The Impact of Infrastructure Service Facility ADAM on the Energy Industry

ADAM
3 min readDec 22, 2022

Human economic and social activities are inseparable from the production and consumption of energy. With the development of today’s technology, a huge change is brewing in the energy field. As the advent of the Web3.0 era, smart energy (i.e. Energy Internet) will be closely integrated with emerging technologies such as artificial intelligence and blockchain. Moreover, as energy assets become more and more data-driven, the data information in the Web 3.0 era will enable a significant increase in clean energy supply and decentralized applications.

The value of energy blockchain

Blockchain is a decentralized, tamper-evident, traceable and scalable cross-industry application technology, and its characteristics are compatible with the key technologies needed for the energy Internet. Energy blockchain will be expected to further promote the development of energy Internet. During the evolution of blockchain technology, blockchain technology has been gradually applied in the fields of finance, government, medical care, intellectual property, justice, and network security,etc.

Application scenarios and implementation ways of energy blockchain

The application direction of the energy blockchain needs to start from the four elements of the energy industry, namely asset management, energy trading, green certification and security monitoring. Combining blockchain and DeFi’s financial innovation model, the energy blockchain can gradually increase the development of independent underlying software and supporting hardware while selecting the existing mainstream blockchain technology in the early stage, and finally realize the landing of application scenarios. And there are already some mature blockchain infrastructure services facilities in the market, and the application of ADAM as a typical application can fill the vacancy of the underlying architecture of some industries.

Blockchain and energy Internet concepts are inherently consistent

Blockchain technology has a strong internal consistency with the energy Internet concept. In essence, both the energy Internet and blockchain technology must be built on a universal Internet of Things of smart devices.

In recent years, with the technological progress and rapid development of the electronics and information industries, the various types of equipment in the production, distribution, storage and consumption value chain of the energy industry are rapidly being upgraded and replaced from mechanical equipment and analog equipment to electronic equipment and digital equipment.

In the future, these digital devices will be further extensively interconnected through the Internet of Things (IoT) in the Energy Internet era. It obtains local intelligence through high-performance embedded design, and obtains cloud intelligence through IoT, constituting an Internet-based network of cluster smart devices IoT.

ADAM is a ecessary infrastructure service facility for blockchain systems

ADAM is the first Web3.0-based data encryption computing network with bulk data encryption transmission function, which can not only connect the real world and the blockchain system, but also realize the barrier-free flow of data information of major public chain ecologies.

In other words, ADAM has a powerful data processing capability, which can be across the blockchain system and the real world. In many blockchain scenarios, smart contract applications have to access off-chain information sources, and then interact with data inside and outside the chain, so as to trigger their logical judgments. For example, decentralized trading market systems on blockchain, decentralized insurance systems, various prediction market systems, and so on, all require timely access to off-chain real time data to trigger the execution of smart contracts.

Smart contracts cannot access off-chain data by themselves, which requires the use of ADAM. In addition, the powerful functions and rich application scenarios of ADAM make it possible to become widely known. The Energy Internet, which is intrinsically aligned with blockchain, can also use the infrastructure service facility ADAM to build its ecology.

The development of the energy Internet is inevitably dependent on infrastructure services

In the future, the general intelligence and interconnection of device will be closely related to the development of energy Internet. Blockchain technology also emphasizes the interconnection and intelligence of the participants involved in the value network. For blockchain smart contracts, its role is far more than its name suggests. From this point of view, if complete unmanned intelligence is to be realized, the smart device network of the Energy Internet cannot do without the help of blockchain technology, especially the smart contract technology deployed on the blockchain.

Therefore, the development of the energy Internet is inevitably dependent on infrastructure services such as ADAM, either developed by themselves or through existing innovations.

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ADAM

The first data encryption and computing network in the Web3.0