior.
The crypto community, power consumers and large energy companies will have the opportunity to set individual targets and KPI with the Greenuem network. These targets will be translated into GREEN quotas to be met each year.
GREENUEM TOKEN
Greenuem will issue GREEN tokens to the members of Greeneum network. The GREEN token is an ERC-20 Etherum based token.
Contributors to the Greenuem network can buy the tokens in support of the development of the platform.
The GREEN token is highly liquid, secured and predictable, traded on transparent blockchain.
GREENUEM ECOSYSTEM
These are corporate bodies and individuals of the Greenuem network who work together to achieve the optimization of supplying clean, affordable and secured energy through smart contracts. The members include;
Energy providers
Validators of the GREEN energy on the blockchain.
Grid Operators who are in-charge of transmitting of electricity on the national and regional levels.
Distributors who carry electricity from the grid to the final users.
Energy traders that trade capital and energy on the markets
Data sharers who share and trade data on the network.
GREENUEM also has affiliates who work together to promote green energy by convincing and introducing investors, producers and consumers into the network. They are paid commission for their efforts.
These affiliates are the energy providers, installers, users and other activists.
These affiliates and ecosystem members work in the following ways;
Validation of energy production
Management and optimization of energy usage
Monetization of data energy
Proper recording of green and non-green energy sources and usage through smart contracts and blockchain. This helps in monitoring real time consumption, for future predictions and minimisation of losses.
CONCLUSION
Greenuem is a decentralised blockchain technology platform that uses small smart contracts to enhance secured, cheap and optimized green and non-green peer-2-peer energy transactions.
They project solutions to the world energy challenges which include environmental pollution that causes diseases, inefficiencies in energy distribution and cheating of energy users through over billing, losses of revenue and energy as a result of mismanagement etc.
Their platform will link the users to many producers of energy through various sources and ensure secured transactions between the buyers and sellers through signing of mutual contracts and also at competitive prices according to the market forces of demand and supply.
Greenuem has a ERC-20 crypto token that is based on Etherum platform which is one of the best crypto Exchange platforms. It will enhance the liquidity of the token and easy transactions on Greenuem.
USEFUL LINKS
Website: https://www.greeneum.net/
Telegram Group: https://t.me/GreeneumNetwork/
Telegram Channel: https://t.me/GreeneumNetworkChannel
Twitter: https://twitter.com/GreeneumNet
Whitepaper: https://www.greeneum.net/whitepaper
Exchange: https://www.probit.com/app/exchange/GREEN-USDT/
AUTHOR'S DETAILS
Bitcointalk Username: Onyeagwaojoo
Bitcointalk Profile Link: https://bitcointalk.org/index.php?action=profile;u=2890534