Blockchain is a digital register in which transactions executed in crypto currency can be recorded chronologically and publicly. Blockchain is widely studied for its energy applications. It provides innovative solutions for data interoperability, information security and creates the possible deployment of these technologies on a platform for trade in energy resources. Blockchain is ideal for facilitating peer-to-peer energy transfer in a decentralized market. Blockchain provides reliable identification capabilities for each electrical transaction, reduces credit costs, provides rapid automatic settlement between trusted parties, significantly reduces transaction costs and effectively improves efficiency. The White Paper of Business (hereinafter referred to as "paper") provides an overview of the economic characteristics of the strengths of some of the world's major markets; then this document describes the main business of Apollochain, the future development and technological base; and, finally, this document discloses the current operational structure and model of project management Appollochain.
While in the proposed solar energy, according to KPMG research, the increase in the capacity of new PV power plants will grow with an increase of 330%
111.68 GW in 2012 to 3695.64 GW in 2040:
The management and management of a centralized transaction agency is the most common practice of electricity trading today. In addition to maintaining its dynamic balance, a large number of third-party agencies (for example, insurance, credit, financial leases, ratings, etc.) are engaged in energy trading systems to ensure the security of transactions. The process and creation of such downloaded transactions, in terms of cost and security, means huge maintenance costs, costly third-party costs, and is extremely vulnerable by default for data loss and failure.
The new energy trading platform ApollochainAs an innovative tool, blockchain technology in its essence corresponds to distributed energy in a regulated energy market. After the reform of the advanced forces and the growing electricity retail market, distributed generation, as a rapidly growing sector, allows consumers from the demand side to have both generators and consumer identities with deep participation in sectoral reform.
The figure shows the basic structure of the trading platform Apollochain, which contains the level of transaction, extended layers and blocking layers.Renewable energy systems are the principle of a transaction level, while trading lots include electricity, electricity, distributed power plants, smart homes (household consumers and energy generators) and other renewable energy holders. Each side starts and ends its energy transactions in this layer, then all relative data is sent to an additional layer, which forms an intellectual contract and, ultimately, is stored in a block chain.
First of all, Apollochain implements Blockchain 3.0 technology to create its trading platform.Being in all regulated and retail-oriented energy markets around the world, Apollochain can take root in these countries and regions through existing links and resources to create basic users that can be generators, wholesalers, institutional or individual electricity consumers for transactions between parties , the easing of centralized trade costs and the prevention of loss of government prices. In this case, the intellectual network with IoT (Internet of Things), AI (artificial intelligence) and Blockchain technology will become the most important physical basis for achieving all of the above goals (together, "Energy Internet").
Intelligent grids provide demand side management and can participate in grid networks or create micro networks by connecting end users who are geographically close to each other. In addition, another important device in intelligent networks is an intelligent power meter (otherwise known as Smart Meter). To obtain data on energy consumption and consumption / production, different facilities are required. Based on these data, intelligent networks, notifying the cost of electricity, real-time prices, power cut-off schemes, etc., can reduce planning costs and give the consumer more rational consumption of electricity.
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Telegram: https://t.me/apollochaingroup
Whitepaper: http://www.apollochain.io/WhitePaper(Business%20Version).pdf
Website: http://www.apollochain.io
My Bitcointalk URL: https://bitcointalk.org/index.php?action=profile;u=1083885
My ETH Address: 0xB98f5f1C3d1461aC3A456B109DA47ec907C4D5e4
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