The energy market has remained mostly analog and highly commoditized. Service providers bring little added value for their users. Additionally, inefficient energy distribution and low resolution forecasting leads to large losses of potential revenue and inefficient transfer of energy. A significant portion of a consumer’s energy bill is attributed to transmission and administrative costs. Furthermore, energy trading is limited to a known group of players that control the majority of the trade and distribution data.

Today, energy has become a global issue. In the last decade though, renewable energy has gained momentum and legitimacy. It has reached a paradigm shift. It is also becoming more common that communities are voicing concerns related to governance, compliance, and transparency of the energy market. The vision of Greeneum is to create and grow a decentralized and sustainable energy market that enables smart monetization for peer-to-peer energy and data transactions.

GREENEUM NETWORK

Global energy trade markets will benefit from accurate and real time data. Integration of Greeneum’s targeted Artificial Intelligence and machine learning technologies will activate a next generation of smart predictions, insights and forecasts across the global energy market. Stakeholders who are part of energy ecosystem will be able to drive operational efficiencies, save millions and create a positive impact on the global renewable energy marketplace.

Greeneum includes new technologies that are merging the physical, digital and financial worlds, challenging and introducing new ideas about the essence of sustainable human coexistence on this planet. Greeneum aims to create network for the production, distribution and consumption of sustainable and renewable energy sources including solar, wind, hydro and thermal energy. The platform of Greeneum is designed to leverage Artificial Intelligence, blockchain technology, IoT and smart contracts. GREEN token holders are able to purchase additional AI and energy management services, this process allows for a greater balance of supply and demand in order to optimize energy assets and electricity networks. Greeneum will develop interfaces for external AI providers to improve energy management and network efficiency.

Optimization and Management of Energy

Greeneum built a proprietary solution for optimization and management of microgrids and utilities. It utilizes customized AI algorithms to build in-depth insights and accurate predictions of energy production, consumption, distribution and storage optimization. Greeneum Network’s AI and monitoring algorithms monitor all projects in real-time. The algorithm operates with 95 percent accuracy for solar generators and takes into consideration the local climatological systems and production.

The platform allows producers, consumers, traders, utility companies and other stakeholders to trade energy freely in a secure decentralized environment built using blockchain, proprietary AI algorithms, IoT devices and more. Thus sophisticated transparency and trust is established in a GREEN energy market. 

GREENEUM NETWORK ECOSYSTEM

Greeneum uses blockchain and customized machine learning to accelerate the transition to clean and green energy production and consumption creating new incentives for the network members. The network offers a transparent marketplace for producers, consumers, and investors. Greeneum Network includes SolarPET (Proof of Energy Transaction) for data verification, D-SaaS (Decentralized Software as a Service), an AI platform for micro grids and utilities, GREEN Tokens, GREEN Carbon Credits, and GREEN certificates.

Greeneum develops digital assets which are based on the green energy produced in the network. The GREEN tokens and certificates are used to make purchases in the Greeneum marketplace. GREEN Carbon Credits can be sold in the open marketplace to buy GREEN Tokens or other crypto currencies.

Greeneum Network AI

Greeneum Network AI is a part of the Greeneum network that uses advanced AI technology that helps green energy producers to balance between the demand and supply of energy while enabling the optimization of production, consumption, distribution, storage, and transmission of energy. AI and Machine Learning are used to predict energy production and consumption patterns. In this model producers of energy are able to purchase intelligent analytics pertaining to energy usage. Producers and consumers can use the energy management tool to optimize their consumption behavior. 

More Information About Greeneum Network

Website: https://www.greeneum.net/
WhitePaper: https://www.greeneum.net/whitepaper
Twitter: https://twitter.com/GreeneumNet
Facebook: https://www.facebook.com/groups/GreeneumNetwork/
Exchange: https://www.probit.com/app/exchange/GREEN-USDT/
Telegram Group: https://t.me/GreeneumNetwork/
Telegram Channel: https://t.me/GreeneumNetworkChannel

AUTHOR

Bitcointalk Username: mdyakeen

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