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The SolarCoin ecosystem, an incentive for powering the solar revolution ? November 2016

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The SolarCoin ecosystem, an incentive for

powering the solar revolution ?

November 2016

SolarCoin works like a global airmiles reward program for solar energy producers; 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.

SolarCoin

Context

Subsidy Schemes for RE / Access to finance/ Pollution levels worldwide

More info: www.plumelabs.com

www.aqicn.org

What is a Blockchain ?

A Database• 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

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

Who does what ?-ElectriCChain is a (solar energy) Blockchain Accelerator and Consultancy-The SolarCoin Foundation grants coins-Solcrypto and SolarChange are web/mobile platforms acting as claims facilitators API (from generator pool)

The SolarCoin ecosystem

SolarCoin…

Users Users Users Users

Affiliate Websites

SolarCoin Foundation

SolarCoin Flow

1 SLR = 1 MWh of Solar Energy

SolcryptoSolarChange

ElectriCChain

- Has been recognized by the International Renewable Energy Agency (IRENA) as a reward for solar owners worldwide-Is a member of the European Solar Association, SolarPowerEurope- Is available on Coinomi mobile wallet (Android)- Is being listed on Swiss Exchange www.lykke.com for online trading SLR-USD ; SLR-EUR ; SLR-CHF- Has incentivized 150.000MWh of solar energy in 23 countries- Is integrating +10.000 Solar Installations in 2016

The SolarCoin ecosystem

• 240GWp at end 2015 % 7GWp in 2006• 7 million Solar Facilities worldwide.• Increasing to +200million (household)

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

• Working on micro-grid generation projects: ElectraSeed: power for 1.4billion people

• Working on a 3-node blockchain datalogger – SolcryptoJV

• Woking on securing the SolarCoin Vault

• Working on consultancy projects (micro-grid generation in Antilles and Southern France)

ElectriCChain is

7 million solar generators in the world.

Market

Partners & Observers

ElectraSeed project

Solcrypto Datalogger

IoT-Blockchain DataloggerInternet 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

Solcrypto Datalogger Diagram

The aim of the project: A Solar Powered SolarCoin Node Generating kWh and requesting grants periodically from the SolarCoin Foundations API (Solaris).The current outcome: connectedSecurity: The security attack vectors and SWOT analysis by sub-systemAims: Keeping the system streamlined to blockchain.Minimizing complexity

#ninjanode1 @Solcrypto BalconyFollow #ninjanode1 on twitter.

API (from generator pool)

IOTA-BitSeed-Solcrypto-COT-ElectriCChain Demo

Users Users Users

Affiliate WebsitesSolarChange

Applications

Business Models derived from applications• Electricity trading, for solar owners, household and larger installs:

Buy/Sell/Store/Trade Energy• 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 DOES 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 ReadingArticlesPublications 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/1QzIA5Nd3pVRGn2c48Oc_dqpImrOfYlwp74UzHXjArdE/edit?usp=sharing

• “ DeKo: An Electricity-Backed Currency Proposal.” , Nick Gogerty, Joseph Zitoli.

http://papers.ssrn.com/sol3/papers.cfm?abstract id=1802166

ElectriCChain Team Who are we ?

• Francois Sonnet- Solar Consultant, Based in Andorra, Co-Founder of Global SolarChange UG & Co-Founder of ElectriCChain

• Luke Johnson- Solar Engineer, Based in Tokyo, Co-Founder & CEO Sunpulse K.K./ Solcrypto & Co-Founder of ElectriCChain

• Christopher Altman- NASA-trained Astronaut, Based in San Francisco, Co-Founder ElectriCChain and Chief Scientist SolarCoin Foundation

• Nick Gogerty- Financial Analyst, Based in Greenwich CT, Co-Founder SolarCoin Foundation

Website: www.electricchain.org Email: [email protected] & [email protected] 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.