Hack:
Green Re-cycle.com

February 20, 2014 at 7:13am

Moonshots

Embed the ethos of community and citizenship

Summary

It’s basically a Geosocial network with a crowdfunding platform which leverages the circular economy, the Sharing Economy, Tokenization of waste using Blockchain and the Support Economy (book by Shoshana Zuboff and James Maxmin) to enables people from different social background to invest on the stock exchange, commodity future exchange, carbon credit market, intellectual property market and in big coporations. https://www.changemakers.com/intrapreneurs/entries/green-re-cyclecom

Problem

The limited participation of ordinary people in places like the stock exchange,commodity futures exchange,big corporations,carbon credit market and intellectual property market: The current state of affairs in which investment trends are moving away from the stock exchange to the commodities futures exchange and the fact that people at the bottom of the social pyramid have little disposable income to invest on both, makes it necessary to come up with an alternative investment scheme that enable the poor to invest on these exchanges. In addition, the waste management of cities highlights an opportunity for redirecting resources (after recovering them) from bins and sewers of both the rich and poor into investment schemes. This is The Integrated Waste Management System (Green Re-cycle.com). Its purpose is to manage waste by techniques used to raise capital for various business on the stock exchange. Since waste of different kinds can be used as the principle raw material by various companies, it is therefore some kind of capital.The major difference that this approach has to other proposed systems is that the person producing and depositing the waste becomes a shareholder and has the right to invest in whichever recycling business he or she chooses.

Just as on any Crowdfunding Platform, shares can be acquired on primary and secondary markets or by whatever contribution that could add value to a product (be it a complete idea, collaborating with other to improve existing ideas, collaborative mapping coupled with identifying useful patents and matching them with the right place and right challenge, identifying any other opportunities, affiliate marketing, money, waste etc)

Solution

(1) For the Smart Grid, I propose the following;

FIELD OFTHE INVENTION

(i) The invention relates to a process of incorporating Internal Combustion Ground Vehicles and Generators (Micropower - running on bi-fuel, multi-fuel, flex and dual fuel configurations) into the Smart Grid and therefore create Digital Crowd Trading Platforms for Liquid and Gaseous Fuels, Electricity, Thermal Energy and Carbon Dioxide. The process consists of The Internet of Thing Technology that makes car/asset sharing possible; vehicles modified to run on a bi-fuel/multi-fuel configuration - switching to run on one fuel at a time among different individual fuels (e.g. ethanol, biogas, diesel, petrol, LPG and CNG); vehicles modified to run on a flex/dual fuel configuration of different admixtures (e.g. gas-to-gas, methane and hydrogen; gas-to-liquid, methane and diesel); generator amounted on a vehicle but driven by its own engine running on a bi-fuel/multi-fuel configuration or flex/ dual fuel configuration; generator amounted on a vehicle but driven by the vehicle’s engine (through its PTO) running on a bi-fuel/multi fuel configuration or flex/dual fuel configuration, generator amounted on a docking station - amounted to the ground - but driven by the vehicle (through its PTO) running on a bi-fuel/multi-fuel or flex/dual fuel configuration; stationary generator running on a bi-fuel/multi fuel configuration or flex /dual fuel configuration having several large fuel tanks for different fuels; dynamic output distribution, pipes adapted to harvest carbon dioxide and heat, trigeneration systems , and finally Digital Crowd Trading Platforms.

BACKGROUND OF INVENTION

It was The Economist’s Vijay Vaitheeswaran who coined the term “micropower” to refer to sources of electricity that are relatively small, modular, mass-producible, quick-to-deploy, and hence rapidly scalable. And it was GE (General Electric) who came up with the concept of integrating their electric vehicles to give and take electricity in their smart grid concept (this is effectively acting as micropower); and Intergalactic Hydrogen only uses multi-fuel vehicle for mobility but not for electricity generation and therefore underutilizing the internal combustion vehicle. http://americanfuelvehicles.com/re-fuel-center.html

Taking advantage of Internet of Things and location Based Technologies carpool and sharing website have been able to increase vehicle utility.

It is estimated that cars are only used for one hour and the remain idle for twenty- three hours in a day. These technologies can be used to create services for the above mentioned energies and carbon dioxide (in addition to mobility services).

(ii) In one embodiment of the invention the process consists of (1) vehicle (2) engine modified to run on multi-/bi-fuel and flex/dual fuel configuration, (7) internet-of-thing technology that make car/asset sharing possible to enable vehicles to park in spaces near the places that need to use electricityhttps ://www.justpark.com/, carbon dioxide and thermal energy, (7) Artificial Intelligence to – intelligently and dynamically – allocate and utilize inputs and outputs of the internal combustion engines, (3) different fuels stored on the vehicle to supply the vehicle’s engine, (4) PT0 ( a device using a car’s engine to drive or operate external machines/generators by connecting the two through a shaft, (5) generator without its own engine driven by the vehicle’s engine, (6) The Electricity Reducer , (7) Smart Grid (the grid that gives and takes electricity) controlled by the-internet-of-things technology and Artificial Intelligence, (8) pipes used to harvest thermal energy and carbon dioxide channeled from internal combustion engines to buildings, factories, greenhouses etc. https://www.justpark.com/

(9) Stable Token (a Digital Currency/Cryptocurrency) “Comment from Grid+ White Paper: a problem that has plagued digital currencies since their inception is price volatility. https://gridplus.io/whitepaper

Cryptocurrencies (e.g. ether, bitcoin) underlying decentralized protocols (Ethereum, Bitcoin) are

not issued by central institutions. Thus, they are not backed by anything but trust that there will

be future demand both for the protocol and its native token. This leads to rampant speculation

which, in immature markets, leads to huge slips in liquidity and large price volatility.

The future of money cannot depend on volatile assets, which is why stable tokens have

remained a popular topic of conversation. Although difficult to implement on the Bitcoin

blockchain, stable tokens are simple to issue on Ethereum since all that is needed is an

institution to back them. If a trusted counterparty has a large reserve of U.S. dollars, it can mint

USD tokens and sell them for $1 on a currency exchange. Those minted tokens can now move

through the Ethereum ecosystem freely until some user chooses to redeem her tokens in

exchange for a bank wire”, (10) Crowd Trading Platform

Put simply, a marketplace facilitates the exchange of goods and services. A Crowd Trading Platform is where individuals transact with other individuals, typically maintained by a third party such as a business, government or member-based organization, operating through technology.

In this type of marketplace, individuals can act as both providers and participants, offering goods and services as well as utilizing them. “The supplier can also be part of the demand side and may therefore be called a prosumer”.

A Crowd Trading Platform is a Many-to-Many exchange of goods or services, where the value exchange might be monetary, points, crypto-currency, feel-good-factor, or any other agreed to means of value exchange.(11) Crytocurrency Exchange.