Arkreen Network
🌿 Net Zero DeEnergy Data Network
Arkreen Network is a WEB3 powered digital infrastructure for globally distributed renewable energy resources connection and monetization to boost carbon reduction applications
🌱 Arkreen Network aims to build up this digital infrastructure in a decentralized way from bottom up by incentivizing renewable energy prosumers and then monetizes their flexibility and demand response for carbon neutrality applications
💰 “Demand creates Supply” — a well known quote that has helped many projects and companies worldwide realize their potential. In the Arkreen Network ecosystem, this principle also operates, explaining the entire working principle of the project and its connection to the digital world of WEB3
1️⃣ The Supply Side — Arkreen Network declare how much renewable electricity it generates, stores or consumes. The network rewards the participating suppliers for their contribution. The owners of solar photovoltaic equipment and the household that saves energy on demand are examples of such participants for Supply Side
2️⃣ The Demand Side — Arkreen Network to access the electricity data and build applications and services based on it. The REC (Renewable Energy Certificate) issuer, the VPP (Virtual Power Plant) operator and the Green Computation operator are examples of such participants for Demand Side
🌐 Arkreen Network is built on IoT (Internet of Things), AI, blockchain and token economy. By digitizing the energy facility parameters and status, a twined context reflecting the physical facility could be created in the digital world. Blockchain protects the data integrity and in addition token economy encourages participants, energy producers, consumers or both, to be prosumers, to build a harmonious Distributed Energy Resources ecosystem and monetize their contribution with little friction
With those innovative technologies, Arkreen Network aims to build up this infrastructure in a decentralized way from bottom up by incentivizing climate actors in renewable energy areas
⚡️ The purpose of Arkreen Network is to build a decentralized bi directional data infrastructure to reduce the friction in energy data harnessing and thus foster various applications around Distributed Energy Resources
🍃 In the modern world, there is a significant challenge in the extraction, processing and utilization of clean green energy. The Arkreen Network team aims to address this issue and make a substantial breakthrough in this field by incorporating the latest technological advancements and integrating it into the digital world of WEB3, where the possibilities for work and interaction within the ecosystem are exponentially greater. The Arkreen Network team is developing a specialized set of tools and technologies to ensure that every user of the Arkreen project can seamlessly operate within this extensive ecosystem, simultaneously benefiting the environment and advancing these technologies. The future technologies are already among us, allowing users to contribute to the cause without even leaving their homes
🧩 Carbon neutrality is one of the biggest challenges facing mankind in the 21st century. Among the most significant contributors to global GreenHouse Gas emissions is CO2 emitted by power generation, accounting for around 30% of the total global greenhouse gas emissions. As global economic growth has demanded more and more electricity, the carbon neutralization progress of the power system plays a key role. That’s why Intergovernmental Panel on Climate Change investigation has called for serious concern on renewable energy to mitigate the climate impact
Hydropower, wind power, solar power, and biomass power are the primary renewable energy resources for electricity generation. Today, hydropower contributes to the majority of green electricity. However, it’s nowhere near enough. Other types of renewable energy such as photovoltaic power are quite scattered. The longtail small scale Distributed Energy Resources are often underutilized due to the difficulty in collecting, exchanging and harnessing the energy data for better usage
🎯 The Arkreen Network project is designed to address all these challenges by implementing its advanced Green Technologies and engaging a larger audience from the digital world of WEB3. It aims to provide people with the opportunity to contribute online, benefiting both the Arkreen Network ecosystem and the environment. Additionally, the project seeks to make renewable energy sources more efficient in terms of operation and interaction with data on incoming Green Energy
🥇 Arkreen Network believe in an infrastructure that aggregates data from, and passes downlink control of the data to energy facilities in a secure and trusted way, is the foundation for a thriving distributed Renewable Energy Ecosystem. The purpose of the Arkreen Network is to build such an Infrastructure as a Service harnessing innovative power via a WEB3 future. There are various pieces of equipment, machines and devices that generate, store or consume renewable electricity. Thus it’s a complex technical, engineering and economical problem how to coordinate and incentivize all participants to achieve higher efficiency and lower carbon emission
The de carbonization effort is contributed to if, a generation party generates more renewable electricity to decrease the overall requirement for fossil based electricity. Also, a storage party absorbs energy in times of abundant generation and feeds that energy to the consumer or the grid in times of shortage, which reduces the wasted energy amount and thus increases the usage efficiency. As well as, a consumption party moves parts of its power plan from energy shortage time to abundant time
💡 To help address contemporary issues in the Green Energy sector, the Arkreen team has taken several crucial initiatives that have had a significant impact and garnered support throughout the digital community of WEB3. Arkreen Network has established a reliable Infrastructure as a Service network grounded on three fundamental pillars: the Internet of Things, blockchain technologies and the token economy
1️⃣ The Internet of Things ensures that the energy measurement data can be collected directly from the equipment without any middleman, as well as any remote control instructions could be securely passed to the equipment to meet the coordination requirements
2️⃣ The blockchain, which is a decentralized tamper resistant distributed ledger protocol, protects data integrity and transparency using consensus of computer nodes to validate with Zero Trust that the data is real
3️⃣ The token economy incentivizes the participants to contribute to the infrastructure and benefit from the network as a result of green asset circulation and service income
Upon the Arkreen Infrastructure as a Service, the participants may conduct various energy services such as Virtual Power Plant and accurate monitoring and forecasting, as well as green financial services such as Renewable Energy Certificates trading and Real World Asset collateralization. Such applications are believed to foster a Renewable Energy Ecosystem
💚 Hello family Arkreen, I appreciate your reading of this captivating article about the large and rapidly growing ecosystem of Arkreen Network. It is a young and highly ambitious project that has already made waves in the entire digital community, capturing the attention of leading projects and various communities in the WEB3 world and this is just the beginning. The Arkreen team is determined and committed to changing the world for the better, creating cutting edge technologies that will contribute to improving the ecological aspect of our planet and making the extraction and use of Green Energy more efficient. Join the Arkreen Network project, and together we will transform both the digital and real world for the better
