EtainPower is a blockchain based renewable energy trading platform, powered and driven by AI. Through blockchain technology and smart contract, EtainPower is aiming to tokenize the renewable energy revenue. It also extends help and services to the renewable energy producers to complete the project financing. EtainPower will build a decentralized financing ecosystem with an aim to reduce the financing cost while improving efficiency for project financing. And thereby it will promote the development of renewable energy.
EtainPower will build a platform for global investors to channelize and invest their resources into the renewable energy projects, It will conduct due diligence to ensure project quality and the investor’s benefit. Project investor has options to either change the energy token to the EtainPower token(EToken) or make use of the token for purchasing the services of EtainPower ecosystem. Also it is aiming to utilize AI technology to optimize renewable energy grid connection. Through it, it will be successfully able to create smart grid technology to ease the adoption of renewable energy and enhance the power grid. It puts in ample efforts on reforming the traditional centralized electric power sector. It is pushing producers, consumers, investors, etc around the world to build up a totally new AI energy ecosystem pivoted around the blockchain.
EtainPower Solutions :
EtainPower provides services and solutions to the problems in the blockchain based transactions. Using the platform as a medium, energy producers can establish links with the global investors. It can simplify the financing process for renewable energy producers. Now, they do not need to rely on several investors to complete project financing. The renewable energy financing information is public and open to all potential investors of the globe on the EtainPower platform. By blockchain smart contract, renewable energy producers and investors can accomplish financing process, as well as save the fee. Because of this, problems in renewable energy project financing can be greatly solved
For the urban areas, EtainPower will provide services to local renewable energy producers to optimize the distributed generation renewable energy projects. It will also aim to integrate Artificial Intelligence and IoT to build up blockchain based smart microgrid along with the establishment of smart microgrid.
EtainPower Blockchain Model :
Its blockchain design is inherently resistant to data tampering. Blockchain smart contracts define terms in the form of coding. These are completely different from traditional contracts or agreements and can automatically ensure the implementation of the terms. In the process of term definition and execution, no juridical entity, auditing organization or bank is getting involved. Hence, the smart contract can simplify the transaction process and nullify the transaction costs.
Market :
The future revenue from power generation is sold to the investors at lower than market price. It is done to raise capital for financing developments and finish project buildup. Investors, whenever they purchase future power revenue, can benefit the PowerPoints(PPS) issued by renewable energy producers..
Team:
The team of EtainPower has several years of experience in renewable energy and power grid design. Inspired by the decentralization and independence of the blockchain system, the EtainPower team is carrying out this project. It aims to solve the financing difficulty of renewable energy projects and make use of AI and other technologies to minimize the impact of renewable energy grid connection. The team will also focus improving the safety and stability of grid operation to facilitate the development of renewable energy projects. The founding team has proficient skills and knowledge on new energy, blockchain and AI.
Conclusion :
Blockchain technology is an innovative internet database technology which is independent and decentralized database. It coexists in multiple locations and shared by the multiple people of the community. EtainPower blockchain platform will facilitate to sell the over-generated electricity to the third party directly. It will reduce transaction costs and increase investment returns. EtainPower smart grid will also integrate AI and big data. It will utilize IoT technologies to monitor all the power generation and consumption in the grid. It will not change the existing power grid infrastructure. However, it can maximize the use to add new facilities for enhancing power transmission and distribution. Do you think EtainPower will revolutionize to solve the global challenges of energy security and economic growth?
Website- https://etainpower.io/
ANN- https://bitcointalk.org/index.php?topic=4314921.0
Twitter- https://twitter.com/EtainPower_io
Published By- karanj
Btalk Profile- https://bitcointalk.org/index.php?action=profile;u=1030341