Keynote presentation: SolarCoin, Blockchain Tech & The ElectriCChain 24/06/2016
What is SolarCoin? SolarCoin works like a global airmiles reward program for solar energy generators; counterintuitively the more people claiming those airmiles, the more they are worth in $'s. The ElectriCChain is a global platform to accelerate the growth of solarenergy, IOT (internet of things) and blockchain data technology projects with impacts ranging from the heights of commercial space and meteorology research to the smallest micro-generation and micro finance projects in Africa.
What is SolarCoin? Incentive for Solar Energy • SolarCoin is claimed by individuals living in homes with Solar Panels on their roof or large solar farms • SolarCoin is intended as a mechanism to incentivize generation of global solar electricity SolarCoins are like frequent flyer miles irrespective of political influence or Feed-in Tariffs for solar panels • SolarCoin is intended to shift the levelized cost of energy (LOCE) lower • SolarCoin is built on its own cryptographically secure open Blockchain that is administered by global SolarCoin users in 21 countries. Digital Asset • SolarCoin can only be allocated from the granting mechanism by the SolarCoin Foundation (SCF) or bought or sold on the exchanges and markets. • SolarCoin is transparent using zero knowledge Solar energy provides clean energy proof and trustless Data. It is based on Blockchain 2.0 technology (POST Algorithm). • The user can earn 2% p.a. interest rate from their SolarCoin wallet by running it on low-power node.
What is SolarCoin? Claiming SolarCoins Claiming Rewards for solar energy production given by the SolarCoin Foundation to the claimant via Affiliate SolarCoin Flow ElectriCChain Claims Sites Solcrypto and SolarChange 1.Users sign-up and create an online Account SolarCoin Foundation 2.Users submit claim with Grid Connection docs API (from generator pool) Claim is screened and fwded to the SolarCoin Foundation (SCF) for independent verification. SolarChange Affiliate Websites Solcrypto SCF accepts / denies claim 3.SCF grants SolarCoins to user ’ s public wallet address Users Users Users Users Interest on SolarCoins Until check-out of the SolarCoins in the Account, the claim gathers 2% annual interest The user can log to “ SolarCoin Balance ” . The user can view their “ pending claim ” , “ confirmed claim ” , and 1 SLR = 1 MWh of Solar Energy “ tradable claim ” as well as kWh produced (monitoring applications)
What is a Blockchain ? What is a Blockchain? • A Blockchain is a Database for a specific use where EVERYBODY who participates owns a complete copy of it locally. • No master Blockchain and no central authority for an open Blockchain like SolarCoin • Verification at each stage (every minute) for SolarCoin increases security as “ stakers ” must verify and exclude the wrong transactions when making a new block, stakers and participants who have the Blockchain must verify a new block when synchronizing. • ElectriCChain is the Blockchain(s) powering the SolarCoin Digital Asset
Market Solar Industry • 240GWp at end 2015 % 7GWp in 2006 • 7 million Solar Facilities worldwide. • Increasing to +200million according to IEA • Trends in target market, growing 20-35% p.a. • Zero knowledge proof and trustless data for a sector that really needs innovation. (Energy 7 million solar generators in the world. sector) Blockchain Tech • Blockchain is a Trustless Database sustained by a Peer-to-Peer Network • R3CEV: Big Banks Consortium developing Private Blockchain for Back Office purposes (Clearing, Settlement and Custody), trading… • Ethereum: Smart Contracts • Some technology examples: voting, sharing, renting, land register, notary deeds, DAO….
What is ElectriCChain? Project New Scientific Driven New New Data Markets/ Discovery Energy Software Hardware Installations Big Data Blockchain NASA ISS Grantings UN/NASA Space Charter • Blockchain Provider agnostic 7 million solar generators in the world. (IOTA/Ethereum/SolarCoin). COT-IOTA-Bitseed- • Is the blockchain(s) behind the SolarCoin Digital Asset Solcrypto proof of concept and records Solar Production Data. • Acts as an Incubator for Solar Blockchain-related West Africa/Solarly applications and seeks to establish an Inverter- Projects manufacturing Consortium. • The Goal of ElectriCChain is to build a network of +7million solar installations and gathering Data for Scientific (Climate Change), Meteorological (Weather forecast) and Financial (Solar Hedging) applications.
