SIMMITRI | With solar power technology
Simmitri (SIM) is an energy industry built for the future. Born in an elite solar company, now known as Simmitri (simmitri.com), with a mission to restore the "balance of power" and continue to build their strong community relationships as we move forward into the 21st century. SIM is an economic bridge that will track such relationships quickly and provide an autonomous and decentralized network with artificial intelligence (AI), which is the Internet of Things (IOT) communicated and examined by chain block technology.
SIM is a cryptocurrency token generated in our "SimBox" to bundle power between consumers, prosumers, innovators, and utilities. Each device acts as a node in our network - we call it object energy - whereas SIM provides a currency that rewards users for improving building performance;
The energy savings in the building generate negative "negawatt" hours kilowatt-hours, which are converted into automatic problems of SIM tokens that can be used for your economic gain. You can program SimBox to show manual controls, or the built-in AI software can automatically meet your energy-saving needs while focusing on better things in life.
Either way, SIM provides consumers and prosumers with incentives to reduce their energy consumption, distribute it to those in need, and lighten the trail that we all leave behind in nature.
Pay Attendance Platform will use Smart Contract on Ethereum Blockchain to improve Ai transparency and automation. Because blockchain is used to store information about user and household power consumption per device, then blockchain also runs parameters and initiates various gamification actions based on performance. Users can instantly earn respectable revenue and convert their crypto currency into Fiat currency and instantly transfer it to a debit card
Excellent customer service data The collection of data points from more than 4,000 customers is the most important to get into artificial intelligence as a new service from Simmitri. When analyzing user behavior data with other energy forecast data points, such as Time, weather, location, provider and more, data shows us best practices for conservation or energy production. It provides a comprehensive energy analysis that enables participants to systematically achieve the greatest rewards
Simmitri Token Economy
Put AI in the Electric Pallet The Smart Box - powered by our artificial intelligence Simi - makes the SimBox a synchrophaser, a smart meter and a crypytocurrency mining rig all in one. The Ai measures the flow of electricity through the building in real time, allowing users to manage and avoid inefficiencies. The sensors across the network communicate with the grid and modify electricity during peak times, relaxing the workload of the grid, lowering prices and compensating our customers.
Creating a platform that rewards participants for saving and generating electrical energy.
Market Analysis
Investment in Grid Modernization
Utilities, innovators and consumers are aware of the dated infrastructure that is our grid. Momentum from US public programs have become mainstream for not only incentives and tax credits, but also stimulus grants issued to solve the burden of modernizing the grid as well as implementing unique, new innovations that prove to help with reliability and sustainability. $3.4 billion was managed by the Office of Electricity Delivery and Energy Reliability (OE) in recent years to help the overall grid industry in reliability and efficiency efforts to help accelerate the deployment of advanced technologies similar to that of which Simmitri develops. Additionally, the Department of Energy (DOE) has joined the movement in 2016 with the Grid Modernization Initiative (GMI), an effort to create strategic alliances to help solve reliability issues through a consortium of industry experts and leaders.Investment in Blockchain + Energy
Over the past year: $324MM has been invested in blockchain projects in the energy sector. 5 There are currently 122+ companies working on combining blockchain into an energy market in the United States, and an additional 40 projects internationally. Simmitri is unique in this group of innovators as we are creating the only AI-powered blockchain in our energy solution. In saying that, there are currently only a handful of energy coins that have paved the way for investing into these platforms on exchanges. SIM Token will be among one of these.Key Market Drivers
The smart grid market is on pace to grow 15% within the next two years. The investments that are flowing into the technology that manages energy consumption and improves building performance is the key driver for this market . The other primary driver is customer 6 engagement. Never before in the history of electric management have consumers become so engaged in this sector.
Now, consumers are being proactive and purchasing HEMS products that they can communicate with as to what their energy wants and needs are to help serve themselves, their neighbors and the overall grid more effectively.
