White paper

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Peer-to-peer Electric Energy production Exchange

Hulmo Christiaansen

Abstract

Let’s take full responsibility

None of the Projects Above are a complete solution For The Future of our energy system My proposition is to United technologies. Give Life to a completely new possibility of decentralized ownership of your own Energy through several possibilities how will not exclude Any of the project was the Cause They all have Their Own certain values and Needs in the market. Britse University to change Our behaviour In This World Let’s Make It A Better One By participating in a collaborative effort To unite All the ideas That We came up with essay ingenious species Let’s Build Our Own Future.

Peer-to-peer Energy Exchange system for decentralized Energy production.

No Matter How big or small Production is. A self-auditing smart contract system by Which tokens are generated for the Energy Supply To The Network per kilowatt hour or Jules protected on the blockchain protected by cryptographic Proof.

-Redistributing the power of Power to a decentralized system
-Bypassing The Need of slow an expensive monetary system.
The Ultimate goal of this effect existential simple empowering people to generate Their Own Power and exchanges with People Around them in a green and sustainable way. To give back the power of value to the rightful owners citizens of this Planet.

In order to facilitate a Fair system that must be open source and transparent everyone Who participate. To ensure that this is possible in the New Economic we propose a new system based on a true van principle Which bypasses trusted Third Parties.

By cutting out the middleman, everyone Who exploits this possession of Power empowers the People who generated electricity and get a fair price for it instead of the parties Taking the Prophet. By taking the middlemen out of the equation people are able to buy and sell their electricity from whoever they feel.
Blockchain makes It Possible to transform value No matter what it represents from One owner to the other. No more inflation through fractional Reserve banking. The intent is pure and simpel Sell What is rightfully yours to anyone you like the buy function functions differently. The seller determines The Contract Terms in Which de buyer can buy from the seller.

Is Because The seller must pay transport cost for transporting the electricity. This Is done emphasize The Green Part Of It. This Way Local Energy States Local and doesn’t Sell Far Away this disincentive People to Sell to Big companies overseas Where They can get much Better Price.
We will always Need trusted Third Parties to maintain the Electric Grid on the Local level. This hasn’t Changed What did change is the fact That We intend to make Selling your Energy Simple and more Secure with Higher profitability.

Competitive Edge

Large monopolies in energy are Always the Ones Who led the way Until Now disruption is the standardization of blockchain technologies. To intend to provide a Platform for the collective and gather Our Strength in numbers to find significantly revolutionary small group of People Willing To Give this situation a chance.
Optimal performance and efficiency in energy infrastructure is important Just as imported is Trust. Why this project has a Competitive Edge over conventional companies?
First of all this company will be created on a decentralized system implemented on distributed Ledger (blockchain type must be later be determined) DOA, stance for decentralized autonomous organization. Better known as a smart contract, batter set several smart contracts Who interact with each other depend on One Another function. For security Reasons it is not Possible to get all the functionality and Security Without splitting up indefinite self-executing Smart contract.

The energy business is a very large sector with dominant players.

We’re talking about terawatts of energy in electricity daily use, renewable energies taking a bigger part Everyday in this sector is dominated by very large companies and installations. This can be good but also need more decentralized and open market if you want to break the status quo. Legislation is very slow in Catching up with Innovation Always Two Steps Behind.
This Is why I want to implement the new system Which will allow for Fair Market conditions for small Energy Production Solar panels Windmills or Any other small producer of electricity.
There is no open Platform Which will provide transparent Energy Exchange peer to peer Which will Execute automatically depending on automated auditing to a self-executing Smart contract which looks at your electric smart meter and measur The amount of electricity giving Back To The Network. Unassisted tokens to the kilowatt giving Back To The Network.
It is a real time Systems Which Will automatically assigns kilowatts tokens this will Need A incentivizing Mechanism which will be provided by a monetary value to give him the opportunity to to sell your energy to anyone on the network the second Option is to Run The Network Solar coins you will be rewarded.
Integration of Smart grids is the Essential part of this intended As a Zero Sum gane. Which will benefit all the participants, we have no Vision To Rule them all We Just Want to participate in een ecosystem where true our platform making The facilitation Possible of Trading Order Energy tokens like

1. NRGcoin

2. Solaris

3. Solar Coin

4. Energycoin

5. Power ledger

6. Grid+

Consequently this brings Us to the next Innovation It’s cold Virtual Power Plants Dit is blockchain Technology so good Place Central Role in the Rise So Cold Virtual Power Plants vs present Energy generating sources That are connected to process Madrid but that Are necessary centralized One location PC traditional Powerplant.
This Is Just One Of The wide Range of Energy use cases Another One Great flexibility last of operations een vast processes wat ik wil niet heel veel of maturity into a financial service Which is nou een concept The Energy sector Is A Whole New Type of ecosystem will be compatible Together. In the beginning they must co-exist together in the first decades at least.
The Cranberries hindering The implementation of blockchain application Into the Block Chain Systems no longer required intermediaries or Central to These conflict resolve The Swarm principles based on de collectieve pinion of all the participants in wolf’s but Still difficult To Do To Church Models in practice.
Do to numerous Legal And regulatory obstacles that have to be taken by Blood and Projects that must also comply with many different Love In many Different countries over all the continents of the world it must be a Universal system setting Place but not Written in stone it must be Malleable and flexible To insert Into the Global opportunity. This will necessarily mean connecting several small smart grids
Obstacles handling The implementation of blockchain applications And uses To Be adressed

The following questions arises

-Who performs The meter operator roll

Energy metermen would Be the party that makes the electricity network possible, The Energy consumers to provide its meter reading To The decentralist System implementing Smart contracts true different protocols by self-auditing all parts of the system..

