Climate Curve

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Project Summary / Description:

"SolarCoin is the World¬¥s first (solar) energy-backed (digital) Currency" - Nick Gogerty, SolarCoin Foundation 

SolarCoin is Money. It is a 2 Trillion USD project. 

SolarCoin is a Digital Asset benefiting the entire Solar Industry Value Chain: ie Manufacturers, Asset Managers, PV Owners, households (prosumers), Inverter/Monitoring Companies, EPC's/O&M, Utilities, Governments, NGOs & central banks, allowing for uptake of Solar Power at a Global Scale, hence initiating the Global Energy Transition. It is open-source: anyone can post solar data to the SolarCoin Blockchain.

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Best Estimate of GHG Avoidance/Reduction of This Project (Tonnes CO2 Equivalent/Year):

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Impact on Underrepresented Groups:

The SolarCoin solution focuses on Community and Financial inclusion, Prosumer and Household Engagement in the Energy Transition, and enables the development of decentralized social networks and a decentralized platform for the collaborative economy: 

At its root, SolarCoin is a Digital Asset that uses the features of DLT (Distributed Ledger Technology) to empower prosumers and households, thereby creating value (ie: the Network Value) in using this common currency. By distributing SolarCoin to solar power producers and creating nodes, the social and economic utility of this new currency builds up and creates transactional value for the community using it. SolarCoin has the advantage that it can be easily deployed with online, desktop and Smartphone tools/applications in a matter of minutes with zero-knowledge-proof. 

Currently, there are 10 million individual solar installations globally that can deploy and implement SolarCoin (for free). It is estimated that a dozen solar monitoring platforms (such as SMA-Sunny Portal) run and log data on +-50% of these solar installations. Hence, targeting SolarCoin through these solar monitoring platforms can allow for rapid deployment of this financial solution. This can be done with the open-source SolarCoin API available to skilled Blockchain developers. 

Upwards of +200million individual solar installations will come online in the next decade 2020-2030, as solar power increasingly becomes the cheapest form of energy across the globe. Node count can thereby be distributed democratically. 

Regardless of their origin, women, people of colour, youth, climate-vulnerable communities, anybody can participate in the SolarCoin programme.