We all know that the future is behind "advanced technology". But what is this? Most of us mean IT with this name. Of course, information technology occupies a significant part, but there are many other important fields. Therefore, "advanced technology" will be more accurately defined as the technology that forms new industrial structures with higher quality assistance, more precise production, with less waste and better energy efficiency.
I present to you today an interesting and different project called Bluenote as the world's first blockchain-based energy efficiency protocol. This is a type of Cryptocurrency platform with simple requirements, easy access, and lots of great features. This is even more interesting because consultation and discussion is available here to support you to become more successful later. Let's look at the review below:
Global warming caused by carbon emissions is both humanity’s greatest challenge, as well as an enormous financial opportunity.
Buildings cause over 30% of the world’s carbon emissions, making them the largest singular source of carbon emissions because they consume about 60% of global electricity. More than 70% of all buildings were built before the first energy crisis in the 1970s, which creates an enormous market for improving their energy efficiency.
Bluenote is launching the world’s first blockchain-based energy efficiency protocol. It creates a decentralized ecosystem which allows building operators around the world to learn from one another how to waste less energy through distributed data intelligence.
Making buildings more energy efficient has a number of key benefits:
- It generates an enormous direct and continuous cost saving by reducing their energy costs.
- These cost savings make buildings more profitable and therefore substantially more valuable.
- The non-financial, but sustainability benefit, is that the increased energy efficiency greatly lowers carbon emissions.
The Problem
- Siloed Data. Building data is trapped in different vendors silos or sits unused.
- Data privacy. Data owners are concerned about exposing confidential data.
- Actionable Intelligence. Building operators don’t have the decision- making tools they need.
- Capturing Value. Buildings can’t calculate the financial benefit for their improvements because they can’t track their performance
- Lack of financial incentive. Energy efficiency and building operational data are not recognized for the value it provides.
The Solution
The Bluenote protocol is a unique, distributed data intelligence technology and economy that has a real-world application.
- Decentralized Nodes. Buildings can easily connect data to their own nodes, rather than relying on a vendor’s ‘cloud.’
- Secure Access. Data owners can allow for secure access for data analytics through the protocol without exposing the raw data.
- Global Market for Analytics. The Bluenote community will enable a marketplace of data analytics and software services that can easily connect to data nodes.
- Verified Performance. Creates bright lines between carbon reductions and financial performance of assets.
Financial Opportunity
Bluenote is tapping into an enormous market, not just according to Bluenote, but according to a report from Deutsche Bank and the Rockefeller Foundation, which the United Nations cites as its key research in this sector. The summary of this report says:
- $279 billion could be invested in retrofitting the residential, commercial, and institutional market segments in the US (note: this is the size of just the US market)
- This investment could yield more than $1 trillion in energy savings over 10 years, equivalent to savings of approximately 30 per cent of the annual electricity spent in the United States.
- If all of these retrofits were undertaken, more than 3.3 million job-years could be created.
- Additionally, if all of these retrofits were successfully undertaken, it would reduce U.S. emissions by nearly 10%.
- $6.5 trillion dollars in global real-estate asset value could be unlocked.
The Protocol
- Reward Structure: A Reward Pool will be established to seed the Bluenote Protocol with quality building data and to facilitate data generation, uploads, and application deployment by 3rd parties, as a kickstart to the Bluenote token economy.
- Community Data Sharing: Data owners may wish to elect to share some of their data with the Bluenote community as a whole in an anonymized or protected format through the Bluenote Protocol.
- Fully Decentralized Data Collection: The Bluenote Protocol allows for data owners to establish their own protected node, rather than having to share their data with a “platform” or “cloud.”
- The Token: The Bluenote Protocol facilitates a market for software and data access based on an ERC20 token. The token leverages distributed exchange infrastructure and solutions to serve protocol users or token traders wherever they are.
TOKEN SALE
Roadmap
December 2015 - Launch
Blue City Solutions (“Blue”), the global coalition that helps improve people’s lives by testing, sharing and implementing the best smart city solutions, officially launches at COP21 in Paris.
May 2016 - Discuss
Blue hosts an open innovation debate for stakeholders from the international energy world at the Blue Horizon event in Amsterdam, where commercial real estate is discussed as the largest singular source of carbon emissions in cities.
September 2016 - Focus
Blue initiates a project to develop a protocol that enables the global real estate market to track energy efficiency live: the Bluenote project.
February 2017 - Open
The Bluenote project team is formed with the goal to develop a protocol that powers an independent, decentralized economy that helps to optimize energy efficiency for commercial real estate around the world.
Fall 2018 - Share a token generation event
Everyone who passes the KYC process can participate in the Bluenote token investment pool and in the economics of Bluenote token performance. Bluenote tokens are based on the Ethereum blockchain ERC20 Token Standard.
2018 - Build real-time energy reporting
Bluenote will launch the world’s first open-data, real-time building performance protocol to benchmark and verify each building’s energy, emissions and financial data.
Bluenote 'From Blockchain for Real Estate to a Zero Emissions World' Crypto Finance Conference 2018.
Conclusion
Energy efficiency contributes to social and economic development, not just reducing energy use. Some people might consider this a rebound effect; Alternatively, these examples illustrate how energy efficiency can ensure that more people benefit from essential energy services in a fair manner.
In the end, developed and developing countries will continue to strive for economic growth and increase the use of quality energy services. Precisely for this reason, energy efficiency is absolutely necessary to ensure that this goal is fulfilled while increasing global energy consumption is kept to a minimum.
Bluenote is launching the world’s first blockchain-based energy efficiency protocol. It creates a decentralized ecosystem which allows building operators around the world to learn from one another how to waste less energy through distributed data intelligence.
For More Information About Bluenote, please visit the links below:
- Website: https://bluenote.world/?utm_source=bounty
- Whitepaper: https://bluenote.world/uploads/content/Bluenote-Whitepaper-04302018.pdf
- Facebook: https://facebook.com/bluenote.world
- Twitter: https://twitter.com/bluenote_world
- Telegram: https://t.me/bluenoteworld
Author: enno.netral
Profile: https://bitcointalk.org/index.php?action=profile;u=1785586
ETH: 0xC860a2F9510a73038Da3292bb9B28fA7a3F3cbA2