Today I present Sola Bankers another project on the skyledger project of the skycoin project
Solar Bankers is the first decentralised solar energy network based on the SkyLedger blockchainand fully integrated with our highly innovative, proprietary solar energy generating hardware.
By incorporating five separate products into one integrated system, Solar Bankers will create an
environment in which small-scale clean energy generation becomes economically viable. We do
this by enabling individual energy producers to trade their excess power with neighbouring homes and businesses.
Solar Bankers’ overall goals are to develop a global network of self-sufficient, decentralized renewable energy communities and, through digitization enabled by our SunCoin token, to transform electricity into a globally exchangeable commodity.
The energy market is dominated by large utility companies which control supply and set prices. Solar bankers want to give consumers the technology that allows them to become self-sufficient and make money from the electricity they produce. Solar Banker think this very much fulfills the spirit of blockchain – getting rid of large intermediaries so that profits stay with the community.
Solar Bankers think that their concept will be most useful for developing countries. Governments in developing countries face huge cost barriers in extending the central electricity grid to remote areas. They are looking for decentralised solutions for rural electrification. Especially countries with warmer climates and many annual sun hours will be able to more quickly advance development with solar-based solutions like the one Solar Bankers offer. Their concept provides government wanting to support local communities with a simple package of easy-to-use technologies that turn consumers’ individual power sources into real sources of income.
SunCoin is the Solar Bankers’ token built on Sky-Ledger, a third generation blockchain platform. SunCoin is used to buy and sell electricity within the Solar Bankers network, it can also be used to purchase Solar Banker’s clean energy generating technology and carbon-credits issued by clean energy producers.
Sky-Ledger was chosen as the basis for SunCoin because it includes a number of characteristics
that make it a more stable and more suitable platform.
Among these properties are a new cryptographic primitive known as a public broadcast channel and
a new consensus algorithm implementation, called Obelisk, which mitigates the commitment
problems arising from the Proof-of-Work and mining processes underlying Bitcoin, thus addressing
a host of related security issues. Obelisk is not a single algorithm, but an implementation employing
multiple techniques to deliver specific security guarantees.
At the same time, Solar Bankers is part of a growing ecosystem of businesses that use the Skyledger blockchain technology. Together with projects such as Skycoin and Metalicoin, They create a network of game-changing companies that all employ the same architecture. All those coins may be exchangeable in a super-wallet in the future. Nonetheless each business has its own private blockchain which ensures data security and fast transaction times.
SunCoin is part of Solar Bankers’ broader concept for decentralising the infrastructures for producing and distributing electricity. By combining our innovative solar devices with blockchain technology, Solar Bankers want to build local micro-grids in which households can produce their own energy and trade it with neighbours peer-to-peer. Solar Bankers supply communities with energy-generating equipment, as well as smart meters and a smartphone app connected with Solar Bankers’ own Skyledger-based blockchain. This package contains everything consumers need to produce and sell their own electricity, with transactions handled in SunCoin.
The distribution of electricity is regulated by Solar Bankers’ smart meters. These are devices that record the production and consumption of energy within a particular nucleus (house, building, solar park etc) and distribute the energy among the different nodes within the network. Ultimately, the Solar Bankers’ smart meters run the Skyledger network.
Smart Meters also manage the exchange of electricity between nuclei, enabling bidirectional, inter-community energytrading
With this smart Meter , You can trade Electricity like a Digital Commodity ,monitor your electricity consumption using Solar Bankers mobile app and sell your excess energy. It is simple, fast and secure
SunCoin is special because it is part of a relatively small group of crypto-tokens on the market at the moment that are asset-backed. When tokens are asset-backed, they are exchangeable for a real-world, tangible asset that stores or produces value in the long term. Many of the most popular coins being traded right now are not asset-backed and their prices have become highly inflated. Tokens like SunCoin will in future be the most viable alternative for investors wanting to avoid the risk of trading with these coins. In case of a crash in crypto markets, investors will seek investment in asset-backed tokens because of their greater security and exchangeability for real-world value.
SunCoin is asset-backed because anyone holding it will be able to exchange it for our energy-generating equipment at a discounted rate. So investors can always get a solar module for their money, no matter where the exchange price of SunCoin stands.
Compared to most other energy projects developing micro-grid and P2P solutions, such as PowerLedger, These other projects focus on providing or developing only the software-based platform or mechanism for energy trading. The core element of our project is to provide the actual energy-generating equipment which powers a P2P network using our game-changing solar technology – in addition to the trading platform. We therefore offer a whole package, including both the essential hardware and software elements required to run an efficient micro grid.
Solar Bankers’ patented concentrator solar module is game-changing because it moves from trying to improve the efficiency of the active PV converter, for instance silicon, to managing the incoming light more effectively. Standard solar modules are not very productive in high temperature environments because silicon loses efficiency when it heats up. So where solar technology could work best, traditional solar modules are currently not very profitable
Solar Bankers use a nano-structured holographic foil to select and concentrate different wavelengths of light. The wavelengths that react productively with the silicon converter are concentrated, while heat wavelengths are deflected away from the active converter. This has the dual effect of reducing the amount of silicon needed to produce the model, while significantly increasing output compared to standard modules.
