Keynote presentation: SolarCoin, Blockchain Tech & The ElectriCChain 7/06/2016

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1 Keynote presentation: SolarCoin, Blockchain Tech & The ElectriCChain 7/06/2016

2 What is SolarCoin? SolarCoin works like a global airmiles reward program for solar energy generators; counterintuitively the more people claiming those airmiles, the more they are worth in $'s. The ElectriCChain is a global platform to accelerate the growth of solarenergy, IOT (internet of things) and blockchain data technology projects with impacts ranging from the heights of commercial space and meteorology research to the smallest micro-generation and micro finance projects in Africa.

3 What is SolarCoin? Incentive for Solar Energy SolarCoin is claimed by individuals living in homes with Solar Panels on their roof or large solar farms SolarCoin is intended as a mechanism to incentivize generation of global solar electricity irrespective of political influence or Feed-in Tariffs SolarCoin is intended to shift the levelized cost of energy (LOCE) lower SolarCoin is built on its own cryptographically secure open Blockchain that is administered by global SolarCoin users in 21 countries. Digital Asset SolarCoin can only be allocated from the granting mechanism by the SolarCoin Foundation (SCF) or bought or sold on the exchanges and markets. SolarCoin is transparent using zero knowledge proof and trustless Data. It is based on Blockchain 2.0 technology (POST Algorithm). The user can earn 2% p.a. interest rate from their SolarCoin wallet by running it on low-power node. SolarCoins are like frequent flyer miles for solar panels Solar energy provides clean energy

4 What is SolarCoin? Claiming SolarCoins Claiming Rewards for solar energy production given by the SolarCoin Foundation to the claimant via Affiliate Claims Sites Solcrypto and SolarChange 1.Users sign-up and create an online Account 2.Users submit claim with Grid Connection docs Claim is screened and fwded to the SolarCoin Foundation (SCF) for independent verification. SCF accepts / denies claim 3.SCF grants SolarCoins to user s public wallet address SolarCoin Flow ElectriCChain SolarCoin Foundation API (from generator pool) SolarChange Affiliate Websites Solcrypto Interest on SolarCoins Users Users Users Users Until check-out of the SolarCoins in the Account, the claim gathers 2% annual interest The user can log to SolarCoin Balance. The user can view their pending claim, confirmed claim, and tradable claim as well as kwh produced (monitoring applications) 1 SLR = 1 MWh of Solar Energy

5 What is a Blockchain? What is a Blockchain? A Blockchain is a Database for a specific use where EVERYBODY who participates owns a complete copy of it locally. No master Blockchain and no central authority for an open Blockchain like SolarCoin Verification at each stage (every minute) for SolarCoin increases security as stakers must verify and exclude the wrong transactions when making a new block, stakers and participants who have the Blockchain must verify a new block when synchronizing. ElectriCChain is the Blockchain(s) powering the SolarCoin Digital Asset

6 Market Solar Industry 240GWp at end 2015 % 7GWp in million Solar Facilities worldwide. Increasing to +200million according to IEA Trends in target market, growing 20-35% p.a. Zero knowledge proof and trustless data for a sector that really needs innovation. (Energy sector) 7 million solar generators in the world. Blockchain Tech Blockchain is a Trustless Database sustained by a Peer-to-Peer Network R3CEV: Big Banks Consortium developing Private Blockchain for Back Office purposes (Clearing, Settlement and Custody), trading Ethereum: Smart Contracts Some technology examples: voting, sharing, renting, land register, notary deeds, DAO.

7 What is ElectriCChain? Project Driven Energy Blockchain New Software New Data Hardware New Markets/ Installations Scientific Discovery Big Data NASA ISS Grantings UN/NASA Space Charter COT-IOTA-Bitseed- Solcrypto proof of concept West Africa/Solarly Projects Blockchain Provider agnostic (IOTA/Ethereum/SolarCoin). 7 million solar generators in the world. Is the blockchain(s) behind the SolarCoin Digital Asset and records Solar Production Data. Acts as an Incubator for Solar Blockchain-related applications and seeks to establish an Invertermanufacturing Consortium. The Goal of ElectriCChain is to build a network of +7million solar installations and gathering Data for Scientific (Climate Change), Meteorological (Weather forecast) and Financial (Solar Hedging) applications.