Technology IoT-Blockchain Datalogger Internet of Things (IoT) Datalogger method that ElectriCChain connects to the SolarCoin platform. The device then sends production Data to the corresponding user account, then the affiliate site logs this and uses an API to get claims from the SolarCoin Foundation. IOT- Blockchain Datalogger Separately, an IOTA blockchain records data IRT. Reflects to SolarCoin blockchain/ElectriCChain: 3nodes ElectriCChain
Bitseed Node-status
Technology West Africa Project A low cost data logger can connect to a single solar panel stand alone system anywhere in the world. It works directly off DC power and only consumes 2W of instantaneous power. The system also needs to run off a simple 12V battery. Home scale data logger Our supplier has tested these systems in India for 3 years. Consortium of Inverter Manufacturers Integrating IOT-Blockchain into Inverter-grade technology enables Standardization of the Communications Protocol allowing for interoperability of brands and models. Consortium of Inverter Manufacturers IOTA-Tangle enables constant (live) monitoring of solar installation, allowing for Grid Optimization.
IOTA-BitSeed-Solcrypto- COT-ElectriCChain The Th e ai aim m of of the the pr proje oject: A Solar Powered SolarCoin Node Generating kWh and requesting grants periodically from the SolarCoin Foundations API (Solaris). Th The e curr current ou outcome: connected API (from generator pool) Securit Sec ity: The security attack vectors and SWOT analysis by sub-system SolarChange Affiliate Websites Ai Aims: : Keeping the system streamlined to blockchain. Minimizing complexity Users Users Users #ninjanode1 @Solcrypto Balcony Follow #ninjanode1 on twitter.
Diagram
Applications Applications for the SolarCoin Blockchain, ElectriCChain: • Electricity trading, for solar owners, household and larger installs, • Predictive analytics: where, when and by who electricity is produced, energy storage, with origin tracking and smart grid applications on a minute by minute basis, • Near live weather energy monitoring, tracking of module degradation, • O&M support operations and maintenance, outage, equipment life cycle analysis, • Micro-climate analysis, pollution tracking, PM2.5, PM10, dust, Global Climate Change tracking, forecast analysis, global irradiance/insulation tracking, • Micro-finance potential in developing countries for individual DC solar kits and micro-grid independence for sharing: imagine each producer as consumer and each node bids/offers electricity as needed based on production, • Blockchain can publish to SideChains for parallel usecases and/or Business Models. The data can be fully public, semi- public, or private depending on encryption and keys. Data can be time delayed, or “higher quality” for price, using this same Blockchain. Different Blockchain explorers could have different decryption keys, • SolarCoin DOE NOT constitute a carbon credit nor certificate of origin, although the Blockchain has the capability to do this.
Further Reading Publications White Papers Articles • “ Connecting the Blockchain to the Sun to Save More than 60 articles online in over 23 countries: the Planet. ” L.P. Johnson, Ahmed Isam, Nick Gogerty, Joseph Zitoli. http://papers.ssrn.com/sol3/papers.cfm?abstract_ id=2702639 • SolarCoin Energy Model. This shows that the SolarCoin Blockchain uses only 7% of the BitCoin Blockchain ’ s energy to perform an equivalent transaction. https://docs.google.com/spreadsheets/d/1QzIA5N d3pVRGn2c48Oc_dqpImrOfYlwp74UzHXjArdE/e dit?usp=sharing • “ DeKo: An Electricity-Backed Currency Proposal. ” , Nick Gogerty, Joseph Zitoli. http://papers.ssrn.com/sol3/papers.cfm?abstract id=1802166
ElectriCChain Team and Ask Who are we ? • Fr Francois Son Sonnet - Based in Andorra, Solar Consultant, Co-Founder of Global SolarChange UG & Co-Founder of ElectriCChain • Lu Luke Joh Johnson- Solar Engineer, Based in Tokyo, Co-Founder CEO of Sunpulse K.K./ Solcrypto & Co-Founder of ElectriCChain https://about.me/johnsonluke The ElectriCChain is entering: • Partnership with large Industrial active partner to assist on Research&Development of the Blockchain Datalogger • Development of Datalogger as a Standard Communications Protocole Website: www.electricchain.org Email: f.sonnet@solarchange.co & lp@solcrypto.com ElectriCChain is a non-profit being registered under the Jurisdiction of the Principality of Andorra. Andorran Law. Check out the SolarCoin Foundation: www.solarcoin.org ElectriCChain: www.electricchain.org We are founders for this Blockchain as a Service (BAaS) project for scientific research in collaboration with research institutes.
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