-Who is the Electric registered supplier

A producer can also be a supplier Du to several possibilities of exchanging Energy. The rules will switch from supplier to customer when your energy needs exceeds you’re generation power. To be compliant with market rules and regulations it is necessary to have a infrastructure for the old system when you have a blockchain interface, it will not reflect on the current market rules but it will communicate through the blockchain which can externally read the energy suppliers needs. This will reduce the electric cost significantly and have less obligations awards others which will simplify the whole delivering of electricity to the network

-How will verification and certification be documented

This can by dun buy many different decentralised asset or protocols like RNGcoin or grid+, lots of Byzantium fault tolerant systems available. also a very good way is constantly verifying the Operations to clearly verify sources of electricity. this is one of the Strength of blockchain technology, Thanks to the synchronization embedded into blockchain energy Generation and consumption metermen ways to prove a variable Records unchangeable over time.
Law implementing Contender’s to win this game of the first blockchain Technology that implements documentation true identification of all the participant’s

energy partners selected source from Customer to production can be determined true the blockchain, the origins could be specified with great certainty but no absolute certainty this would make it easy to use certify it for emissions allowance and Energy Efficiency improvements which would turn simplification to the complex system.

- Clearing and settlement

Consumer that produces may stand To benefit Love More but also transmission system operator 6 uses Of blockchain It Would allow Them To clearly attribute data to the individual market participants The plantation of Smart metering Only help allocate customers quantities and balancing in groups to the Electric supplier using that balancing Group a blockchain based system that would make it Possible for the Energy Consumer to be clearly track Back To The Point where it was generated overal it would lead to significant Cost reduction with user benefits and efficiency in mind

- Di-rect Customer to Customer transaction in financial settlement

Customers could take over de Supply business that Sells peer-to-peer Would Be very beneficial for customers To Do transactions in settlements this would communities funding of Energy Athens regional Energy and regional Energy self-sufficiency new Technology implementation and more efficient Way providing a verified It is already Possible for citizens To participate in energy Projects to this is the involvement of many other Banks Energy companies and other entities blockchain Technology to realize a Self sustaining and Real Option of Selling Energy and regional Group Connected to Smart grids Sell and buy it’s among themselves ownership would be easily be determined and there are by settlements would be very easy from customer to customer in a blockchain cryptocurrency system
Incentivise mechanism
Later to be determent

By giving the option of several different currencies in the ecosystem of energy production storage and sales handled True several Different protocols available in de decentralized Markets.

Second incentivizing Mechanism

Comes through the cooperation with battery suppliers and Energy Storage Systems. By having a Smart contract that works in real time it is possible to get better prices When The Sun doesn’t Shine So It is incentivizing Stories Of Energy Which is Essential for making a More Stable market a better Supply of Energy greater Network stability.

The Third Option of incentivizing

participants is giving Them Power over Their Own Power True Religion that is transparent Fair in feet and automatically takes care of the Needs of the user. Users Who share Energy Will Be rewarded One Of The Energy tokens depending on the settings and the preferences.
Different methods of incentivize ation is centralizing the Storage of Energy for instance hydroélectrique Dance Candy pand Full of water buy excess Energy In The Network generated True Green sources. When The Need of Energy consumption is High And The Network cannot Supply Demand Because of environmental factors It is possible to use the stored Energy in centralized natural phenomenon.

There is also a man-made solution by creating ammonia storing it in tanks until the need of energy production surfaces it is possible to use electricity to create ammonia from carbon dioxide in the air and nitrogen in the air In This Way Nuon in Holland has already proven this concept is viable true refurbished gas Powered Plants Which can Now effectively Without Andy pollution Burn de ammonia to generate electricity It’s a highly efficient system ne perfect solution for storing long-term Energy When Supply is High When demand is low.

By selling your energy to the storage systems described above you can learn through a incentivizing mechanism store tokens which will give you the right to trade them against Real energy when your own Supply does not meet your needs without violating the total amount of energy in the system. Users can choose Which Option They want to implement Direct Lease l2d Pearce The Energy they have produced or Store It locally or centrally.

Creation of the thorium token

This will be a short description because I can write a full white paper on the creation of the thorium token. The ideas for simple krowd funds the money necessary to build a reactor designs in the 1950s by the same designer Who Built The plutonium reactor with a efficiency off 96% it can burn nuclear waste you cannot build nuclear weapons from the waist that comes out of the reactor and that same waist is used in nuclear batteries for the past 70 years in Aeronautics and Space exploration vehicles. Buy Collective effort to Create a system which has so many benefits

1. It generates electricity Without Carbon emissions

2. Is generated excessief Energy in the form of Heat Which can be used in Heating up houses and businesses in Cities.

3. I use nuclear waste to generate Electric and heat thereby disposing of harmful materials to the environment.

4. No Chance of building bombs Say No Chance of nuclear proliferation.

5. Mining Industry sea thorium as a wasted product Turning Into the opportunity Of A Lifetime

6. This technology will fuel the energy needs of the world for the next ten thousand years Without The defining physics

7. Technology Which is totally Forgotten, or completely repressed repressed.

8. Tokenizing this Energy project wil make the token holders participants In The Most Energy stable en financial independent project owners. The Best advocates For Your Products are the Ones that helped you build It.

Hulmo Christiaansen#

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“The potential in the System to exercise Labor” A simple quote which has powerful implications

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