Paving the way to a Greener World with TerraGreen

Paving the way to a Greener World with TerraGreen

Blockchain Based Renewable Energy Platform

46
views

In 2012, the global demand for power and energy was computed to be 158,000 TWh, and it's predicted to be rising ever since. Unfortunately, renewable energy sources have only provided for around 19.2% of this total world power demand. Further, to attain this share, numerous schemes have been proposed and implemented which include government policies, commercial-scale technology development, tax incentives, and alternative funding avenues.

Despite all these benefits, a considerable portion of power continues to be generated by non-renewable and scarce resources, taking a toll on the already damaged climatic conditions. Today, even as people are looking for and demanding safer as well as cleaner living standards, there exist several bottlenecks in its complete adoption.

To pave the way for a cleaner environment and to eliminate the hurdles that are plaguing the same, TerraGreen has launched a renewable energy platform that's powered by blockchain technology. With over two decades of experience in the space of green energy, the founding members of the project are incredibly passionate about the vision of designing a sustainable economic system that runs on renewable energy sources.

The TerraGreen project does not achieve this purpose ordinarily; like its cause, the processes and technology implementations are also out-of-the-box and extraordinary. It unites everyone involved in the process and brings them onto a common platform to supply, exchange, trade, and utilize cleaner energy resources. In doing so, it eliminates middlemen throughout the supply chain. Be it technology, supply chain, or financial aspects- TerraGreen simplifies it all.

The TerraGreen platform does not shy away from revolutionizing the standard blockchain protocol. Developing its own blockchain technology based on SHA-384, it is radically transforming online markets and programmable transactions with public blockchain shared system, centralized blockchain shared system, and private blockchain shared system. TerraGreen leverages the public blockchain for introducing a layer of transparency, private blockchain for significantly reducing costs by automating internal processes, and centralized blockchain for auditing relevant transactions.

By leveraging blockchain and cryptography, the project empowers all the stakeholders, including biomass suppliers, renewable energy technology developers, power producers and investors with higher returns and fairer tariffs. The use of these technologies standardizes the processes for all stakeholders while introducing a new layer of transparency across transactions. Both buyers and sellers save time and other resources with more efficient processes. On top of all these merits, smart contracts make the entire platform safer, faster, and more reliable.

Moving and achieving beyond a business idea and plan, TerraGreen has already begun its journey to success. Having secured numerous producers of renewable energy, the combined power generation that it has secured it over 100MWe across the ten countries of Association of Southeast Asian Nations (ASEAN). Further, as energy crop plantations can assist in the creation of biomass which is a source of renewable energy production, TerraGreen envisions to acquire thousands of acres of land for planting Acacia Mangium, trees known for their adaptability and robustness.

The project has also identified its greatest challenges and is working relentlessly to solve the same. A significant roadblock in the production of renewable energy is storage of raw materials for processing. Instead of relying upon the industry or other players to provide solutions, TerraGreen has already acquired 2000 hectares of land in Malaysia for the above-mentioned energy crop plantation and will also be using it to supply raw materials for the sector.

With producers enjoying better and more efficient price allocation and buyers paying only for the energy that they use, the TerraGreen platform ensures that the entire ecosystem evolves with sustainable possibilities. With plans getting translated into actions, the decentralized application is all set to disrupt the renewable energy market with better equilibriums and features.

Popular Right Now

On June 22nd I Celebrated My 22nd

*Insert cliche Taylor Swift song "22"*

511
views

It's about time I turn 22. I've been told that after your 21st birthday, the years begin to fly past you in a blur. I don't know if I agree, but I can definitely say that I don't feel 22. Sometimes I look around at all the people who are freshmen in college, or juniors in high school, and I begin to reminisce about when I was their age. One thing getting older does do is make you a skeptical, cynical person.

I've thought a lot about my birthday as another day that I get to eat cake because let's face it, I'm not really here for anything else, except maybe a shot. I remember celebrating my birthday when I was younger was much different from what it turned into after I turned 20. Back in the day, I would celebrate my birthday with a pool party. Pizza, chips, cake, and soda. A few balloons and candles and that was it. I'd only invite my closest friends and we'd have so much fun.

I miss that kind of birthday. The kind you pick out an outfit for days prior, the kind you get so excited for and can't sleep, the kind that makes you feel special. It doesn't feel like that anymore. What it feels like now is, "welp, there goes another year." This line is also applicable to New Year's Eve, but we'll cross that bridge six months from now.

My birthday is pretty uneventful. It feels like the spark is gone, the excitement is gone. I wish I could feel happy that I'm turning 22, but I also know that it's just a reality that we all get older and things like birthdays begin to feel strange. You're faced to realize that you're supposed to have gained another year of experience and intelligence in the aspects of life, but it's almost like you feel the same.

It's safe to say that this has been a bit of an existential-crisis-themed birthday, but I'm just a little scared of getting older. I think we all reach a point where you realize you aren't invincible anymore. It's time to see what's in store for the future, what your career goals are, where you plan to move to after graduation, how to eat better, and how to feel like you've reached your full potential. It's a bittersweet moment in my life, but I'm ready to see what's next.

Related Content

Connect with a generation
of new voices.

We are students, thinkers, influencers, and communities sharing our ideas with the world. Join our platform to create and discover content that actually matters to you.

Learn more Start Creating

GSTAR (GOX) will launch mobile ecosystem soon

Mobile Game is Mobile mining

junelisa
junelisa
19
views

GSTAR, a mobile blockchain specialist, will soon launch a mobile blockchain system that will enable the mobile ecosystem. As a representative example, the method of mining Cryptocurrency by mobile beyond the mining by existing hardware type will be launched. By mining Cryptocurrency on mobile, anyone can mine it regardless of age, location and technical difficulty. Generalization of mining is realized.

In particular, Existing mining has been possible only by experts with advanced hardware and special software. The existing mining method could be monopolized by the large capital. However, GSTAR(GOX) enables the mining in a unique way called mobile mining game and allows anyone in the world to mine cryptocurrency. Especially, the game is 45 seconds short and simple mobile game and anyone can play the game intuitively without learning. With these games being mined, monopolization of mining is impossible and a shared economy becomes possible.

GSTAR (GOX) has simplified Blockchain and cryptocurrency to maximize accessibility and sharing as existing currency. It leads the world of complex cryptocurrency to a new level in a simple and clear way. GSTAR (GOX) releases Main-net in March. GSTAR(GOX) can be freely exchanged between token GSTAR and Main-net GOX. And API system of GOX is also introduced so that it can be applied to various contents including mining game. In addition, large-scale global air-drop will be carried out in April to implement the shared economy.

Since GSTAR (GOX) will be listed on the global exchange since the end of March, it is prepared for massive air-drop through exchanges. The Cryptocurrency received at this time is not just an air-drop, but can be mined through a direct mining game. We expect GSTAR(GOX) services to lead cryptocurrency to a new world.

junelisa
junelisa

Related Content

Facebook Comments