Blockchain technology has gotten to the level in which the whole world cannot do without it. We have discovered that this technology is making the news headline everyday which symbolizes global and rapid adoption of this technology. But despite the greatness and potential of this technology, there are still some things that needed to be improved upon its use. We have several and different blockchain network such as bitcoin blockchain, ethereum blockchain, eos blockchain, tron blockchain and some other more. The level of difficulties associated with each of this blockchain network varies based on the type of blockchain.
We have some blockchain that are more cumbersome and difficult to use than some others, we also have some that easy to use but they are lacking some other qualities. Let’s take for example the speed of transaction which is solely dependent on the nature of blockchain transaction. Some transactions do take several hours before it could be confirmed on the blockchain network, some blockchain also charges high transaction and mining fees. This is the reason why a new team has gathered around to rectify this problem by launching a new blockchain project known as
Serenity is a platform that aims to create an ecosystem, where every household is fitted with a renewable energy production and storage capabilities, a small-scale energy generator is connected to the distributed grid, and is part of a shared economy monetizing their planet caring through incentives and rewards.
In addition, the Serenity Source is a global platform created to use the blockchain technology to revolutionize the energy generation and energy trading with the major focus on the renewable energy sector.
The Serenity Source process to solving to solve the energy generation and trading across the globe is unlike the conventional energy distribution that we used to know but is a different approach that will involve energy transaction sales, various energy trading, other support activities base on the blockchain technology. With the Serenity Source ecosystem, national electricity operators will be able to connect the platform, offering to stabilize the demand and supply of electricity power, relying on the subsidiary station, and to ensure a transforming of blockchain and renewables.
Serenity looks forward, imagining a world where every home is fitted with renewable energy and connected with blockchain technology. It is true that there are many challenges and obstacles that will be faced because as is well known that this industry has been dominated by 'big' players who are centralized and not transparent, but Serenity believes that this problem can be solved.
Serenity Source has launched its token that will be used in the ecosystem.
It will be the main utility token that will serve as a means of all transactions of the following;
To be used to have access to Serenity services
Use to perform tasks for the Serenity platform
To be used for acquiring of benefit share in the revenues generated
The value of the token will keep increasing as the memberships of the community grow consistently to create a higher demand for the token.
Additionally, the token will gain high value when the company implements the policy of “token buy-back and burn operations to guarantee its investors ROI.
The members of the community will redeem and burn tokens for the equitable to share incomes and non-publicize profits which are generated by the company via the development of the project (Solar, wind, battery farms and Net-Zero real estate).
The Impending Challenges
This great innovation was prompted as a result of challenging confronting the power sector across the world today. The power sector today is facing the problem of moving from a centralized architecture with a minor number of large-scale energy suppliers (Coal, Gas, Hydro, and Nuclear) to a decentralized system of distribution Energy Resource (DER), which included solar and wind.
A substantial section of the renewables energy generated has been lost as a result of the power sector unable to excellently address the architectural change to renewables and decentralization.
The electricity generators are still faced with the challenging of balancing electricity generation and consumers demand and lack of transparency in the energy market trading and lack of rewards for reduction of energy usage. The end users bear the cost of insufficiencies power supplier which is not commensurate to the paying energy prices.
Another challenge facing the sector is the complexity in the regulations and the cost of entry. These are two major issues that are causing monopolies in the markets worldwide.
Across the world today, consumers of the electric power are interested to know the power, is generated, distribute and consumer so that they will have more control, but such avenue has not been granted them because of monopolies of the market.
The energy and building sectors have a direct correlation concerning energy usage and its loss.
Despite this interest by the final consumers, there is a huge gap of understanding of the rewards of building by passive standards that will enhance this interest.
The Solutions Offered by Serenity Source
After judicious research and finding, the project teams were able to come up with a lasting solution that will help to check those problems that were highlighted above. One of the great things that are happening to the energy sector is that Serenity Source is bringing blockchain technology to enhance transparency and control to the consumers and provide a solution for those people that have sidelined by the conventional systems.
As it was mentioned above that Serenity ecosystem will link the National Electricity Operator, offering the necessary stable between the consumer's demand and supply or generator of electricity power, relying on the subsidiary station, and to ensure a transforming of blockchain decentralization and renewables.
The energy generated in a particular region, will also be traded and consumed in that particular region with the lowest impact of the rest of the already established electricity architecture, eliminating high-voltage or low-voltage requesting situations and reducing the distribution or transmission loss that occurs because of long distances.
The Consumers members of the Serenity Source will have the opportunity to benefit via the lower price of electricity and getting a rewarding deal for generated and exported energy. There will be low administrative costs because the platform is built on blockchain technology and smart contract utilization.
Carbon credit will be for the rewarding of renewable energy generation.
The ledger structure distribution will offer protection and unchangeable proof of tokenized ownership of the asset and enhance a various energy market transactions executed via the set of smart contracts allowing a distrustful environment for all the members of the serenity community.
The has taken a giant step the is very favourable to them by accepting a Rapid Building System, passive-house solutions in the building sector, very due time and develop Serenity Net-Zero energy networks for renewable energy generation.
The Rapid Building System might radically lower residential energy usage in advanced nations that are up to 40% of the total energy utilize.
Initial Exchange Offering (IEO)
Investing in this project will yield a high Return of Investment (ROI). As we can see the sources of revenue for the project, that will boost or enhance the return of investment. Supporting this project will help in a long way for the actualization of this great innovation. The Initial Exchange Offering (IEO) is currently ongoing in Sistemkoin exchange, you can visit their website below at the end of this write up for more info how you can be part of this great project.
1% of pre-mined tokens will be available for sale, stage 1
5% of pre-mined tokens will be available for sale, stage 2
34% of pre-mined tokens will be available for sale, stage 3
5% of pre-mined tokens will be distributed through Air Drop, Bounties, Referrals, Marketing
40% of pre-mined tokens will be held in Treasury
15% of pre-mined tokens will be held by Founders and Core Team
Author : Maniecool
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ETH Address: 0xc7a5bdAa10D8C40f7a7FAF35995C794bB769166b