SolarCoin, Blockchain Tech & The ElectriCChain 24/06/2016 - - PowerPoint PPT Presentation

Keynote presentation: SolarCoin, Blockchain Tech & The ElectriCChain

24/06/2016

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?

What is SolarCoin?

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

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. 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 irrespective of political influence or Feed-in Tariffs

• 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. SolarCoins are like frequent flyer miles for solar panels Solar energy provides clean energy

Claiming SolarCoins Claiming Rewards for solar energy production given by the SolarCoin Foundation to the claimant via Affiliate Claims Sites Solcrypto and SolarChange 1.Users sign-up and create an online Account 2.Users submit claim with Grid Connection docs Claim is screened and fwded to the SolarCoin Foundation (SCF) for independent verification. SCF accepts / denies claim 3.SCF grants SolarCoins to user’s public wallet address 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 “tradable claim” as well as kWh produced (monitoring applications)

API (from generator pool)

What is SolarCoin?

Interest on SolarCoins

Users Users Users Users Affiliate Websites SolarCoin Foundation SolarCoin Flow

1 SLR = 1 MWh of Solar Energy

Solcrypto SolarChange ElectriCChain

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

• 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 sector) Solar Industry

• 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…. Blockchain Tech

7 million solar generators in the world.

Market

7 million solar generators in the world.

What is ElectriCChain?

New Software NASA ISS Grantings UN/NASA Space Charter COT-IOTA-Bitseed- Solcrypto proof of concept West Africa/Solarly Projects New Data Hardware New Markets/ Installations Scientific Discovery Big Data

• Blockchain Provider agnostic

(IOTA/Ethereum/SolarCoin).

• Is the blockchain(s) behind the SolarCoin Digital Asset

and records Solar Production Data.

• Acts as an Incubator for Solar Blockchain-related

applications and seeks to establish an Inverter- 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.

Project Driven Energy Blockchain

Technology

IoT-Blockchain Datalogger Internet of Things (IoT) Datalogger method that 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. Separately, an IOTA blockchain records data IRT. Reflects to SolarCoin blockchain/ElectriCChain: 3nodes IOT- Blockchain Datalogger

ElectriCChain ElectriCChain

Bitseed Node-status

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. 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. IOTA-Tangle enables constant (live) monitoring of solar installation, allowing for Grid Optimization. West Africa Project

Technology

Home scale data logger Consortium of Inverter Manufacturers

Th The e ai aim m of

• f the

the pr proje

• ject: A Solar Powered SolarCoin

Node Generating kWh and requesting grants periodically from the SolarCoin Foundations API (Solaris). Th The e curr current ou

• utcome: connected

Sec Securit ity: The security attack vectors and SWOT analysis by sub-system Ai Aims: : Keeping the system streamlined to blockchain. Minimizing complexity #ninjanode1 @Solcrypto Balcony Follow #ninjanode1 on twitter.

API (from generator pool)

IOTA-BitSeed-Solcrypto- COT-ElectriCChain

Users Users Users Affiliate Websites SolarChange

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.

More than 60 articles online in over 23 countries:

Further Reading

Articles Publications White Papers

• “Connecting the Blockchain to the Sun to Save

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

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.

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

Partners & Observers

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.

Partners