Bluenote is a solution

Introduction

The creators of Bluenote suppose that global warming, the reason of which is carbon emissions, is not only the greatest challenge of humanity but it is also an enormous financial opportunity. Over one third of the carbon emissions arounds the world is caused by buildings which makes them the largest source of carbon emissions as the percentage of the consumed world's energy is about 40 %. The fact that over 70% of the buildings were built before the first energy crisis which was in the 1970s opens new possibilities for creating an enormous market in order to improve their energy efficiency.

They created Bluenote which is the first energy efficiency protocol based on blockchain in the world. A decentralized ecosystem is created by it and the ecosystem allows building operators around the world to learn from each other what ways it is possible to waste less energy distributing data intelligence.

There are several major benefits of making buildings more energy efficient, for example, continuous and direct cost saving is generated by having their energy costs reduced. Moreover, buildings become more profitable due to these cost savings which means they also become more valuable. More importantly, carbon emissions are lowered by the increased energy efficiency greatly that is not the financial but sustainability benefit.

The protocol

They will establish a Reward pool in order to seed the Bluenote Protocol with quality building data and to develop data generation, uploads and third parties` application deployment and facilitate the Bluenote token economy.

The data collection is fully decentralized. The data owners are allowed to have their own protected node so they do not need to use “a platform” or “cloud” for sharing their data. If data owners want to share some of their data with the Bluenote community, they can do it in an anonymized or protected format via Bluenote Protocol.

A market for data access and software is facilitated by the Bluenote Protocol and it is based on ERC20 token. The distributed exchange infrastructure is facilitated by the token and the token serves the users of the protocol and token traders, no matter where they are. The tokens of the founders and early investors are subject to a vesting period of 24 months. If the tokens are not sold, they will be held by Bluenote World AG which is not going to sell more than CHF million in token value every year.

Summary

The Bluenote Protocol is a unique, intelligence technology and economy that can be applied in the real world. It offers many solutions to the problems they have to face. It is easy for buildings to connect data to their own nodes and there is no need to rely on a “cloud” of a vendor. The owners of the data can give secure access to data analytics through Bluenote without showing the data they do not want to expose. The Bluenote community is going to enable a marketplace of software services and data analytics that is able to connect easily to data nodes. Bright lines are created between financial performance assets and carbon reductions.