Distributed Data Intelligence Protocol to Focus on Reducing Global Greenhouse Gas Emissions
Global warming caused by carbon emissions is the biggest challenge for humanity, as well as enormous financial opportunities.
Buildings cause more than 30% of the world's carbon emissions, making it the single largest source of carbon emissions because they consume around 60% of global electricity. More than 70% of all buildings were built before the first energy crisis in the 1970s, which created a huge market to improve their energy efficiency.
Bluenote launched the world's first blockchain-based energy efficiency protocol. This creates a decentralized ecosystem that allows building operators around the world to learn from each other how to waste less energy through distributed intelligence data.
Making buildings more energy efficient has a number of key benefits:
Produce enormous direct and sustainable cost savings by reducing their energy costs.
These cost savings make buildings more profitable and therefore far more valuable.
The non-financial, but sustainable, benefit is that increasing energy efficiency greatly reduces carbon emissions.
SUMMARY
Creating a zero emission world may be both the greatest environmental challenge & the greatest financial opportunity of our generation.
Buildings cause 33% of global climate changing greenhouse gases through the energy they consume. When
buildings use less energy, they can lower their operating costs and become significantly more valuable. In fact,
reducing their emissions by reducing their energy consumption may unlock more than $6.5 trillion in global
asset value. So why hasn’t this happened yet?
The Problem. Getting the right data to make the best decisions about energy efficiency in buildings is difficult.
A building’s energy use, operational and asset value data is rarely available. If it is, it is typically siloed in vendor hardware and software products, walled off from one another in expensive proprietary solutions.
Without easy access to data, building owners and investors have had difficulty proving how specific investments in building technology impact energy use and the bottom line.
The Solution. Bluenote will pull these data streams out of buildings and standardize it through a distributed blockchain solution called the Bluenote Protocol. The Bluenote Protocol is an open-access, confidential network that enables simple data sharing, data services, and building analysis in order to unlock new energy efficiency strategies in buildings. The software-based Bluenote Protocol can be used both with new applications and with energy technologies already installed in buildings throughout the world.
The Token. The Bluenote token is ERC20-compliant, utilizing smart contracts, which will be tradable under the ticker BNOW. Buildings and devices that integrate the Bluenote Protocol and share data are rewarded in Bluenote tokens. Buildings can then buy and use Bluenote tokens to purchase energy efficiency analytics on the Bluenote Protocol.
The Marketplace. The Bluenote Protocol simplifies and speeds up the energy efficiency service market. Rather than developing dedicated hardware and software integration for each vendor, a building connected to the protocol can buy a service with Bluenote tokens, and simply point the application to the location of their data already on the Bluenote Protocol. Further, as more data becomes linked through the Bluenote Protocol, applications will be able to mine the large data network for insights into building efficiency strategies that work, while preserving the confidentiality of the buildings sharing the data.
Who will use Bluenote?
● Building Owners and Managers can make retrofit decisions they can trust.
● Energy Tech Companies can have instantaneous access to building customers.
● Utilities gain a new way to manage the demand and costs of energy in real time.
● Financial Institutions can trace a change in asset value to verified energy reductions.
The Bluenote Protocol is a potentially revolutionary technology with a unique approach to the market. Where
other blockchain solutions in the energy industry simply attempt to tokenize energy trading, Bluenote instead
opens up an entirely new market for decentralized energy efficiency data services in buildings.
Why do we do this?
Since the COP21 climate conference in Paris in 2015, an international group of entrepreneurs, experts and investors has the same idea of working together as Bluenote Foundation to solve the biggest problems on earth, climate change, without being tied to the constraints of investors or politicians . They focus on solutions to restrictions on CO2 emissions that can be accessed globally, with sound financial returns.
Through the Bluenote Protocol, we can manage data for free, it is possible
innovators to create new products, and even entirely new markets, based on analyzing new high-quality universes and high-frequency data from buildings around the world. With Bluenote tokens as
incentive methods, buildings can enter new markets outside their traditional annual budgeting cycle, creating a virtuous cycle
reinvest in efficiency strategies.
Our Roadmap to a Zero Emission World.
Bluenote team
The core team
Jeremy Adelman
Energy and business models
Jeremy is a businessman and series investor. Previously, as Vice President and Co-Founder of Energy Foundry, a Chicago-based venture capital firm, Jeremy was active in all phases of the investment process and led various agreements in distributed renewable generation technology, sophisticated development efficiency, and oil. & gas. Jeremy co-founded the Coalition: Energy, one of the first joint work spaces focused on energy in the country, and acted as Managing Director of Smart Grid Cluster, an acceleration platform for energy-technology startups to promote regional growth and economic development. During his career, he has made millions of dollars in support from companies and individuals to fund innovation, research and growth.
Andrew Barbeau
Energy policy and innovation
Andrew has helped companies, governments and non-profits work to advance clean technology, smart cities, innovative governments and economic development projects on a local and global scale.
Hester Kranendonk
Community management
Hester is a successful legal and financial lawyer for an international company, who has decided to pursue his career in a sustainable business project and will develop, maintain and coordinate relationships between various participants in the Bluenote ecosystem.
Philippe Tarbouriech
Technology development
Philippe is a multidisciplinary technologist with more than 20 years of experience based in Europe and the US in technology pilot companies and major international organizations. Philippe operates best at the intersection of business, technology and marketing. Recently, Philippe won the Climate Fintech Hackathon at the Sustainable FinTech conference in Zurich.
Hans Tobé
Finance
Hans is one of the founders and CFO of Blue and previously worked in financial roles in international business for more than 25 years. In his last role, Hans was responsible for finance and operations at the Netherlands Trade Promotion Council for more than a decade, responsible for business supporting infrastructure in more than 20 countries.
Board member
The fifth Abeln
Law
Quintus has more than 35 years of legal experience and founder of Abeln Advocaten, an independent law firm with offices in Amsterdam and Paris.
Advisor
Alberto Pace
Technology advisor
Alberto Pace Leads a storage group at CERN and represents CERN on the Internet Community Advisory Board.
Malcolm Tan
Legal and market advisor
Malcolm is an entrepreneur-lawyer with extensive experience in the construction, telecommunications, engineering, retail, IT and financial industries.
Francisco Gordillo
Blockchain Strategy
Francisco is a serial entrepreneur and experienced executive in international technology and media companies. His main areas of expertise are Fintech, Insurtech, Blockchain, cryptocurrency, Bitcoin, Ethereum, smart-contract and cryptography.
Greg Cooper
Commercial housing
Greg is a brokerage partner at Sotheby International Realty. Greg's personal practice specializes in working with developers, builders and multi-family projects.
Chad Blevins
Financial and data analysis
Chad is the Co-Founder and Managing Director at Grid Economics. His clients include international real-estate developers who integrate energy into their investments, an international organization that supports cooperatives and cities with economic analysis of energy risk mitigation options, and many of the most successful development and grid-edge solar companies in the world. Chad has built a financial model for PV projects worth more than one billion dollars.
For more information, the link below:
Author by: Dava.Dina
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