BLUENOTE - The Energy Efficiency Protocol - The Leading Blockchain Solution to a Zero Emission World
PREAMBLE
A storm has hit the investment market which we are not going to recover from. Crypto investment is that storm. With strict capital controls in place by most countries to control the flow of money and charge high taxes, cryptocurrency gained usage in circumventing capital controls and taxes, leading to an increase in demand. Cryptocurrency has been able to present an easy to use digital alternative to fiat currencies. Offering frictionless transactions and inflation control, investors have been prudent enough to add these currencies in their diversified portfolios as an asset, as the size of the market does not represent a systemic risk. Cryptocurrency employs the use of cryptography that assures high-security processes and verifies transactions personal to each user. Hence, counterfeiting and anonymous transactions are impossible to achieve.
While this revolution is gaining wide acceptance, Bluenote, the leading blockchain solution to build a zero emission world has arrived.
"The impact of blockchain in the financial services industry has been widely assessed. Blockchain is now getting more attention in the energy sector, where its transformative potential also appears impressive. This raises strategic and business issues for energy market participants.
Blockchain could then contribute to lowering already decreasing energy sector entry barriers and therefore allow new players to venture into large energy companies’ playground, with innovative business models and new ways to sell electricity or energy related products. It is an opportunity for potential new entrants on this market.
Global warming caused by carbon emissions is both humanity’s greatest challenge, as well as an enormous financial opportunity. Buildings cause over 30% of the world’s carbon emissions, making them the largest singular source of carbon emissions because they consume about 60% of global electricity. More than 70% of all buildings were built before the first energy crisis in the 1970s, which creates an enormous market for improving their energy efficiency."
With that being said, Bluenote is launching the world’s first blockchain-based energy efficiency protocol. It creates a decentralized ecosystem which allows building operators around the world to learn from one another how to waste less energy through distributed data intelligence.
But before we go any further, please check out this video presentation to get even more acquainted
Now that I have your attention, let’s get right to it.
What exactly is BLUENOTE?
As depicted above, Bluenote is the leading blockchain solution to build a zero emission world. Bluenote is launching the world’s first blockchain-based energy efficiency protocol. It creates a decentralized ecosystem which allows building operators around the world to learn from one another how to waste less energy through distributed data intelligence.
In addition, the bluenote projects aims to fix global warming by bringing in new orders of magnitude regarding every building and utilities across the world, and the project will fulfill the hard task with the bluenote protocol.
The Problem
Getting the right data to make the best decisions about energy efficiency in buildings is difficult. A building’s energy use, operational and asset value data is rarely available. If it is, it is typically siloed in vendor hardware software products, walled off from one another in expensive proprietary solutions. Without easy access to data, building owners and investors have had difficulty proving how specific investments in building technology impact energy use and the bottom line.
The Solution
Bluenote will pull these data streams out of buildings and standardize it through a distributed blockchain solution called the Bluenote Protocol. The Bluenote Protocol is an open-access, confidential network that enables simple data sharing, data services, and building analysis in order to unlock new energy efficiency strategies in buildings. The software based Bluenote Protocol can be used both with new applications and with energy technologies already installed in buildings throughout the world.
The Bluenote Protocol will utilize this blockchain technology to not only provide energy data that is more reliable and safe for its users, it will also enable everyone to use this data to develop better energy solutions. the Bluenote protocol has the potential to unlock more than $650 billion in value globally.
About The BLUENOTE Protocol
The Bluenote Protocol is a decentralized network of building (homes, offices, utilities, schools) data, paired with a token-based system for data processing and decision making software services. The Bluenote Protocol does not act as a data gatekeeper or central hub, but rather as a collaboration enabler. The protocol is developed as a series of Nodes, packaged data services connected through the network and recorded on the common ledger. Each node allows data to be pulled in standard formats from buildings into separate data streams, each one accessible with permission by the broader network without jeopardizing confidentiality of the building.
The Bluenote Protocol provides an alternative to keeping data locked in vendor silos, and allows for the easy sharing of the intelligence exposed by data across a decentralized network, opening up new opportunities for energy efficiency that are not otherwise possible.
The Bluenote Protocol is built on five core principles:
Open Access
Any project can access the Bluenote Protocol and its ecosystem.
Decentralized
The Bluenote Protocol is not a single relational database or centralized server.
Transparent
All shared data streams connected to the protocol are accessible to all apps to be used, along with any transactions or uses of that data.
