Rewards for Renewable Energy Producers
How could blockchain and Decentralised Finance (DeFi) can create an effective impact to help climate change efforts and reduce energy prices. Renewable energy has to be further supported to encourage energy consumers to reduce carbon footprint user more renewable energy and make major progress towards NetZero.
Energy utilities, real estate and energy companies can become carbon neutral buildings where members can trade and use the available solar power more effectively, store it for the night, share it at the time right time and trade their carbon offsets. Greeneum certificates and GREEN tokens help to create carbon neutral and P2P energy communities.
Greeneum rewards key players and renewable energy providers as part of our activity to assist fighting the global warming. Renewable energy developers and project owners can register new project on our platform and receive GREEN rewards and Certificates and Greeneum’s Carbon Credits incentives.
The certificates are also a way to reward the future production of energy and these certificates can be tokenised ahead to create efficient finance and assist communities to build new projects.
ֿGREEN BEP20 - Greeneum Tokens on Binancs Smart Chain BEP20 for Energy DAPPs
Greeneum develops of GreeneumERC20 and BEP20 GREEN smart contracts for rewarding energy consumers to purchase green certificates, build more renewable energy systems through and for decentralised energy trading applications (DApps).
Greeneum GREEN ERC20 are our network incentive for the renewable energy producers and a mean of exchange on our platform, it also gives as a discount on a marketplace.
Greeneum GREEN BEP20 can be used to connect to Greeneum platform and can be added to each wallet. This Token is now available on Binance Smart Chain (BEP20) main-net and is available for Greeneum community and is used as a utility token for Greeneum applications.
What is Binance Smart Chain (BEP20) ?
Binance Smart Chain (BEP20) provides faster and cheaper transactions than most blockchains and allows developers to port from Ethereum to Binance Smart Chain with ease.
GREEN BEP20 the BSC (Binance Smart Chain) Network, users can enjoy transactions of funds seamlessly and provide efficiency Greeneum smart energy P2P applications.
What is BEP20 ?
BEP-20 is a token standard on Binance Smart Chain that extends ERC-20, the most common Ethereum token standard. Like BEP-2 tokens on Binance Chain, BEP-20 token transfers are fuelled with BNB. This provides an incentive for validators to include the transactions in the blockchain, as they’ll collect the BNB as a fee. However, these fees are cheaper, and the transaction executes faster and much consumes less energy compared to the ERC20 network.
What are the advantages of Smart Binance Chain?
Its a public version of Ethereum Proof-of-Stake consensus protocol (PosT)
Binance Smart Chain achieves ~3 second block times with a Proof-of-Stake consensus algorithm. Specifically, it uses something called Proof of Staked Authority (or PoSA), where participants stake BNB to become validators.
Interoperability
Binance Smart Chain is built with a dual chain architecture, making it possible for users to enjoy the flexibility of transferring assets from one blockchain to another. The interoperability of the Binance Smart Chain offers users the opportunity of accessing a vast ecosystem with a myriad of use cases. Interoperability is one of the key features held in high esteem by DeFi proponents, and Binance Smart Chain is at the forefront of making this possible.
Effordable Transactions
Transaction fees - also known as blockchain fees - refer to the fee users pay when they conduct a blockchain transaction. This fee is collected by miners or validators who ensure that the blockchain only records and processes valid transactions.
Mostly local energy trading applications involve many small transactions, which incur transaction fees at every step. For this reason, blockchain fees are an important factor to consider before choosing a blockchain protocol. Binance Smart Chain is substantially more sustainable, cost-effective and fast than Ethereum, and the blockchain protocol consumes much less energy.
Greeneum GREEN token BEP20 is also available on BEP20 protocol for energy applications and is available to Greeneum community by registering to Greeneum platform.
Disclaimer: The information presented on this website is for educational and industry purposes only and is not intended to be a recommendation for any specific investment. The risk of loss trading certificates, tokens, futures, and options can be substantial. Individuals must consider all relevant risk factors including their own personal financial situation before trading. Trading involves risk and is not suitable for all.
