[ICO][ANN]⚡🌍 ApolloChain - disintermediary energy trading platform ⚡🌍

[posiandu]

ApolloChain
A smart contract-based disintermediary energy trading platform

PRE-ICO         [05 May, 2018 - 15 Jun, 2018]         Soft cap: $500,000 USD Hard cap: $1,000,000 USD

ICO         [01 Jul, 2018 - 1 Sep, 2018]         Soft cap: $8,000,000 USD Hard cap: $20,000,000 USD

ABSTRACT

Blockchain is a digital ledger in which transactions made in cryptocurrency can be recorded chronologically and publicly. Blockchain has been widely studied for its applications in the energy field.  It provides an innovative solution for data interaction, information security, and creates the possibility of deploying such technology in an energy trading platform. Blockchain is well suited to facilitate peer to peer energy traidng in decentralised markets.
 
Blockchain gives reliable identification capability to each electricity transaction, reduces credit cost, enables swift automatic settlements between entrusted parties, substantially lowers transaction cost, and effectively improves efficiency.
 
This Business White Paper (hereinafter referred to as “the paper”) provides an overview of the economic characteristics of the power of some major markets in the world; then the paper outlines Apollochain’s core business, future development, and technology base; and finally, the paper reveals the current operational structure, and management model of the Appollochain project.

DESIGN PHILOSOPHY OF APOLLOCHAIN

Renewable generation is one of the fastest growing industries in the world. In 2016, the total installed capacity of photovoltaic (PV) power station worldwide exceeds 65GW with 32% growth, while the accumulated installed capacity is approaching 300GW with 35% increase. As two main players in the solar industry, the US solar market has 78% year-on-year capacity growth, and China identically experiences solar industry boom by reaching approximately 30GW installed capacity.  
In the meantime, the solar power generating cost has a further decline due to the competition amongst equipment manufacturers: 18% reduction on global levelised cost of energy (LCOE) was realised in 2016 over 2015 and ultimately maintained at $100/MWh.  

The future of new energy market is also promising. According to KPMG’s forecast and British Petroleum (BP)’s research:
New energy has the fastest growth with annual increase of 6.6%, and the total installed capacity will be double in 2020. Figure 2.1 shows the consumption portion forecast of new energy worldwide in 2030:

While in the solar energy filed, according to KPMG’s research, newly increased capacity of PV power station is and will be expanding with significantly 330% growth from
111.68GW in 2012 to 3695.64GW by 2040:

APOLLOCHAIN ECOSYSTEM INTRODUCTION

Conventional Energy Trading Mode
Electricity, as a commodity, is generally referred as electric power, which is a secondary energy generated by coal, petroleum, gas, water, nuclear，wind, solar, etc. for mankind use . The power sector consists of generation, transmission, distribution, and retail sectors

Operated and managed by a centralised transaction institution is the most common practice of current energy trading. Apart from sustaining its dynamic equilibrium, a large number of third-party institutions (e.g. insurance, credit, finance lease, rating, etc.) are involved in the energy trading system for insuring the transaction safety. Such overloaded transaction processes and establishments, from the cost and security perspective, stand for enormous maintenance cost, expensive third-party fees, and dramatically being prone to defaults of data loss and tampering.


Apollochain New Energy Trading Platform
As an innovative tool, blockchain technology intrinsically matches distributed energy within a deregulated energy market. Following the progressing power reform and the growingly opened power retail market, distributed generation, as a fast developing sector, makes the demand side users possess both generator and consumer identities with deep engagement in this industrial reform.
On picture reveals the basic structure of Apollochain trading platform that contains transaction layer, extended layer and blockchain layer. Renewable energy system is the principle of the transaction layer, while the trading parties contain power generators, power grid, distributed power station, “smart home” (household users as well as energy generator) and other renewable energy holders. Each party initiates and terminates its energy transactions at this layer, then all the relative data is delivered to the extended layer forming smart contracts and eventually being stored in the blockchain layer.

Above all, Apollochain deploys Blockchain 3.0 technology to set up its trading platform. Aiming at all the deregulated and retail-oriented energy markets all over the world, Apollochain can be rooted in those countries and regions via current connections and resources to establish fundamental users who could be generators, wholesalers, institutional or individual electricity consumers, to realise direct transactions between parties, weaken centralised trading cost, and avoid losses on government pricing. In this case, a smart grid with IoT (Internet of Things), AI (Artificial Intelligence) and Blockchain technology becomes the critical physical basis of achieving all the above targets (together “The Energy Internet”).
Smart grid allow for demand side management, and it either can be involved in a centralised grid network or create micro-grids by connecting the end-users who are geographically close to each other. Also, another device of significance in smart grid, is an intelligent electric meter (or known as Smart Meter). It requires a wide range of installation for obtaining users’ power consumption data and consumption/production behaviours. Based on this data, the smart grid, by carrying out electricity cost notification, real-time pricing, power-cut scheme, etc., is able to reduce scheduling cost and instruct power consumers to have a more rational electricity use.