Another large factor to be considered in driving the smart grid market is the need for distributed energy resources (DERs). DERs were introduced in recent years as the adoption of solar and storage became more prevalent in residential markets. Now, the smart grid can depend on a small percentage (roughly 10%) of consumers to generate their own energy from their own investments and act as an active participant in not only creating enough power for their own building, but can now sell back energy to the grid.
Smart Grid Energy Problems
Market Segment Challenges In the utility industry, sluggish solar growth is expected to continue in 2017 and 2018 before potentially rebounding in 2019, as utilities focus on projects to come online in 2019 or later. Some projects have been delayed, as potential customers have hesitated to sign power purchase agreements until the trade case is resolved. The commercial sector appears to show long-term potential as energy managers across a variety of industries become more educated about solar opportunities and as more efficient financing structures emerge.
Consumer Specific Issues
Consumers are restricted from conducting their own real-time energy audit. Furthermore, they are unable to review custom energy efficient options per device from the audit and are bound by the rules and costs of the utility company. Finally, consumers are not in centivized appropriately to become energy efficient. However, consumers are interested in controlling their energy costs.
Utility Company Adoption Issues
As utilities face disruptive change on a number of fronts, they are seeking to transform their business models in order to adapt to shifting market trends. But while utilities know their current models need to change, it’s easier said than done. Utility executives’ attitudes about business model reform have remained relatively constant over the last year. For the second year running, state regulatory models and integration of emerging technologies top the list of obstacles to the evolution of utility business models. Consumer costs and internal resistance to change again rounded out the top four, though respondents were more concerned about the cost of change this year than last. Utility business model reforms are overseen and facilitated by state regulatory commissions, making it unsurprising that respondents have consistently identified them as an obstacle to change.
Simmitri Network Solution Distributed Energy Resources (DER)
Distributed energy resources (DERs) are electricity-producing resources or controllable loads that are directly connected to a local distribution system or connected to a host facility within the local distribution system. During high energy demand times and when the grid is stressed, the 19 utility company sends the Simmitri Cloud a request for its aggregate of customers to cut consumption as a demand response initiative.
Simmitri provides the tools for current utility and government energy savings to programs to be more efficient and effective by significantly affecting the timing imbalance between peak demand and renewable energy production, also referred to as the “duck curve.
Home Energy Management Systems (HEMS)
In our research, we found that the only true way for customer/utility/innovator synergy and to efficiently distribute energy throughout the entire building from one standard (no matter what brand(s) the user chooses) was to update the electrical load panel and usher it into the 21st century. In this effort, Simmitri essentially began to create its own HEMS (or BEMS) product, calling it the “SimBox”. This smart box is what was needed in order to allow consumers to still enjoy the HEMS services they prefer, meanwhile using the 3rd party data to integrate via an application programming interface (API) to analyze and prepare for more smart home energy scenes.
The SimBox connects to the smart plug or any HEMS device determining the parameters needed to be energy efficient. The data is absorbed from the devices backend database and is used to determine power supply. If parameters are met and smart contract is executed, the user receives SIM as well as gamifying their profile.
Simmitri Cloud Exchange
Simmitri is now in a position to facilitate an economy in which conservation, generation and demands interact efficiently. The growing energy market trend is in a peer-to-peer, decentralized model whereas consumers can participate in a trade economy to satisfy their energy needs. As we identify projects who create exchanges for consumers to buy and sell RECs and carbon offsets, the advantage of Simmitri would be in the solution of a more automated trustless system which the blockchain solves.
Simmitri Hardware Simmitri leverages three primary hardware solutions in this economy. Starting with the electrical load panel, the “SimBox”, runs an ongoing energy audit of every circuit and possible distribution point sending a signal through the circuit wires and reads a unique electrical signature of each circuit, similar to a fingerprint. The smart socket “SimSocket” then sends feedback to the SimBox. This is to establish a grid to be monitored and subject to advanced automation. The Simmitri Power Station, or “SimStation” is an added microgrid power station that allows you to produce electrons and send it back to the grid. These products will learn and automate the most efficient and effective ways to produce Negawatts by managing electrical consumption in real time, which is beneficial for demand reduction and grid stabilization.
