Arkreen Network
{"type": "project", "title": "Arkreen Network", "logoImg": "bafkreibz7lba7ww44j55l6qhtncy6r26nobut3muyobi65sanjm5pyiyyy", "website": "https://arkreen.com", "bannerImg": "bafkreigvchta4l6rr4n3p4rihukvyw3uvpr756mibolot2xwcjl7y3p2ga", "createdAt": 1692765790325, "credentials": {}, "description": "The Arkreen Network constitutes a web3-driven digital infrastructure for globally-distributed renewable energy resources connection and monetization to boost carbon-reduction applications. Employing a decentralized physical infrastructure network (DePIN) model, the Arkreen Network seeks to incentivize heightened user participation by sourcing climate data (green-data) acquired from pristine renewable energy sources like solar panels. This data holds multifaceted utility in mitigating extravagant energy consumption practices that precipitate the emission of greenhouse gases (GHGs). Arkreen Network is built on IoT (Internet of Things), AI (Artificial Intelligence), blockchain (Distributed Ledger Technology) and token economy. Consequently harmonizing massive users onboard to join the arkreen network to contribute towards accelerating carbon transition.  Arkreen Network aims to build up this infrastructure in a decentralized way from bottom-up by incentivizing climate actors in renewable energy areas. \n\nSupply Side uses Arkreen Network to 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.\n\nThe Demand Side uses Arkreen Network to access the electricity data and build applications and services (e.g., REC or Renewable Energy Certificate issuing and VPP or Virtual Power Plant) 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. What is more, realizing that Bitcoin mining can have a significant impact on the environment, some Bitcoin miners have started to adopt clean energy sources, such as hydro and solar power. As the renewable energy is not always available for some miners, alternative approach can be taken to alleviate the environment impact, such as Renewable energy credits (RECs) and Carbon credits.\n", "logoImgData": {}, "bannerImgData": {}, "projectTwitter": "arkreen_network"}