REC Chain

Web 3.0 Based On

Renewable

Energy Chain

Discovering the Value of Renewable Energy Through Digital Transformation

White Paper

FEATURE 01

Enables renewable energy producers, consumers and industry professionals to integrate, validate and distribute data.

FEATURE 02

Solutions for greater efficiency and sustainability in clean energy production and consumption.

FEATURE 03

Propose the direction of the next-generation rapid growth engine that the renewable energy industry market can continue to prosper.

FEATURE 04

Aiming for a blockchain-based integrated data platform for the global energy landscape.

Solution

Power Genration · Blockchain · Infranet

REC Infranet’s data store consists of private storage (off-chain) and public blockchain (on-chain). This is because there is a large amount of data to be collected from REC plants (discrete and continuous data, copied documents, video files, etc.), which reduces the ideal of complete storage on the blockchain. Accordingly, information on data ownership, user authentication, payment, and management of rewards and deposit pools is selectively stored in the blockchain, and the remaining data items are stored off-chain.

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REC Infranet

Business Model Overview

Bitcoin mining possible with low power through renewable energy

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Technological Value

REC’s generator is advantageous in that it requires small enough power to be compared to the consumption of existing renewable energy motors and generators when operating renewable energy. Through this, Bitcoin mining is possible.

Theory Of Bandwagoning

REC’s smart electronic generator is a generator designed based on a new theory of Bandwagoning and four laws in the field of electricity and electronics, and the structure in which many electromagnetics are stacked is called a unit.

REC Infranet

REC Infranet collects various data related to the renewable energy industry from participants in the REC ecosystem participants. These data can be classified into structured and unstructured data and are collected and validated through the processes specified below.

Application of Blockchain

REC Infranet's data store consists of private storage (off-chain) and public blockchain (on-chain). This is because there is a large amount of data to be collected from REC plants (discrete and continuous data, copied documents, video files, etc.), which reduces the ideal of complete storage on the blockchain.

REC Infranet

Eco System

The REC ecosystem includes both current participants and those who can contribute indirectly to the future.

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REC Infranet

Business Flow

The platform of SEMP, the first partner of the REC ecosystem, will be used for scalability. One value of REC’s machine is worth 60 billion won, the size of a government project or a national project. In order for general users to join the REC ecosystem, the REC Foundation decided to use NFT.