RENEWABLE ENERGY FINALLY MEETS BLOCKCHAIN TECHNOLOGY

Bright dhykseen

Hey guys. Today i will be discussing a project with its outstanding idea of integrating renewable energy with blockchain technology in order to solve scaling problems in the modern world. Speaking of renewable energy, it is simply energy that is collected from renewable resources. Renewable energy has been a gem which has been considered for endless possibilities. It has been projected to be the energy source of the future. Why Renewable energy? Renewable energy is renewable, thereby making it sustainable and never runs out. Renewable energy requires less maintenance unlike the prevailing methods of energy production, Renewable energy produces little or no waste product compared to the traditional method which serving as a pollutant to the environment.

Renewable energy has proven to be the sustainable energy production method but the problem now is how to tackle the issues with the traditional method of energy production which has brought about climatic changes such as temperature rise and other erratic climatic conditions, and adopt a new system to avoid environmental climate degradation. On this note, i will be discussing the project as discussed earlier.

Zero-carbon

Zero carbon project aims to tackle issues as related to climate change , the environment and ensure everyone adopt the renewable energy source. One other major thing this project aims to tackle is the cost of renewable energy. With zero-carbon, the cost of this resource will be reduced substantially which would aid it’s adoption and sustainability bringing about a change the climatic and environmental condition.

See introduction video: https://youtu.be/PqAmBak5bI4

Zero-carbon simply aims to have a material impact on carbon emissions all over the world. They aim to do this by leveraging international carbon credits to offset carbon emissions of energy contracts which is very much cheaper than buying renewables but just as effective in reducing total carbon output and also leverage the Ethereum blockchain to reward it’s consumers with Energis tokens for consuming zero carbon energy.

Generally, the project is divided into 2 parts based on its goals;

The delivery of energy at a lower price than existing renewable energy and fossil fuels.
Encourage people to use the project, where it offers blockchain-driven incentives to reward users for their involvement in the project.

Speaking of incentivization, that brings me to Energis token (NGR); a reward for consumers who represent the value of future service and can be exchanged in third-party encryption bags.