Ushering the electrical fuse box into the 21st century.
The SIM token is a cryptocurrency incentive that is received in a smart energy economy in which the grid becomes more efficient. To become more energy efficient, Simmitri is developing a "smartbox" which is powered by Artificial Intelligence (AI), communicates with all energy-demanding devices and audited through blockchain technology.
Ushering the electrical fuse box into the 21st century.
As power lines and dated grid infrastructure become stressed, Simi receives a signal from the local utility provider requesting the smartbox to determine which distribution loads can be minimized or powered down. Additionally, and if requested, the utility provider may be able to compensate the participant by purchasing power from the building’s energy generation efforts.
The AI acts as a synchrophaser by measuring the flow of electricity through the macro and micro grids in real time, allowing users to actively manage and avoid disruptions by detecting inefficiencies before failures occur through electrical load predictions. Signatures across the network communicate with Simi which then modifies electricity use, relaxing the workload of the grid and acts as a capacitor.
Simi controls loads consisting of any heating elements classified as resistive loads. These include incandescent lights, toasters, ovens, space heaters and coffee makers. Simmitri provides resistive loads such as light bulbs and large-scale heaters with the optimal operating voltage, and ensures a consistent supply of quality power - a big step in removing “spikes” or inefficiencies from these loads.
In a grid feed system, electricity generated on site will supply the building and its appliances first, and only feed electricity into the grid if there is any surplus electricity. Likewise, if the system does not produce enough electricity to power all devices, any excess electricity will be drawn from the grid as needed. Additionally, SIM Tokens are distributed more abundantly for participants who generate their own energy.
One of the most common issues with power conservation is leaving the lights on. Light bulbs and the sockets they reside in are typically at the mercy of the group circuit. Meaning, the light is either on or off. Simmitri introduces gradual or “dimming” as a feature in the entire network and is programmed as themes in the building.
MELs are produced by hard-wired and “plug-in” electrical devices, including home entertainment centers, kitchen electronics such as microwaves, bath items such as hair dryers and electric hot tubs. MELs typically consist of a quarter of the building’s electrical network and Simmitri turns all plugged in devices into smart devices, similar to IoT, but not needed to be connected to the Internet.
Loads that power electrical motors are inductive loads. These are found in a variety of household items and devices with moving parts, including fans, vacuum cleaners, dishwashers, washing machines and the compressors in refrigerators and air conditioners. As power supply is managed to these loads, inductive loads play a significant part in conserving electrical energy and yields more SIM tokens than lesser loads that do not require as much power to operate.
Each electrical socket that is in use sends a unique signature back through the circuit to the smartbox where Simi determines the characteristics of what may be a need, want or inefficient. As the signatures are analyzed, smart contract parameters are set up to determine if the data metrics from individual sockets and circuits are executable for distributing SIM tokens.
Loads that power electrical motors are inductive loads. These are found in a variety of household items and devices with moving parts, including fans, vacuum cleaners, dishwashers, washing machines and the compressors in refrigerators and air conditioners. As power supply is managed to these loads, inductive loads play a significant part in conserving electrical energy and yields more SIM tokens than lesser loads that do not require as much power to operate.
Data is collected through smart home APIs where Simi cross-references the metrics with the holistic wellness of the building’s performance. HEMS devices tend to collect unique information pertinent to their mission, however, the platforms and Simmitri can be integrated together to compensate users simply from systems they already use.
Simmitri has been operating for over 23 years and has served over 4000 clients in the areas of power generation and energy efficiency. Throughout 2018, we will be executing the following milestones to continue pioneering the energy sector.
White Paper and first version draft of token website
List SIM Tokens on cryptocurrency exchanges
Legal opinion letter completed on token utilization
Q2 2018
Q3 2018
Customer profiling dashboard interface and online wallet
Integration of data collection in open API of HEMS devices
Integration of data collection in API of utility providers
Establish market maturity for implementation and partners
Primary and secondary rules roster for Simi AI functions
Default smart contract parameter guidelines established
Q4 2018
Q1 2019
Limited availability for SimBox prototype v.01
Analysis of deep metrics from customer pipeline
Launch smart home HEMS/BEMS pilot program
General availability for SimBox prototype
Begin local Direct Energy Resources (DER) initiatives
Registrations filed for state and federal programs
Q2 2019
January 2018