8 Technology IoT-Blockchain Datalogger Internet of Things (IoT) Datalogger method that connects to the SolarCoin platform. The device then sends production Data to the corresponding user account, then the affiliate site logs this and uses an API to get claims from the SolarCoin Foundation. Separately, an IOTA blockchain records data IRT. Reflects to SolarCoin blockchain/electricchain: 3nodes ElectriCChain IOT- Blockchain Datalogger ElectriCChain

9 Technology West Africa Project A low cost data logger can connect to a single solar panel stand alone system anywhere in the world. It works directly off DC power and only consumes 2W of instantaneous power. The system also needs to run off a simple 12V battery. Our supplier has tested these systems in India for 3 years. Home scale data logger Consortium of Inverter Manufacturers Integrating IOT-Blockchain into Inverter-grade technology enables Standardization of the Communications Protocol allowing for interoperability of brands and models. IOTA-Tangle enables constant (live) monitoring of solar installation, allowing for Grid Optimization. Consortium of Inverter Manufacturers

10 Applications Applications for the SolarCoin Blockchain, ElectriCChain: Electricity trading, for solar owners, household and larger installs, Predictive analytics: where, when and by who electricity is produced, energy storage, with origin tracking and smart grid applications on a minute by minute basis, Near live weather energy monitoring, tracking of module degradation, O&M support operations and maintenance, outage, equipment life cycle analysis, Micro-climate analysis, pollution tracking, PM2.5, PM10, dust, Global Climate Change tracking, forecast analysis, global irradiance/insulation tracking, Micro-finance potential in developing countries for individual DC solar kits and micro-grid independence for sharing: imagine each producer as consumer and each node bids/offers electricity as needed based on production, Blockchain can publish to SideChains for parallel usecases and/or Business Models. The data can be fully public, semi-public, or private depending on encryption and keys. Data can be time delayed, or higher quality for price, using this same Blockchain. Different Blockchain explorers could have different decryption keys, SolarCoin DOE NOT constitute a carbon credit nor certificate of origin, although the Blockchain has the capability to do this.

11 Further Reading Publications White Papers Connecting the Blockchain to the Sun to Save the Planet. L.P. Johnson, Ahmed Isam, Nick Gogerty, Joseph Zitoli. id= SolarCoin Energy Model. This shows that the SolarCoin Blockchain uses only 7% of the BitCoin Blockchain s energy to perform an equivalent transaction. d3pvrgn2c48oc_dqpimrofylwp74uzhxjarde/e dit?usp=sharing Articles More than 50 articles online in over 23 countries: DeKo: An Electricity-Backed Currency Proposal., Nick Gogerty, Joseph Zitoli. id=

12 ElectriCChain Team and Ask Who are we? Francois Sonnet- Based in Andorra, Solar Consultant, Co-Founder of Global SolarChange UG & Co-Founder of ElectriCChain Luke Johnson- Solar Engineer, Based in Tokyo, Co-Founder CEO of Sunpulse K.K./ Solcrypto & Co-Founder of ElectriCChain The ElectriCChain is seeking: Funding at Corporate level with an active partner Partnerships with large Industrial partner to assist on Research&Development of the Blockchain Datalogger Partnerships with large Industrial partner to assist on building up a large Consortium of Inverter Manufacturers to use the Blockchain Datalogger as a Standard Communications Protocole Website: f.sonnet@solarchange.co & lp@solcrypto.com ElectriCChain is a non-profit being registered under the Jurisdiction of the Principality of Andorra. Andorran Law. Check out the SolarCoin Foundation: ElectriCChain: We are founders for this Blockchain as a Service (BAaS) project for scientific research in collaboration with research institutes.

13 Partners & Observers Partners Website: & ElectriCChain is a non-profit being registered under the Jurisdiction of the Principality of Andorra. Andorran Law. Check out the SolarCoin Foundation: ElectriCChain: We are founders for this Blockchain as a Service (BAaS) project for scientific research in collaboration with research institutes.

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