ZERO CARBON: TACKLING CLIMATE CHANGE USING BLOCKCHAIN

WHAT IS ZERO CARBON PROJECT ?

Zero Carbon is the marketplace where energy providers and clients can find each other, with the first offering competitive prices for ‘green’ energy production. The main mission of this project is to promote the development of the market for renewable energy by introducing beneficial energy contracts for consumers. The platform will reward users of ‘green’ energy with Energis tokens which can trigger the positive changes.

Zero Carbon Project has given the solution that provides a better and quicker material impact than just providing renewable energy which may take much more years for mass adoption. The Zero Carbon Project can tackle climate change by immediately impacting carbon emissions. They Solution provides a quicker material impact than just providing renewable energy which may require several more years of mass adoption. They do this by leveraging international carbon credits to offset carbon emissions of energy contracts which is much cheaper than buying renewables but just as effective in reducing total carbon output. The Zero Carbon Project aims at reducing carbon emissions radically during a time framework of fifteen years. The project of Zero Carbon provides an opportunity for environmental scientists, as-well-as power customers to carry up carbon emission decrease. Also, They leverage the Ethereum blockchain to reward consumers with Energis tokens for consuming zero carbon energy.

Zero carbon project using the blockchain aims to tackle climate change at a much-reduced cost. Also in a bid to entice people to use the zero carbon project, they will put in place an incentive for users.

The Project’s goals are to have an material impact on carbon emissions all over the world. Project has designed a two part solution which uses Zero Carbon Markets to deliver a lower price energy contract and Energis tokens as a reward mechanism to provide the catalyst for change.

Lower Pricing For Energy Contracts
Zero Carbon has strived to create an ecosystem where a ‘Zero Carbon Market’ exists to provide an avenue where considerably cheaper energy contracts (when compared to the costs of the alternative renewable or fossil energy solutions) is made available and accessible to consumers via international carbon credits.

Incentivizing customer participation in the Zero Carbon Project
Leveraging on Blockchain based tokenisation, Zero Carbon has introduced the Energis tokens (NRG) which are designed to create value for holders and energy customers with the Zero Carbon ecosystem. The idea here is to create a system of value for Energis tokens as they will power trading of energy contracts and other transactions in the Zero Carbon. Customers within the ecosystem will be rewarded with 70% generated revenue from the market as rewards for actively participating in the Zero Carbon Project.

HOW DOES WORK ?

Along with blockchain, the platform uses also international carbon credits, which allow suppliers compete with each other. This kind of strong competition leads to drastic price drop. Basically, the process in the platform can be described as follows:

In the beginning energy offers are being submitted to the platform;
Offers are being compared through a special system;
All available options are presented to the energy consumers;
Consumers evaluate these options and choose the best one according to their needs and can get in touch with the supplier directly.
The consumer completes the contract directly with the successful energy supplier.

BENEFITS
There are amazing benefits that suppliers and customers alike enjoy. The Zero carbon project runs like a market. The suppliers benefit by gaining new clients from the market, the customers benefit by getting lower priced energy contracts when they switch to Zero carbon contracts. They will also receive rewards in the form of Energis tokens for the contribution to the system. The general market also receives Energis for using the system.

Transaction fees on the market are paid with Energis tokens, and as more people start using the system and need to pay for fees, the demand for the tokens will rise. The supply of Energis is fixed, which invariably means the people that hold the token now determine the price of it in the future based on the demand. This will drive the price up.

TOKEN INFORMATION
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