SimBox As the goal of the MVP is to showcase the product at a minimal cost and have actually working product which could showcase the token usage and utility, this is the initial high-level architecture we propose for the platform.
The SimBox proposed technical functions will be:
Acts as a mirrored electrical panel that audits all energy-demanding devices in the building.
Receives communication from smart HEMS and IoT devices as to the identity of the device to further analyze the importance of what is a need or a want.
Responds with electrical feedback to the devices with needed power supply.
Collects and stores data from each device in the smart meter.
Runs the AI and blockchain protocols to ensure energy efficiency standards.
Stores private keys safely in the hardware storage of the device.
Act as the gateway to the Ethereum Network, reading the data from the Blockchain and tracking wallet balances.
Enable users to transfers their SIM tokens from wallet to the cloud exchange.
Exchange their earned SIM tokens to other cryptocurrency or fiat currency and transfer it to his account.
The SimSocket proposed technical functions will be:
Separate individual plug in sockets as multiple portals for energy flow.
For light sockets, allow for bulbs to be harnessed.
Consume data by “pairing” to a smart plug or IoT device.
Relay data back to Simbox.
Consume sensory data (video, audio, location, temperature, etc.) if desired
SimStation For Prosumers, a storage device could be implemented to store and transfer renewable energy from a solar panel or other means to effectively participate in the economy as an energy generator. This high-performance power station comes equipped with connections for multiple energy sources, pairs with multiple microinverters and processes storage at a fraction of the cost.
Artificial Intelligence | Simi The smart box powered by our artificial intelligence Simi makes the SimBox a synchrophaser 26 on steroids. The AI measures the flow of electricity through the building’s grid in real time, allowing users to actively manage and avoid disruptions and detect inefficiencies. The sensors across the network would communicate with the grid and modify electricity use during peak times, thereby relaxing the workload of the grid and lowering prices for our consumers.
For the network, we're delivering more than just machine learning, but advanced, human-like AI protocol. Simi will begin her life with behavioral modification through machine learning, proven to be great for regression (prediction) and classifiers - similar to that of a child who is born and raised in a certain environment. The ML algorithms are the building blocks for the AI, which includes multiple machine learning components such as speech recognition (Recurrent Neural Network) , image recognition (Convolutional Neural Network) , knowledge representation and 27 28 then the really interesting part of it having curiosity and human context allowing “it” to be a “her.”
Simi uses Recurrent Neural Network (RNN) to process text and to find out the intention (e.g. an action to take, information, etc.) That RNN categorizes the intention as well as fills in the necessary concepts to complete the request of the energy demand. If the request is ambiguous, contradictory, or more information is needed, it will simply ask for the information it requires to complete its task. Supporting images for more context will be useful and can be done by training a Convolutional Neural Network (CNN) to map the images to the same concepts as the RNN.
Concepts can be trained to match word embeddings (have them both reside in the same dimensional space).
This would make the knowledge concepts map directly to words. That way it will be more fluent for Simi to map words to concepts, and images could also be translated to concepts. Simi also uses k-means clustering to find the clusters (categories) of the knowledge 29 concepts, and that is the way she has a human-readable way of "understanding" the AI's memory.
As Simi consumes data points from HEMS devices and the network, she unpacks what she believes (references) will be the most energy efficient processing protocol to the user
For details, please visit the following link:
Website: http://token.simmitri.com/
White Paper: http://token.simmitri.com/assets/pdf/SIM_White_Paper.pdf
Telegram: https://t.me/SimmitriToken
ANN Thread: https://bitcointalk.org/index.php?topic=3516185.0
Author: assyfa
Profile: https://bitcointalk.org/index.php?action=profile;u=1348503
Eth: 0xCa53A32ab48cF8bA4eC4A494bA4e95ceC26Fe71d