Lol great article ^^ Here is the google translate of it so anyone can read it in english (some of it does not make sense, but you can figure it out:):
Reliable money for solar energy
Renewable energy needs investment. The green certificates by the Flemish authorities were not really a success , but perhaps a digital alternative like the SolarCoin might be the difference. MO * spoke with founder François Sonnet.
Who thinks of crypto - currencies undoubtedly thinking of bitcoin . We have now all been blown hear about but few dare to really use (even I do not) . In the shortest possible terms such as digital currency Bitcoin and SolarCoin is one that you can buy online , and perform payments. Still important : the currency is functioning without a central bank without a central controller .
The only validation that occurs on such coin is the identification of a single currency (one or one bitcoin SolarCoin ) via the block chain - a word to remember. Which block chain is a kind of database technology that provides a unique identifier each currency and in which a worldwide network of computers out the verification . Important to remember: no central bank, no central verification system. So no one has control over . Once the network grows , the currency , its use is growing and gaining currency strength.
What the SolarCoin still does, put it to work alongside global computers, link the value to the production of renewable energy with solar panels. It has some similarities with the 19th century gold standard, when each banknote was based on the guarantee of a gold stock. The SolarCoin is a kind of green certificate, and the issuing office is the SolarCoin Foundation.
Green power = SolarCoin
François Sonnet: "We have seen the SolarCoin as digital currency that is directly linked to the power production of solar panels. Those who like solar power producer register with the SolarCoin Foundation (located in Andorra), will receive the foundation SolarCoin 1 per megawatt hour electricity produced. Free and for the next thirty years. It is a way to convince people to join. That goes quite simple: you install a SolarCoin wallet on your computer and you provide us a copy of your official registration of your solar panels at the local grid operator. From that you register every six months your production and receive SolarCoin in place. "
Today 1 SolarCoin is worth approximately 0.11 euros, but that remains according to François Sonnet not. "Based on statistics, we think the value of one SolarCoin will rise to 20 to 30 dollars. Only and only because the network grows, increasing the number of solar Coins and more can happen with it, the value life will lead to international markets. We encourage speculation not but we did not control. "
What happens to the data?
For such a technologically advanced currency as SolarCoin is to retrieve device data over the power production per individual user still fairly artisan. Every six months, each user registers his power production based on official certificates, which are then validated by the SolarCoin online community through the block chain database. The SolarCoin Foundation then presented on the basis of the Solar Coins out.
Also a faster processing of the data makes the SolarCoin Foundation now work. Thus, it is intended to live to register the data of all the registered solar panels via not less than three block chains. The users remain anonymous, but if it gets any watt or a unique code, so to speak, an identity. The project, called Electric Chain was given the ambition to 24 hours at 24 hours, the dates of 7 million solar power plants make them available online for scientists, researchers and entrepreneurs. The Electric Chain has already the support of NASA, Reuters, MIT and other impressive-sounding names.
François Sonnet: "Besides the obvious benefit of knowing what live produce solar parks - not least for operators - is a lot of other useful information like that available. You can keep meticulous weather and climate change. Did you know you can even measure the air pollution from the production data from solar panels? The possibilities are impressive, both for consumers and scientists, and commercial applications. "
But how anonymous is anonymous? "We guarantee that we are not Facebook that markets all data on individuals' Sonnet claims. "If we do this well than leave those registered us for another alternative and collapsed immediately in our network. We saw only the legs from under them our own seat. "
Extra advantage
Going back to the idea of SolarCoin as groenestroomcertficaat. Like no other, we know what difficulties faced by the government in Flanders with the right reward and value of renewable electricity. The Turteltaks recently nekte the minister who lent her name to - nota bene at the hands of their own party chairman. It explains a lot of the underlying reason for the SolarCoin.
"We want to participate to ensure that a stable environment is created that invest in solar panels, here and elsewhere in the world, encourages' says François Sonnet itself still a co-founder of the now defunct solar energy company SunSwitch when the first Walloon player that market. "But the situation in Belgium remains with it," says Sonnet. "There are countries with a lot of sun and therefore a huge potential for solar power where the investment climate due to corruption and other reasons it is so weak that the solar industry does not get off the ground. If the SolarCoin helping to create the stable environment, our mission was successful. "
Or the SolarCoin all the ambition to stimulate investment in solar parks will eventually realize, remains to be seen. Everything hinges on an increasing number of people that believe in ... the power of the network. Anyhow will arouse the combination with the initiatives on live data about solar power production interest of public authorities, network operators and other players in the market. But there lurks a danger around the corner, what if the SolarCoin a huge success and the speculation exploded - it can also paralyze investment in solar power?
