Landmark Solution for Renewable Energy Based on Blockchain Technology

Alaho15

The quest for clean and renewable energy is evergreen and growing. With natural resources being used every day, there is a need for extra sources of energy.

Electricity undoubtedly has been one amongst the most significant utilities of any country. Today, our society heavily relied on these energy sources for their needs and very important services. Any shortage in these sources will have a negative impact on the country’s economy. The current industries are heavily relying on fossil fuels for energy generation and are slowly moving towards renewable energy.

In 2015, during a meeting held in Paris, a group of 197 foreign states signed an agreement proposed by United Nation Paris that states that they commit to increase renewable resources to 36% of the total global energy combine by 2030. The needs for renewable energy have caused a disruptive impact on corporations and therefore the industry on a global scale. The cost of production for renewable energy has reduces significantly over the past decade.

Despite its essential position, the energy sector worldwide remains at a loss with inefficiencies. From the employment of fossil fuels and reliance on ancient generation technique to the de facto monopolies and high costs, the industry is ripe for revolution. Although the clean sector has been growing, it has been blocked by obstacles that make it impossible to scale. Barriers from existing industries and similar factors still hold it back.

To overcome most of those barriers, entrepreneurs have started viewing blockchain as a tool for the most effective use of renewable energy. With the introduction of blockchain technology, the energy that we use for our daily needs and services will soon be much cleaner.

About the project

TerraGreen main objective is to assist disposed of all humans produce waste and to get from them green sources of energy. How is that possible? It's really quite easy.

A team of specialists from TerraGreen has found that the majority of the waste can be recycled with the assistance of modern technologies, modify them and extract from them natural energy sources like biofuels, electricity and natural gas. For a typical understanding, I propose to look at the below picture, that show approximate values of what kind of waste has the flexibility to generate a particular amount of energy.

Project objective

The main purpose of the creators of the Terra Green project is to alter the understanding of waste and transform them into the most important resource not previously untapped by humans. Additionally, the project developers will promote the creation of renewable energy production facilities across the world through the introduction of a monetary and credit incentive mechanism, through which individuals will receive financial gain from participation in waste processing.

Principle of operation

Terra Green website for waste processing will be designed with the most recent technologies that embrace biomass gasification technology, gas conditioning systems, in addition to systems for the generation of artificial fuels and variety of others.Within the framework of this project, the developers will implement the subsequent plans:

• optimize the works of the CHP plant by recycling biological waste;

• to produce an artificial fuel in the form of a generator gas utilising the Fischer-Tropsch method, implying the method of biomass gasification;

• synthesize methane from biomass waste;

• to make possible, the production of hyrogen through the method of steam gasification in combination with gas cleaning;

• produce mixed alcohols that may be employed in the chemical industry or as octane stimulants;

• to produce cellulose from biomass waste, which may be employed in the pulp and paper industry.

The main monetary means that of the platform are going to be TGN tokens, which may be used to buy products of the platform, including electricity and heat. Thanks to the fact that every coin will be provided with a certain amount of electricity, this currency are going to be more stable than any token supported by the fiat currency or gold.

Smart contracts will be concluded for the supply of electricity, heat or other products to confirm that all prescribed conditions are met. Just in case of failure of one of the parties to the agreement with their obligations thereon in accordance with the conditions of a smart contract, will be penalised.

The sale of electricity, heat and similar products will be dispensed by local utilities that successively will distribute it among users of services at low price.

It is vital to note that the TGN token may be used as an investment. Ranging from the second year of the project, coin holders can earn profit 0.5 % of the total income of all renewable energy plants. TGN coins can bought throughout the ICO.

Dates and details of the ICO

The developers will sell 108 million coins. The price of TGN will increase with every stage of sales. Within the 1st stage, 1TGN can be bought for $ 0.1, and in the fourth-for $ 0.2. It’ll be possible to purchase tokens in the period from January 21to may 2, 2019.

Softcap project - $5 million, hardcap - $11 million.

The distribution of tokens is as follows:

Road Map

Team

Conclusion

Based on the growing popularity of "green" technologies, the project, that allows not only to safeguard the environment from negative impact, but also creates alternative energy sources, can become very popular. Investing in the TerraGreen project is warrant of attention. Moreover, at the moment, despite the very fact that the project has not yet completed a private sale, it's collected virtually $5million, that indicates its bonded success.

Useful Links

WEBSITE: https://www.terragreen.io

WEBSITE [ICO]: https://ico.terragreen.io

TELEGRAM: https://t.me/joinchat/IGhIuxKVTZqAqaFjHC6x1Q

GREENPAPER: http://www.terragreen.io/greenpaper.pdf

ANN THREAD: https://bitcointalk.org/index.php?topic=5106691

FACEBOOK: https://www.facebook.com/tgncoin/

TWITTER: https://twitter.com/TERAGRE01964783

MEDIUM: https://medium.com/@tgncoin

REDDIT: https://www.reddit.com/user/tgncoin

LINKEDIN: https://www.linkedin.com/in/terra-green-bb5166173/

YOUTUBE:https://www.youtube.com/channel/UCWfBHycqO9Yv9E0q29d_bsw