Transforming the renewable market with blockchain technologies
What could be more important than the air we breathe? It is the primary element that holds all life, on Planet Earth; it makes organisms not just survive, but thrive. After all, isn’t the oxygen we use the foundation of human existence? However, climate change represents one of the greatest risks of today - it threatens all life, as we know it. Green (or renewable energy) doesn’t seem to be able to solve this complex issue, due to multiple reasons. Read in today’s article how can we use the latest technology to rethink the way carbon credits should be allocated!
Zero Carbon Project has decided to approach the climate change problem from a whole new perspective? How? It aims to use the blockchain and international carbon credits.
A short background of today’s renewable energy systems and mechanisms
Until now, green energy has managed to offer satisfactory solutions to the climate change challenge. Nonetheless, almost all of can agree on some issues that it still has: renewable energy is too expensive! That is why its impact, on a global level, is yet so slow (and small). Zero Carbon Project has set a bold goal - to deliver quicker mitigation of carbon emissions.
How will it be able to obtain this result? By providing lower prices than both renewable energy and fossil fuels!
This platform has also created a different mechanism to reach these results: a blockchain driven economy, that
- guarantees meaningful incentives
- Is a catalyst for consumer action
The first component of this system offers an intensely competitive zero-carbon market which delivers price reduction while moving consumers to zero carbon energy, offset by international carbon credits. Second of all, the blockchain economy it creates is founded on Energis tokens. These unique tokens have been conceived so they can collect the future utility value that is received by consumers; it manages to do so by utilizing the distributed ledger of Ethereum smart contracts and the crypto exchanges.
Energis tokens are underpinned by concrete value as energy have to use these coins in order to pay for their transaction fees (in using the Zero Carbon Marketplace). As much as 70% of these funds collected during the transactions are recycled back to the platform’s consumers, as special rewards. After they have received these coins, customers are allowed to use third-party crypto exchanges to sell Energis tokens back to the energy suppliers who are purchasing them to pay the transaction fees.
In time (as more and more individuals will join this platform), the demand for Energis tokens will increase, constrained by a fixed supply. Until now, Zero Carbon Market has been constantly developing in multiple directions:
- the team
- the services to be provided to the public
- the software
- Involving energy suppliers
The first market to adopt this system is the UK Market - it is ready for launch in October 2018. In 2019, there will also come a global unveiling.
**Got Questions? **
To learn more about this concept or even get involved, you can visit the official Zero Carbon Project anytime at https://www.zerocarbonproject.com/.
Carbon Project will make an immediate and material difference. Customers will be rewarded with Energis Tokens for consuming zero carbon energy and contributing to tackling climate change. The Energis tokens can in turn be used to pay transaction fees in the zero carbon markets and will be recycled as rewards for more consumers to switch to a zero carbon energy plan.
climate change. represents a real threat to the world. Personally, I see changes that occur every year. Previously, we saw snow in winter, now there is practically no snow. Those who deny climate change are seriously mistaken. Emissions from obsolete energy sources destroy the planet. But this is because the monopolists have occupied this market and are making huge profits. Alternative sources of energy receive little financing.
ZERO CARBON PROJECT provide an excellent solution. They work against an outdated system that destroys the planet. They have created an excellent platform that helps promote renewable energy sources. They are intense competition by attracting a wide range of suppliers to the market with their best prices. I like their idea and their concept. They change the situation in the market. I was also impressed with their burly map and their approach to work. They make a smart move. Experienced and purposeful people are behind the creation of the platform. The block chain provides reliability. This whole idea fits perfectly into the concept of the world of the future.
I recommend that everyone read their website. You will be surprised. It deserves attention.
Thank you!
I’ve read and seen so many documentaries on the zero carbon technology. I’ve seen cars , bikes and the likes powered by electricity or solar pogwer and that proves to be our future technology. Finally we can stop worrying about the depletion of the ozone layer by greenhouse effects. And to crown it all, energy backed by crypto currency. This is absolutely amazing
Its the great project Sir @danizaharie, as we know that carbon emissions is an important issue facing the world today in addition to the existence of plastict waste. With the program of zero carbon project is expected to be best way to reduce carbon emissions and will be a good way in the future days about chryptocurency basic the blockchain.
Great project friend.
To cover the carbon offset premium in order to beat fossil fuel prices, Zero Carbon project applies intense competition by attracting a wide range of suppliers to Market with their best zero carbon energy prices, tailored specifically to the consumer size, location and usage pattern.
Energis tokens are made valuable in order to provide the catalyst for change and provide incentives for consumers to contribute towards tackling climate change.
Smart contracts have been deployed to the blockchain to manage the use and flow of Energis token transactions in the Energis economy.
I'm really pleased to read about the great activities of Zero Carbon Project as It aims to use the blockchain and international carbon credits. I hope it will be a Revolutionary project. Thanks a lot sir @danizaharie for always talking about some new blockchain based technology.
It sounds revolutionary, as with anything associated with blockchain. I've always said it that a consumer driven approach to clean energy goals was the only way to make certain success... This definitely provides a platform for that
Thanks @danizaharie for putting up this article. Honestly, this is my first time to hear about carbon project. And in my opinion, I feel zero carbon project is going to make a difference because it's going to be a great tool which will be used in combating climate change. And lots of people will definitely embrace this project if not for it's mission but for the rewards the get.
educated post.keep it up
It's all but a matter of time. We're getting there for sure.