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Traction and Growth

May 28, 2019

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Terragreen – World’s first blockchain technology running on SHA – 384 algorithm

The TerraGreen project decided to create their own blockchain, with very different properties than other cryptocurrencies, decoupling the layer from the core blockchain protocol, offering a radical new way to create online markets and programmable transactions that are as following: Public blockchain: Public blockchains are just that, public. Anyone who wants to read, write, or wish to connect a public blockchain can do so. Public chains are decentralized meaning no one body has control over the network, ensuring the data can’t be changed once if it is validated on the blockchain. Simply indicates, anyone, anywhere, can use a public blockchain to input transactions and data as long as they are connected to the network. In TerraGreen , all the nodes connected in the network can see the transaction of each other and the entire activities taken by the individuals among the network. Private Blockchain: Blockchains that are private or permission work similarly to public blo

Competitive Landscape

There have been several renewable energy projects in the market striving to be better or struggling to make their projects successful since years but couldn’t win the trust and interest of investors and public because of its ongoing process and lacked in spreading awareness about the climate change. TerraGreen was made to bring innovative change in the renewable energy sector and it all became possible because of blockchain technology. However, the existing market scenario doesn’t allow the growth of the renewable energy industry to take place rapidly, mainly due to the bottle-necks in the financial sector. The TerraGreen intention is to cut through the recent problems of lacking approach to state-of-the-art technology and capital for the biomass-based renewable energy producers and to give access to profitable projects directly to the customers. Existing and new biomass waste management companies will be provided with a complete business plan along with innovative tec

HYBRID BLOCKCHAIN- THE BEST OF BOTH WORLDS

The blockchain is transforming the world in a unique way. It is enabling enterprise, government and other organization to handle their workflow better and improve their systems with better solutions. Now, it’s changing how we store data, access it and use it to improve the never-ending cycle of technological-growth. It also impacts other aspects of our technology including how we instill trust in a network. Blockchain can be used in three different ways: private, public and hybrid. If you have read about blockchain in the past, you might have an idea of how private and public blockchain works. For those who don’t know, we will discuss them in detail below. However, the third way, i.e., Hybrid might have more impact on the different industries. The hybrid blockchain is the mix of both the worlds, both private and public blockchain. This gives the organizations better control over what they want to achieve rather than change their plans on the limitation of the technol

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Traction and Growth

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