SERENITY : RENEWABLE ENERGY TRANSFORMATION WITH THE BLOCKCHAIN

INTRODUCTION
People's engagement with utilities for so long have tended towards more disadvantage than the advantages that should be enjoyed. Users have lost the control they once had over the energy they used from the beginning and no solutions have been seen to arise. However, having transparency is necessary if this current traditional way of distributing and providing this Utilities will be improved for end users to gain their control once again. The power sector of today is inadequate, not meeting the standard that has been set from the beginning and even renewable type is not given the attention that is required because it will eventually be the future source of power when it comes into massive adoption. Renewable energy is a source of power that produces green energy unlike the carbon source type that is been consume which have grave consequences on the environment. Renewable type energy is what is able to birth decentralisation into the sector to address all the problems of irregular supply of power and also to prevent the way consumers experience damages when they make use of the carbon source energy. Consumers have troubles in the over priced energy they have to pay to use, yet they don't get what is expected after paying so much for electricity. The market has been so tense for electricity operators too that should be on guard to correct every situations that are not consistent with the demands of consumers. To be free from this type of old economy, it is important to use the new one that involves the blockchain and the use of cryptoassets to get all stakeholders connected inorder to share values and improve the industry. The platform to be adopted now is the SERENITY platform which has great features and tokens to eliminate monopoly in the system.

THE SERENITY PLATFORM
This platform brings about a planned approach to making renewable energy a globally used and accepted means of generating power. It brings all consumers together to use this platform that dwells on improving the allround utility used by people and to give them an easy way to monetize it after producing. To make that easier to do, it forms alliance with the National Electricity Operators to now what it takes to control energy and how to meet the demands of tje consumers. With this connection secured, the decentralised feature of the crypto community will be easily used to promote the use of renewable energy type. This platform will work by allow all the prosumers for a locality to distribute within their locality while other do the same as well. However the problems of high or extremely low voltage will have new set of operators that are well incentivized to handled the regulations of the voltage to prevent all of such calamities that was experienced in the past. This is the time for members to benefit from this platform that provides them with lesser cost to use electricity or have access to the devices that can be used to produce it. Lower price of electricity will be a new trend for members and distrubution of energy will be possible using the coordination of the ledger chain system. Then there is carbon credits to be given to all those who contributed to the production of the renewable energy. Tokenized assets will be used also, this will facilitate the market transactions and provide a trustless space for them to use the energy platform and also derive what is befitting from the industry. With the help of this platform, the wasteful use of energy would be prevented so that there is optimum use of resources and a balance between the produced energy and the amount consumed. Smartcontracts will function in this community for transparency sake and for the sake of the transactions that will be carried out between the members. This automatically reduces the cost involved in the transactions administration because blockchain technology is involved. Adapting the Rapid building system is an objective of Serenity that entails the building of passive houses that will be used mainly for the generation of energy because they will have the renewable energy infrastructures designed on them to generate the power. This passive buildings would be a part of the Net-Zero energy that is created by Serenity to achieve its goals.
Serenity will be a builder of the sustainable renewable energy world where organically fitted infrastructures are employed in the production of large scale energy for global adoption. The formal source of energy being an imperfect one due to the excessive release of carbon to the environment will be replaced with a much more safe green energy as produced from the renewable infrastructures. A distributor grid is constructed for all the renewable energy produced in small scale to be distributed and easily monetized. Then all the members will be glad they are a part of this innovation because it steadily provides them with incentives. The current system that is full of default will be countered and replaced with a new system with greater advantage such that it will be backed with businesses that are capable of promoting its idea. So a multifaceted network will Co into use to achieve the smoothest transition to a new and more dependable renewable energy production with greater technology used. Now it is settled that there is a dependable retailing network for electricity to reach the remote areas where the services haven't been adequately supplied. Serenity is now introducing a new way of living for members having houses to refit their houses with renewable infrastructures so that they can join the league of members the produce surplus green energy from the renewable resources they have setup. Everyone on this platform will become an energy stakeholder or business that has something to contribute to the economy.

WHY SERENITY IS SPECIAL
Serenity introduces a new model that makes energy transactef better unlike what the traditional system could offer. It supervises this process under the blockchain and sustains the best standard. National electricity operators have connections to Serenity to fulfil their responsibility of balancing the electricity discharged to consumers. Their operation is done at the substation level which is aimed at improving the structural transition of renewables.
The token used in serenity will make all members perform all transactions and have access to services that are profitable for them. Reward sharing in the ecosystem is given based on ones interraction with the ERGON.
ERGON will bring about the rapid growth of the community while establishing a cordial relationship between members and the platform. The increase of the token is ruled and determined by the contractionary monetary policy which covers the token buy back and burning of the ERGON.

