The Potential Offered Bluenote In The Future

For you know Bluenote is launching the world’s first blockchain-based energy efficiency protocol. It creates a decentralized ecosystem which allows building operators around the world to learn from one another how to waste less energy through distributed data intelligence.

Bluenote’s platform enables product development but does not act as a data gatekeeper. Instead, data is managed by a decentralized network of nodes: the Bluenote Protocol. Openness, trust and a fair market for data are necessary to incentivize the beneficial sharing of confidential data such as energy usage, occupancy and financials. The protocol runs on a network of Nodes, packaged services connected through the network and maintaining a common ledger. Each node participates in a distributed file system, with a defined set of standard data formats and establishes a unified access architecture, called a slab hierarchy, for data streams from associated buildings. On top of the protocol and supported by the platform layer, a number of software modules operate, developed by both Bluenote and third parties. Buildings use Bluenote tokens, and associated smart contract.

On top of this very simple distributed protocol, a number of decentralized applications are deployed to organize, manage and add value to the data being shared. The platform enables product development. It handles data source identification, access control and discovery using semantics (metadata), 3D localization and content search. The platform manages the microservices but does not aggregate or store data itself. Products are the Bluenote-developed Recommendation Modules and Attribute Modules. Bluenote provides a standardized library and framework to process data streams into attributes and/or recommendation.

To understand how the Bluenote Protocol and different modules will work in the real-world, we describe the journey of a building that will participate in the Bluenote Protocol. We will call this building the Johnson Building, a mid-rise office building of 37,000 sq. meters (400,000 sq. ft) that uses electricity for both cooling and heating. The Building first engages with the Bluenote Protocol by establishing its own data streams on its own node to connect with the network. Participants gain tokens based on the uploading and connecting certain types of data to the protocol, with different token values based on the data type, quality, and frequency. In this scenario, the building chooses to share all of its data streams to be used by the data community. It receives the most tokens for its real-time data streams. The four streams of data that the building has established in the node and connected to the Bluenote Protocol - static data, electric meter data, automation system data, and sensor data - are mapped as separate data streams with their own unique identifier. The decision to combine those data streams together, creating personally identifiable information, can only be made by the building by sharing the data stream keys for each data stream and identifying them as connected. The building connects to the Module Marketplace developed by Bluenote to search and compare for building analytics software providers, review ratings and feedback.

The building decides to purchase two Recommendations Modules through the Marketplace. The building has partnered with its local utility to enroll in a pay-for-performance energy efficiency program, allowing the building to get paid on a cents-per-kilowatt hour basis for verified whole building energy efficiency reductions. The building is thoroughly enjoying its energy efficiency performance but knows it can do much more. It decides to do a major energy efficiency retrofit with a goal of reducing its energy consumption by 20% and its energy operating expenditures by 25%.

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Website : https://bluenote.world/
Whitepaper : https://bluenote.world/uploads/content/Bluenote-Whitepaper-04302018.pdf
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