GREENUEM PROJECT (AN OVERVIEW)

February 15, 2021

ABSTRACT

Greenuem is an unprecedented blockchain network that intends to leverage the world energy supply system by encouraging the production and provision of energy from various sources in order to benefit meet up the growing demand of energy in the world.

They have a perfect blockchain technology built on internet devices and small contracts which will enable peer-to-peer transactions.

Greenuem will create a decentralized renewable energy market with accurate real time energy tracking. This process will give insight into future energy usage prediction, resulting to decline in energy and revenue losses.

GREENUEM SOLUTION TO MARKET ANALYSIS

Greenuem has conducted research into the entire energy ecosystem, and found some challenges with the generation, distribution, usage and billing/payment systems in the energy system. Some challenges were discovered in the research which Greenuem has preferred solutions to. These challenges are;

🔸High Level of Carbon Dioxide.

There is an increasing emission of carbon dioxide and environmental pollution due to increases in demand and supply of energy needed to meet up with the growing population and socio-economic activities.

These co2 emissions are caused by the energy sector and there is the need to encourage big companies and individuals to consume renewable energy.

Greenuem provides a solution to this challenge through its unique blockchain AI algorithm. This enhances peer-2-peer energy transactions on local chains traded on micro and private grids.

🔸State of Energy Market

The current state of approach to electricity has been centralized. The energy production, distribution and pricing has been controlled by state agencies and regulators on local and national grid and this leads to inefficiencies.

It is very important to move the energy design towards decentralisation in order to curb the inefficiencies in the production and distribution of energy, to add value to the users.

🔸Energy Prediction and Optimization

There has been a continued decrease in energy efficiency in the ecosystem due to losses resulting from inaccurate energy prediction.
Greenuem will use smart analytics in its network to make accurate prediction of energy usage in the market. This will help to reduce energy and revenue losses and increase efficiency in the system

GREENUEM ECOSYSTEM

The Greenuem economic system is the community of the network which comprises of the organisations and individuals who work together to ensure the achievement of the aim of Greenuem. They are the producers of energy, validators of energy, transmitters of energy, distributors of energy and buyers of energy. Others include data sharers who share their data with the network and energy traders.

These are important members of the Greenuem network that participate in various ways to grow the network. They include grid operators, producers of renewable energy, Green energy distributors, Green energy activists and other corporate organizations.

They are paid commission for their contributions towards the company's growth.

These community members work together in the following ways to achieve the mission of Green energy:

🔸Energy Profiling and Validation

This is process of proving and recording daily energy transactions through automated system.

🔸Energy Management

The Greenuem will use proprietary AI algorithm blockchain and internet devices to enhance secured decentralized energy trading. This encourages trust and transparency in the network.

🔸Monetization of Data and Energy

Greenuem will use its GREEN token to monetize energy across it's network to make it more liquid and efficient.

GREEN TOKEN

This is the primary token that is used for all transactions in Greenuem platform. It is an ERC-20 Etherum based token. It is issued to members of the Greenuem community and can also be earned by investing in the network.
GREEN token is highly liquid, interchangeable and also accepted in GREENUEM market place for various purchases.

WARNING

Crypto currency business have a lot of risks associated with it, which GREEN token is not an exception. Investors must consent to be conversant with these risks and must admit to have read the caveat put on the white paper of Greenuem.

The information on the website and white paper of the company is not an invitation for investment but for information purposes. Participants are advised to get professional advice from legal and financial experts.

Greenuem will not be held responsible for losses incurred by its clients due to their transactions in the network.