THE HEPEK DEVICE FEATURE OF SERENITY
This platform has developed a useful Smart Energy Broker (HEPEK) and other infrastructures to be used in the production of the smart energy. This will get prosumers' and generators' hands on deck as they become a major part of the decentralised Serenity community. However, without the ERGON token, the devices that are capable of providing electricity will not function. This is what makes the use of both debit and credit card possible. Serenity has an app already where all these could be done on its payment channel. An off chain verification system is used when any payment services are made in the platform after which all those involved in such transactions can determine their balances. HEPEK allows the consumption of electricity through the smart meter in it. The balance in the wallet of the consumers however, can be increased whenever they wish to increase it by topping it up through fiats deposit equivalent to the amount of token they want.

HOW SERENITY WILL HANDLE PAYMENT
Members must know that the payments in Serenity will be done almost frequently on it and so the payment solution has to be reliable and strong. To achieve this, it uses a sort of bidirectional payment method and a special channel yo take care of this transactions when users pay for energy services. So all those who want to pay for energy services must open a payment channel through their HEPEK and have to deposit the ERGON token to the smartcontracts. When the token is created, they would be sent to the wallet of users that have the HEPEK devices to generate energy production. Transactions between different parties are verified off chain but their is a connection between them that makes them have a scalable network to interact. The payment channel is always open until the parties are done with the transactions. This is how payment is made possible and private. After any of such payments that are usually fast and transparent, the balance of the users can be seen after which the fees of transaction have been deducted from the wallet.
Serenity value will increase from the Contractionary Monetary Policy which will handle its velocity and the buy back of the token. Then all the payments made for transactions that has been completed will be routed and displayed on the smartcontracts. Then there would be a planned burning of token to bring about liquidity and control. Serenity token will be used to motivate new members as they join the network.

THE USE OF HEPEK
In order to avoid any high or low voltage damage scenarios, a balanced electricity Voltage must be supplied to the Electricity grid and what is supplied at any point in time must match the demand being made by the consumer. It is the job of the system operators to ensure this balance in the grid system so that all the parties involved can perform their duties and get due rewards after that. When HEPEK works, the batteries used with it are subjected to its control. The electricity market with the scope of Serenity has become a wholesale market where revenues are generated from the renewable energy trade where each of the members are involved in the buying and selling of the commodity.

THE PROSUMERS CONTRIBUTION TO SERENITY
Prosumers are also members of this platform that generates energy in part and also use what is been generated. They are a part of the supplier even though what they supply is low compared to what the generators produce. A prosumer must have had the solar panels and batteries installed in his home to generate renewables for his home and the one to send to grid. Meanwhile, when there is no sunlight, they also have to pay with the token after topping up their balances to use the electricity from the grid. Each of the prosumers will get their profit each time they send produced energy to the grid. This is regarded as the export of the produced energy but it is usually sent based on the current demand and held back when there is no need for it or when demands are less to prevent any issue. When that is done, the smartcontracts immediately created the ERGON token to be sent to the prosumer. All prosumers must have a way to detect the energy that is taken in from their solar and what they send out to the electricity grid. They must also be watchful of the battery level when they generate the renewables through the HEPEK smartcontracts that used.

CONCLUSION
A generator is a member of Serenity that is only concerned with production of renewables for commercial purpose only. They can be involved in all the renewable energy production or can concentrate on just one. This are the type of users that usually have more demands to satisfy, they are always active on demand to export whatever they have produced to the grid where it would be distrubuted. Generators have their wallets filled with the ERGON tokens that are produced by smartcontracts as they participate in the energy production and they are always ready to produce more. They are seen as the core of the renewables produced and they will always provide it and fulfil all demands becomes they have that as their primary assignment to do to get their rewards or income.

USEFUL LINKS
Website: https://serenitysource.com.au/wp-new/
Whitepaper: https://serenitysource.com.au/assets/docs/SERENITY_WHITEPAPER.pdf
ANN Thread: https://bitcointalk.org/index.php?topic=5160209
Telegram: https://t.me/SerenityIEO
Facebook: https://www.facebook.com/serenitysource.io
Twitter: https://twitter.com/serenity_source

AUTHOR'S DETAILS
Bitcointalk Username: Ebubuemma
Bitcointalk Profile Link: https://bitcointalk.org/index.php?action=profile;u=2568952
Eth Address: 0xEe9C88ca223A65E297CbF3b32fc0dAdfDc31AF24