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Greeneum
Greeneum Overview
Greeneum has created a blockchain-powered, sustainable, scalable, secure energy and data trading platform.
The company’s platform is an energy production management system that enables contributors from around the world to invest in green energy projects, including solar, hydro, and wind power, while creating production efficiencies during demand fluctuations. With Greeneum, stakeholders can reliably produce, trade, and consume clean energy on a worldwide scale.
To protect contributors and bring greater transparency to its projects, Greeneum’s patented platform is built on the Ethereum blockchain. Agreements are held on this distributed ledger, which helps ensure that terms are secure and visible at all times.
Greeneum Climate Tech relevance
Currently, less than one third of the world's energy resources are sustainable, and until now, progress in clean energy technology has faced difficulties due to centralized systems, caused by a lack of initiative and demand. Greeneum supports eco-conscious and carbon-neutral living by connecting all stakeholders in one platform, meaning that they can reliably produce, trade, and consume clean energy more efficiently while leveraging their carbon impact on a worldwide scale. Based on blockchain technology and smart contracts, Greeneum creates a P2P trusted framework for recording, management, and trading of products, data, and energy, and thus monitors and rewards the reduction of the carbon footprint throughout the macro and micro-network.