Selasa, 22 Mei 2018

SIMMITRI Tokens — Smart Energy Economy

SIM is the cryptocurrency token generated from within our “SimBox”, built to balance power between the consumer, prosumer, innovators and utilities. Each device acts as a node in our network which we call the Energy of Things whereas SIM provides the currency that will compensate users based on enhancing building performance.
SIM provides the consumer and prosumer with the incentive to reduce individual energy consumption, distribute to those who are in need and lighten the footprint we all stamp on Mother Nature.
Consumer
Consumers (homeowners, business owners, property managers, etc) have the ability to interface with the Simmitri exchange and have complete control over their energy profile. In conserving energy, the data metrics have demonstrated to generate Negawatts and to produce validation parameters on the blockchain to execute smart contracts, which in turn earns tokens, producing revenue for this user based on how much energy was saved. The user is then empowered to decide what they wish to do with the earned SIM tokens.
Prosumers
A Prosumer is anyone who produces energy resources as well as consumes it. This company, or individual will be able to take advantage of the system as their own utility grid, producing tokenized energy for sale to their local community as well as be incentivized to conserve energy, earning SIM for their own behavior modifications.

Introduction

 

SIM is the energy economy built for the future. Born within an elite solar company now known as Simmitri (simmitri.com), with the mission to restore a “balance of power” and continue building on their strong community relationships as we move forward into the 21 st century. SIM is the economic bridge that will fast track such relationship, providing a self-sufficient and decentralized network powered by artificial intelligence (AI), communicated through Internet of Things (IoT) and audited by blockchain technology.
SIM is an ERC20 compliant token that serves as the utility of the blockchain. Using the Ethereum blockchain, SIM leverages the commonly used public ledger to have no central point of failure and to create security through cryptography. The SIM token is a base currency in the exchange and allowed to provide the electric load reductions as a ‘bid’ in a wholesale energy
market. The tokenized reward system pays users a ratio of SIM to Negawatts in order to reward consumers for becoming energy efficient as well as additional tokens for Prosumers who generate power. In having a platform for users to trade their SIM tokens for other options such as; USD, Renewable Energy Certificates (RECs), carbon credits, other energy tokens and various Home Energy Management Systems (HEMS) products and services, we create an economy with a culture that balances profits with common goals.
Through partnerships, SIM tokens can be issued based on Negawatt earnings and used as a currency for various options;
1. Bill payment to utility provider for power usage
2. Upgrades from HEMS products and services
3. Trading SIMs for RECs, carbon credits and other energy products
4. Zero-fee transactions on cloud exchange
Simmitri has been recruiting a core team of blockchain experts who are researching and developing revolutionary strategies to incorporate our energy management systems approach, while integrating AI and smart contracts.

Simmitri Network Solution

  • Distributed Energy Resources (DER)
    Distributed energy resources (DERs) are electricity-producing resources or controllable loads that are directly connected to a local distribution system or connected to a host facility within the local distribution system. During high energy demand times and when the grid 19 is stressed, the utility company sends the Simmitri Cloud a request for its aggregate of customers to cut consumption as a demand response initiative.
  • Home Energy Management Systems (HEMS)The home energy management systems (HEMS) market innovators have developed a fairly large amount of utility-facing products as well as customer-facing systems. However, there are some issues that are repeating themselves in what has happened in the traditional grid over the
    decades considered to be patchwork on top of patchwork. Creating HEMS solutions for a smart grid just appears to be digital patchwork now. There are over 600 companies with multiple HEMS products flooding to help conserve energy, improve building performance and to do various tracking and management services, all offering their unique hardware/software solution of creating or managing energy efficiency. Furthermore, all putting their own 21 spin on the data collected.
    Albeit that we agree that there are truly some incredible devices that do exceptional performances, we still felt that there was a lack of standard in the new and improved smart home. As most companies create energy management products that are entirely utility-facing orentirely customer-facing, we believed the product needed to face both to help with creating a
    standard.
  • Simmitri Cloud ExchangeSimmitri is now in a position to facilitate an economy in which conservation, generation and demands interact efficiently. The growing energy market trend is in a peer-to-peer, decentralized model whereas consumers can participate in a trade economy to satisfy their energy needs. As we identify projects who create exchanges for consumers to buy and sell RECs and carbon offsets, the advantage of Simmitri would be in the solution of a more automated trustless system which the blockchain solves.

SIMMITRI Technological Solution

Simmitri Hardware

Simmitri leverages three primary hardware solutions in this economy. Starting with the electrical load panel, the “SimBox”, runs an ongoing energy audit of every circuit and possible distribution point sending a signal through the circuit wires and reads a unique electrical signature of each circuit, similar to a fingerprint. The smart socket “SimSocket” then sends feedback to the SimBox. The Simmitri Power Station, or “SimStation” is an added microgrid power station that allows you to produce electrons and send it back to the grid.

1. SimBox

The SimBox proposed technical functions will be:
  • Acts as a mirrored electrical panel that audits all energy-demanding devices in the building.
  • Receives communication from smart HEMS and IoT devices as to the identity of the device to further analyze the importance of what is a need or a want.
  • Responds with electrical feedback to the devices with needed power supply.
  • Collects and stores data from each device in the smart meter.
  • Runs the AI and blockchain protocols to ensure energy efficiency standards.
  • Stores private keys safely in the hardware storage of the device.
  • Act as the gateway to the Ethereum Network, reading the data from the Blockchain and tracking wallet balances.
  • Enable users to transfers their SIM tokens from wallet to the cloud exchange.
  • Exchange their earned SIM tokens to other cryptocurrency or fiat currency and transfer it to his account.

2. SimSocket

The SimSocket proposed technical functions will be:
  • Separate individual plug in sockets as multiple portals for energy flow.
  • For light sockets, allow for bulbs to be harnessed.
  • Consume data by “pairing” to a smart plug or IoT device.
  • Relay data back to Simbox.
  • Consume sensory data

3. SimStation

For Prosumers, a storage device could be implemented to store and transfer renewable energy from a solar panel or other means to effectively participate in the economy as an energy generator. This high-performance power station comes equipped with connections for multiple energy sources, pairs with multiple microinverters and processes storage at a fraction of the cost.

SIMMITRI Roadmap

Simmitri has been operating for over 23 years and has served over 4000 clients in the areas of power generation and energy efficiency. Throughout 2018, will be executing the following milestones to continue pioneering the energy sector.

SIMMITRI Partnerships

USEFUL LINKS

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