Confidential
To maintain confidentiality, all data streams are identified by a unique key protected and shared only with the platform users.
Data has value
Participants can be rewarded with bluenotes token as reward simply for uploading useful data to the protocol, however the rewards depends on the quality of the content to the platform.
The Protocol
Reward Structure
A Reward Pool will be established to seed the Bluenote Protocol with quality building data and to facilitate data generation, uploads, and application deployment by 3rd parties, as a kickstart to the Bluenote token economy.
Community Data Sharing
Data owners may wish to elect to share some of their data with the Bluenote community as a whole in an anonymized or protected format through the Bluenote Protocol.
Fully Decentralized Data Collection
The Bluenote Protocol allows for data owners to establish their own protected node, rather than having to share their data with a “platform” or “cloud.”
The Token
The Bluenote Protocol facilitates a market for software and data access based on an ERC20 token. The token leverages distributed exchange infrastructure and solutions to serve protocol users or token traders wherever they are.
The Benefits
It generates an enormous direct and continuous cost saving by reducing the energy costs of the building.
It allows cost savings which in turn make buildings more profitable and therefore substantially more valuable.
The non financial, but sustainability benefit, is that the increased energy efficiency greatly lowers carbon emissions.
About The BNOW Token
The Bluenote token is an ERC20-compliant cryptocurrency, utilizing smart contracts. which will be tradable under the ticker BNOW. Buildings and devices that integrate the Bluenote Protocol and share data are rewarded in Bluenote tokens. Buildings can then buy and use Bluenote tokens to purchase energy efficiency analytics, from application developers who use the Bluenote Protocol.
Token Details
Token Symbol : BNOW
Total Supply : 12,500,000,000 Tokens
Tokens for Sale : 6,250,000,000 (50%)
Platform : Ethereum Token Issue : Immediately
starts after IEO Start / TBA
KYC : Document KYC IEO Token
IEO Token Price 1 BNOW = CHF 0.01
Public Sale Cap CHF 10,000,000
Public Sale Cap : CHF 10,000,000
Total Fundraising Goal : CHF 20,000,000
Accepted Currencies : BTC
Token Allocation
Fund Allocation
#blockchain #Bluenote #climatechange #crowdfunding #energyefficiency
ROADMAP
December 2015 - Launch
Blue City Solutions (“Blue”), the global coalition that helps improve people’s lives by testing, sharing and implementing the best smart city solutions, officially launches at COP21 in Paris.
May 2016 - Discuss
Blue hosts an open innovation debate for stakeholders from the international energy world at the Blue Horizon event in Amsterdam, where commercial real estate is discussed as the largest singular source of carbon emissions in cities.
September 2016 - Focus
Blue initiates a project to develop a protocol that enables the global real estate market to track energy efficiency live: the Bluenote project.
February 2017 - Open
The Bluenote project team is formed with the goal to develop a protocol that powers an independent, decentralized economy that helps to optimize energy efficiency for commercial real estate around the world.
Fall 2018 - Share a token generation event
Everyone who passes the KYC process can participate in the Bluenote token investment pool and in the economics of Bluenote token performance. Bluenote tokens are based on the Ethereum blockchain ERC20 Token Standard.
2018 - Build realtime energy reporting
Bluenote will launch the world’s first open-data, real-time building performance protocol to benchmark and verify each building’s energy, emissions and financial data.
MEET THE AMAZING TEAM
ADVISORS
Be a part of this incredible project. Download the whitepaper for the full scoop.
Till next time…
For more information, please visit:
Website: https://bluenote.world/
Whitepaper: https://bluenote.world/uploads/content/Bluenote-White-Paper-December-2018.pdf
ANN Thread: https://bitcointalk.org/index.php?topic=5079953.0
Summary: https://bluenote.world/uploads/content/Bluenote-Summary.pdf
Slidedeck: https://bluenote.world/uploads/content/Bluenote-Executive-Summary.pdf
Twitter: https://twitter.com/bluenote_world
Facebook: https://facebook.com/bluenote.world
Telegram: https://t.me/bluenoteworld
LinkedIn: https://www.linkedin.com/company/bluenote_world/
Medium: https://medium.com/@social_72385
Author: Cryptoholical
My Bitcointalk Profile: https://bitcointalk.org/index.php?action=profile;u=2487106
My Ethereum Address: 0xF3f7b9c45864006DBd1571De53d5847C0d11438c
Disclaimer: This article was published in terms of the bounty campaign. I am not a project team member or its representative but a supporter of this incredible project.