However, as a core device, smart meter itself can suffer more risks in a centralised grid.
Large damages could happen if one single smart meter was subjected to issues of malicious software, being imitated, physical hazard, or even manipulation or losing private key, as the entire grid is under a centralised management thereby attacking just one spot of the grid can bring serious economic and production loss.
Apollochain on the contrary can avoid and in control of the above risks, insuring minimum loss and danger on the grid by distributing metering and deploying peer to peer verification of data accuracy. Blockchain’s tamper-resistant features ensure a safe and transparent energy trading process. It also enables a secure and efficient operation on micro-grid in a decentralised market and supports real-time peer to peer energy trading.

ROADMAP

[Q1, 2018]
Formation of Team

[Q2, 2018]
Whitepaper release

[Q3, 2018]
Finish Smart Meter
Engineering & Launch the 1st Microgrid
Project in Australia

[Q4, 2018]
Mainet Online

[2019]
Pilot installation of smart meter  
Transaction tests for the micro-grid project
Launch Apollo Energy Trading Platform (Solar Unit) and accomplish the 1st electricity transaction on main-net between PV power station owner and electricity consumer  

[2020]
API expansion and developing  
Energy Retailer Business unit online  
Start carbon trading pilot projects

[2021]
Widely promotion of Microgrid project in Australia and Southeast Asia region
Glovally construction retail electricity network
Government-wide cooperation on demand-side-management in the regions where APOLLO has presence and operations

[2022]
Achieve real-time electricity transaction settlement in the global wholesale market
Develop EV charging piles & UAV charging heliports with AI tech and connect to Apollochain

Our whitepaper:
Download

Our Official  channels and groups:

Facebook  |  Twitter  |  Telegram  |  Medium  |  Reddit  |  Instagram  |  BOUNTY

HTTP://WWW.APOLLOCHAIN.IO

[posiandu]

OTHER LANGUAGES

Filipino ANN: https://bitcointalk.org/index.php?topic=3478467
Russian ANN: https://bitcointalk.org/index.php?topic=3439397
Turkish ANN: https://bitcointalk.org/index.php?topic=3449688
Portuguese ANN: https://bitcointalk.org/index.php?topic=3422104
Chinese ANN: https://bitcointalk.org/index.php?topic=3403113
Japanese ANN: https://bitcointalk.org/index.php?topic=3738383
Hindi ANN: https://bitcointalk.org/index.php?topic=3578357
French ANN: https://bitcointalk.org/index.php?topic=35599713
German ANN: https://bitcointalk.org/index.php?topic=4050227
Spanish ANN: https://bitcointalk.org/index.php?topic=4495123

[posiandu]

reserved

[tukangapusapus]

an exciting new trading energy platform, what's the difference between APOLLOCHAIN projects than others? because there are many similar projects that appear in the market

[geronimo77]

Will you build your own power plant or look for partners? And who will be able to offer energy on your platform? For example I buy energy on your platform and where I live without power lines, do you support me to install them?

[LoveCryptoAll]

Long read what you wrote here. A lot of information about the universal energy, the drawings depict power plants, solar panels, houses, cars. But, until the end, I still do not understand, but what do you actually propose? The system for controlling electricity consumption?

[Murile]

I think this project is very good, I am interested in investing in this project. but I do not have enough capital to do so. now I just join the bounty campaign
merculet

[Vinxent]

If the project collects a good amount, is it possible to more quickly implement the road map items? I can not say that the road map is oriented to the maximum operational time.

[kul0n]

I'm glad to see that the technology of blockchain is being introduced into various fields of activity. I am sure that this innovative tool will help in implementing your idea. I wish you success!

[heavensuperman]

an exciting new trading energy platform, what's the difference between APOLLOCHAIN projects than others? because there are many similar projects that appear in the market

Apollochain deploys Blockchain 3.0 technology to set up its trading platform. Aiming at all the deregulated and retail-oriented energy markets all over the world, Apollochain can be rooted in those countries and regions via current connections and resources to establish fundamental users who could be generators, wholesalers, institutional or individual electricity consumers, to realise direct transactions between parties, weaken centralised trading cost, and avoid losses on government pricing. In this case, a smart grid with IoT (Internet of Things), AI (Artificial Intelligence) and Blockchain technology becomes the critical physical basis of achieving all the above targets (together “The Energy Internet”).
Smart grid allow for demand side management, and it either can be involved in a centralised grid network or create micro-grids by connecting the end-users who are geographically close to each other. Also, another device of significance in smart grid, is an intelligent electric meter (or known as Smart Meter). It requires a wide range of installation for obtaining users’ power consumption data and consumption/production behaviours. Based on this data, the smart grid, by carrying out electricity cost notification, real-time pricing, power-cut scheme, etc., is able to reduce scheduling cost and instruct power consumers to have a more rational electricity use.

