Swiss Alps Energy AG is a distributed ledger-based energy supplier and an operator of flexible modular mining infrastructures that are intended for longterm stationary use. Thereby, SAE preserves the aforementioned unused buildings in the Swiss alps and uses them sensibly and without interference with either building structure or the environment.
The Problem
Over the last few months alone, the Bitcoin Energy Consumption Index has increased by 30%. If bitcoin energy consumption continues to grow at such rates – and no suitable optimization measures are taken – by 2020, bitcoin mining would exceed global electricity consumption by 21 TWh..
In 2017, average costs are estimated to have quadrupled. The mining market is a global business, whereby more than 80% of the mining is done by Chinese-owned businesses. The second largest provider is the Czech Republic with a market share of about 10%. The industry is in an «arms race» and the current crypto currency prices create incentives to add production capacity. There evidently is a need for alternative energy models for the mining of crypto currencies.
In 2017, average costs are estimated to have quadrupled. The mining market is a global business, whereby more than 80% of the mining is done by Chinese-owned businesses. The second largest provider is the Czech Republic with a market share of about 10%. The industry is in an «arms race» and the current crypto currency prices create incentives to add production capacity. There evidently is a need for alternative energy models for the mining of crypto currencies.
The Solution
Swiss Alps Energy AG (SAE) strives to promote digital transformaton and sustainability in the Swiss alps. The company is a distributed ledger based energy supplier – SAM Power Plant – and an operator of flexible modular mining infrastructures – SAM Cubes – which are intended for longterm stationary use.
Swiss Alps Energy AG aims to achieve the goal of being energy supplier, energy sales platform and neutral network node provider through its SAM Power Plant, SAM Cubes, and SAM Centers.
Swiss Alps Energy AG provides the foundation for many future-oriented applications: financial asset custody and transfer, product tracking through blockchain and IoT in logistics and transportation, electronic records in healthcare, and identity management to simplify the KYC process for any conceivable industry are just a few examples of how distributed ledger technology can be used.
Swiss Alps Energy AG provides the foundation for many future-oriented applications: financial asset custody and transfer, product tracking through blockchain and IoT in logistics and transportation, electronic records in healthcare, and identity management to simplify the KYC process for any conceivable industry are just a few examples of how distributed ledger technology can be used.
• SAM Power Plants
By means of direct participation in or the purchase of green power plants such as hydropower plants, photovoltaic systems and wind power plants, SAE does not buy but produce the sustainable and cost-efficient power to operate the SAM Cubes. These power- generating units are the so-called SAM Power Plants.
SAE supports the decentralization and digitization of the energy transition through tokenization and an integrated Internet of Things (IoT) for the purchase or exchange of electricity. Hereby, SAE acts as an independent energy supplier, connecting the interested parties. SAE receives data on the electricity produced and consumed, as well as the respective energy price. This information is stored on the blockchain and therefore transparent and visible.
• SAM Cubes
SAM Cube is a modular, fast-mountable cube consisting of an aluminum case and a ventilation system adapted to its use.
The flexible and modular mining cubes provide cutting-edge automation and require little maintenance. In addition to highly efficient ventilation units, an Organic Rankine Cycle (ORC) system is in the project phase. ORC systems use the waste heat of industrial processes (through a downstream steam power process) to generate electricity and thus use the waste heat generated by the mining process to recover energy. SAM Cubes are located at a high altitude and a therefore lowered boiling point of water, which facilitates this process.
The cubes are self-contained and operate autonomously. For extensive maintenance and monitoring, each cube communicates with the central management platform that monitors the cubes and assigns to each cube the optimal parameter to maximize mining for maximum profit.
• SAM Centers
In each alpine area where Swiss Alps Energy AG will be operating cubes, a branch office will be installed, so-called SAM Centers. This ensures that in addition to the benefits from the protection of cultural assets the local municipalities may profit from tax revenues. Also, for on-site services such as on-call duty and security, local talents will be recruited and trained for deployment. The SAM Centers promote the economic viability of the respective community and may have a lasting postive impact on other sectors.
• SAM Blockchain
Before using a specific distributed ledger technologies (DLT), a user has to evaluate whether the targeted solution is to develop a private, a public or a hybrid blockchain, and whether a mix of different frameworks should be applied. SAE is aware of today’s market needs and offers a platform as a service (PaaS) that offers the corresponding freedoms to the customers. Users can assemble the desired technology stack according to their needs.
• SAM KYC-AML
SAM KYC-AML is a service of SAE that allows online service providers such as banks, the government or e-commerce shops to verify its customers in a simplified manner. This is possible without a customer having to disclose comprehensive data. The customer’s identity is always saved on the central data storage of the service provider and can thus be verified based of the available data.
• SAM Power Plant
With the SAM power plant, SAE connects two current technological worlds in order to offer a simple and smart solution to sell electricity to the industry.
Finally
Swiss Alps Energy AG (SAE) strives to contribute to the digital era and to strenghten the foundation of the groundbreaking blockchain technology. The company aims to advance the digital transformation and bring it to consumers and businesses alike. SAE develops and promotes possibilities and solutions based on distributed ledger technology and seeks to turn digital currencies into an everyday feature
Swiss Alps Energy AG will hold an Initial Coin Offering (ICO) in early 2018. The funds raised in the ICO will be used to finance the development and expansion of the mining facilities and to acquire holdings in hydropower plants. The SAM token, Sam, is an ERC20 token. It can be used as means of payment within the SAE mining and service universe and will be tradable outside the SAM platform on all relevant exchanges.
✅Website: https://swissalpsmining.io/
✅Whitepaper: https://swissalpsmining.io/pdf/whitepaper.pdf
✅Twitter: https://twitter.com/swissalpsmining
✅Facebook: https://www.facebook.com/swissalpsmining/
✅Reddit : https://www.reddit.com/r/swissalpsmining/
✅Medium :https://medium.com/@swissalpsmining
✅Telegram Group: http://t.me/swissalpsminingICO
✅Bitcointalk ANN: https://bitcointalk.org/index.php?topic=3799103.0
✅Whitepaper: https://swissalpsmining.io/pdf/whitepaper.pdf
✅Twitter: https://twitter.com/swissalpsmining
✅Facebook: https://www.facebook.com/swissalpsmining/
✅Reddit : https://www.reddit.com/r/swissalpsmining/
✅Medium :https://medium.com/@swissalpsmining
✅Telegram Group: http://t.me/swissalpsminingICO
✅Bitcointalk ANN: https://bitcointalk.org/index.php?topic=3799103.0
Author of article:
✅Bitcointalk username: Erik_Smuel
✅Bitcointalk profile link: https://bitcointalk.org/index.php?action=profile;u=2020517
✅Bitcointalk username: Erik_Smuel
✅Bitcointalk profile link: https://bitcointalk.org/index.php?action=profile;u=2020517
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