Dinda.lovers: ZERO CARBON

TACKLING CLIMATE CHANGE USING BLOCKCHAIN

ABOUT ZERO CARBON

The Zero Carbon Project has 2 parts:

deliver energy at a lower price than existing renewable and fossil fuel energy contracts; and
to entice people to use the Zero Carbon Project, provide a blockchain-driven incentive scheme to reward consumers for engaging with the Zero Carbon Project and encourage consumer action.

The first part of our solution consists of a competitive ‘Zero Carbon Market’ which provides consumers access to cheaper energy contracts where the carbon emissions have been offset by international carbon credits.

Secondly, our blockchain economy is based on Energis tokens that have been designed to capture the future value that customers receive form our Market. This is enabled using the distributed ledger, Ethereum smart contracts and crypto exchanges.

Energis tokens are underpinned by concrete value as energy suppliers must use them to pay their transaction fees for using our Market. Therefore, as our consumer base grows, the demand for Energis tokens increases, constrained by a fixed supply.

We intend that up to 70% of the transaction fees received by the Zero Carbon Project will be ‘recycled’ and provided to consumers as rewards for engaging with the Zero Carbon Project. Energy suppliers and consumers (“Customers”) can sell Energis tokens to other customers, including energy suppliers who purchase them to pay transaction fees. This is the Energis economic cycle.

WHAT PROBLEM ARE WE SOLVING?

Climate change poses catastrophic risks with uncertain timeframes.

Renewable energy technologies are responding well but they remain too expensive and so their impact on carbon emissions is slow.

Consumers are concerned about climate change but they continue to choose more affordable electricity generated from fossil fuels.

HOW ZERO CARBON MARKETS WORK

Suppliers of zero carbon energy can source from fossil fuels but pay a small premium to offset the carbon emissions using international carbon credits.

To cover the carbon offset premium in order to beat fossil fuel prices, our Market applies intense competition by attracting a wide range of suppliers to Market with their best zero carbon energy prices, tailored specifically to our consumers size, location and usage pattern.

Suppliers submit their best zero carbon energy offers
Offers are compared transparently using like-for-like comparisons, using an online switching system for households and an online reverse auction system for business.
Consumers select their preferred cheapest contract option across our Market.
The consumer completes the contract directly with the successful energy supplier.

HOW THE ENERGIS TOKEN ECONOMY WORKS

Energis tokens have been designed to be valuable in order to provide the catalyst for change and provide incentives for consumers to contribute towards tackling climate change.

Smart contracts have been deployed to the blockchain to manage the use and flow of Energis token transactions in the Energis economy.

ROADMAP

2018 Q1 COMPLETE ZERO CARBON MARKET SOFTWARE

2018 Q2 DEPLOY TEST SMART CONTRACTS

Q3 2018 Market to consumers from crypto community

Q4 2018 Deploy energis economy smart contracts List on distributed crypto exchange Launch zero carbon market in uk Register 1,000 household energy consumers in uk Modify market software for australian market Register energy suppliers in australia

2019

Launch zero carbon market in australia Modify market software for germany, texas and us east coast markets Register energy suppliers in germany, texas and us east coast Grow consumer base to 3,000 households Add more features to market software Implement blockchain scaling solutions Launch zero carbon market in germany, texas and us east coast markets Legister energy suppliers in the rest of the world Launch zero carbon market in france, italy, spain, netherlands, canada, japan and new zealand markets Grow consumer base to 30,000 households

TEAM