Solar Bankers’ answer is to develop a global network of self-sufficient, decentralised, renewable energy communities.
These communities come together in SunChain, the Solar Bankers energy network where energy producers and consumers use SunCoin to buy and sell renewably generated electricity.
In Solar Bankers’ distributed energy system, consumers generate electricity in their homes using Solar Bankers’ photovoltaic products. They can then trade their energy with other members of their energy community through localized smart grids.
Members of the pool use Solar Bankers’ token, SunCoin, to either purchase Solar Bankers’ energy-generating technology with the intent of generating their own energy, or they can use the tokens to buy clean electricity.
In any given community, some members will choose to actively produce clean energy and sell any excess to the network, whilst others will choose to act solely as consumers buying clean, locally produced energy.
Alfred Jost is the founder and CEO of Solar Bankers and has decades of international experience working as an investment banker, CEO, and entrepreneur. For the last ten years he has been working in the solar market and building Solar Bankers.
Carlo Maraliagno is the CTO. He has a PhD in engineering and work to improve and manage our solar technology.
The cryptographic products such as SunCoin are developed by one of the world’s leading cryptographers and chief cryptographer of Skycoin. He is the lead blockchain programmer and worked as an early Bitcoin developer. This core group works with experts in marketing and blockchain technology from Shellpay. Together they have the experience and expertise that is needed to successfully establish such an ambitious project like Solar Bankers and create a decentralized and efficient solar energy network.
SunCoin is available for trading on IQUANT (www.5iquant.com). The volumes are still low, so the price is not indicative of the real value of the token.
Solar Banker is working to list SunCoin on exchanges with a larger userbase and higher volumes. As soon as they have a confirmation, They will share it with their community. official date of listing cannot be shared in advance.
We are hiring a marketing service to further spread the word about our project on the major crypto-related Telegram groups. Also we will be featured in the next weeks on some Youtube channels. This should ensure an increase in trading volume on Iquant and improve chances to be listed on other exchanges.
Solar Banker are are going to revamp the website in the next weeks. The focus will shift to the development of the energy trading platform and solar products.
Solar Bankers devices are tested, certified and are currently being produced in small quantities. Solar Bankers does not own yet a large-scale production facility of its devices, which are currently assembled by third parties.
Solar Bankers have a lot on on going projects amongst which include
Dubai Future Accelerator Projects, commissioned by the Dubai Electricity and Water Authority (DEWA), Dubai (United Arab Emirates). DEWA commissioned the installation of a small-scale solar park to test Solar Banker innovative technology in Dubai. The project started last July and should be completed by the end of March.
Find more info here: https://solarbankers.com/2017/08/07/solar-bankers-kicks-off-its-pilot-project-with-the-dubai-electricity-and-water-authority
Enerclever Project, Izmir (Turkey). Solar Bankers has signed a partnership with the Turkish energy consultancy Enerclever (.enerclever.com/en_EN/) for a pilot project of Solar Bankers’ concept for localised P2P energy trading. The two companies plan to equip 20 households with Solar Bankers’ light-managing PV devices and connect them in a local micro-grid using the smart meter infrastructure and wiring provided by Enerclever. The smart meters will facilitate the labelling and exchange of electricity produced by individual households. The project will kick off in February. Find more info here: https://solarbankers.com/2017/12/22/solar-bankers-to-partner-with-enerclever-over-p2p-energy-trading-platform-development/, https://solarbankers.com/2018/01/17/news-from-our-micro-grid-project-in-turkey-kick-off-in-february/
Project with the Government of Izmir to finance Solar Bankers production facility Solar Bankers recently received the approval from the Government of Izmir, Turkey, to receive an 80M USD loan to set up a manufacturing facility of its solar devices. The facility will produce 150 MW of Solar Bankers modules every year. While part of the production will be sold in the country (Solar Bankers are negotiating a buy-back deal with the government), the remaining will be sold internationally to Solar Banker customers and supporters.
Solar Bankers has secured offtake rights for a large reserve of lithium in Mongolia together with a Swiss partner company. Lithium is a highly demanded precious metal with a wide range of uses and applications, most prominently in the production of batteries and other electronic devices. Lithium has gained importance in the renewable energy sector due to its central role in the development of on-site energy storage solutions and electric vehicles.
The mining rights pertain to a mine located in Southern Mongolia with estimated total reserves of more than 5 million tons. The quality and concentration of lithium in the area has been tested and confirmed by SGS, a world-leading inspection and certification company from Switzerland (http://www.sgs.com/en/mining).
lithium batteries will be indispensable for our P2P network since participants will want to sell their unused solar energy out of storage.” Solar Bankers plan to use their own digital token, SunCoin, as the currency for electricity trading in their P2P platforms.
Once again investing in a real project like this is a sure way to hedge against the bubble in the crypto world when it happens . This is a real project backed by asset .
You can follow this project
https://solarbankers.com
Telegram: https://t.me/solarbankersICO
Facebook: https://www.facebook.com/solarbankerssingapore/
Twitter: https://twitter.com/SolarBankers_
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