[heavensuperman]

Long read what you wrote here. A lot of information about the universal energy, the drawings depict power plants, solar panels, houses, cars. But, until the end, I still do not understand, but what do you actually propose? The system for controlling electricity consumption?

It is a smart contract-based disintermediary energy trading platform.
In 2017, the global electricity generated by new energy has occupied nearly 50% of the total power generation.  Most countries are heavily funding clean energy for addressing carbon emission; global warming, and solar is growingly gaining its importance. An approximately $5,300 bn market which is yet to be developed indicates a very delightful future.
Smart contract with double encryption mechanism protects power consumers from malicious data collection or information stealing. Attacking one single power generating spot has no threat to the entire grid thanks to its distributed operation system, decentralized structure, and blockchain 3.0 technology. Information is well secured as well as safety is greatly promoted.
The solar power generating cost has a further decline due to the competition amongst equipment manufacturers: 18% reduction on global levelised cost of energy (LCOE) was realised in 2016 over 2015. Meanwhile, the electricity price of photovoltaic (PV) power station is almost same with conventionals, thus higher competitiveness of PV means continuous declining investments.

[heavensuperman]

Welcome to the APOLLOCHAIN World — First Launch Event, Project Progress, and More!
Dear all,

Thank you for all your attention and interest on our project. Also, as a member of Skycoin Fiber, it has been a very enjoyable and delightful journey so far of seeing Skycoin’s fans and working with the Skycoin’s team.

So, about us: APOLLOCHAIN deploys Blockchain 3.0 technology to set up its unique energy trading platform, aiming at all the deregulated and retail-oriented energy markets all over the world with the fundamental users who could be generators, wholesalers, retailers, institutional or individual electricity consumers, to realise direct electricity trade amongst them.

Our target is making electricity consumption not boring and reserved any more: you can play with it on our platform via electricity real-time trade/crowd-funding/pre-sale. We will start from the solar energy first, so households participants and even some institutional players could easily join in this fun ecosystem.

In the future, we also plan to diverse the electricity consumption side, make our participants being able to invest shared electronic vehicle charging piles and UAV charging stations build in their own place, and earn stable returns from the public as well as the express or logistic companies.

For more background knowledge of our project, we kindly ask you to check our official website where you could download our Business White Paper: http://www.apollochain.io/

[heavensuperman]

Will you build your own power plant or look for partners? And who will be able to offer energy on your platform? For example I buy energy on your platform and where I live without power lines, do you support me to install them?

We will conduct this in parrallel. For pilot or trial projects, we shall build on our own, but in other countries where we already had cooperation partners (i.e. Singapore and India), we will work with them.
Users on our platform who have their own photovoltai (PV) power stations are able to offer energy. However, electricity trade can only be realised between 2 parties who are geographically close to each other. We support community users of course, but an individual user shall be case-by-case

[heavensuperman]

If the project collects a good amount, is it possible to more quickly implement the road map items? I can not say that the road map is oriented to the maximum operational time.

Yes. Roadmap is picturing a guidance for people to undertand where we will be in the near future. We actually have already in the middle phase of getting our 1st pilot project, and some key instruments such APP and smart metre are almost done.

[blackdagger]

How are you guys better than WePower?

[heavensuperman]

How are you guys better than WePower?

We don't say which project is better than which one...in fact, energy-related projects  (particularly solar dominated) are all looking alike. The fact is, each project has their own resources and business coverages. We have strong project resources in Australia and Asian, while knowledge base & solid market relation in China. Australia we can guarantee real operation, while China perhaps stands for our future.

Business wise, Wepower has crowd-funding as their typical business unit and hope to realise global electricity trade, we focus more on deploying blockchain teh on the current electricity trading model, manage to customise users electricity consumption, and making it into a fun activity to everyone.

[blackdagger]

How are you guys better than WePower?

We don't say which project is better than which one...in fact, energy-related projects  (particularly solar dominated) are all looking alike. The fact is, each project has their own resources and business coverages. We have strong project resources in Australia and Asian, while knowledge base & solid market relation in China. Australia we can guarantee real operation, while China perhaps stands for our future.

Business wise, Wepower has crowd-funding as their typical business unit and hope to realise global electricity trade, we focus more on deploying blockchain teh on the current electricity trading model, manage to customise users electricity consumption, and making it into a fun activity to everyone.

Thank you for the answer. Makes sense now.

I will be looking more into this project as I'm interested in this field and want to grow my portfolio in the energy sharing project tokens.

[Miz]

What is the value of your token?

[heavensuperman]

What is the value of your token?

pre-ico will be about USD 0.3 = 1APL. We will send out an official announcement next month

[gslgroup]

Apollochain ANN + Bounty thread is translated into Russian! Please, join discussions by this link. In case you have any questions or notes on translation please post it here or PM me.