AI governed distributed on-chain storage system

Green Bitcoin aims at overcoming the shortages of existing blockchains by building up an energy-efficient, work-useful, scalable, and green blockchain system. Green Bitcoin is dedicated to promoting the blockchain industry through an environmentally friendly lens.

Discover Green Bitcoin

Our Features
Energy Efficiency 

The design of the consensus algorithm in Green Bitcoin allows nodes to reach a consensus within limited computing and communication resources.

Useful Work

Not only will the miner selected to create the next block be rewarded, but all miners will be rewarded for the contribution they made to the network.

Scalability

The tailored distributed storage system ensures the efficient reading and writing of the streaming data.

Green Energy

The incentive mechanism in Green Bitcoin takes the energy type into consideration and gives nodes who use renewable energy more rewards to help protect the environment.

Technology behinds
Green Bitcoin

Green Bitcoin offers an alternative blockchain solution with a brand-new network architecture, storage system, consensus algorithm, incentive mechanism, and security technique. The primary goal of Green Bitcoin is to solve the underlying issues of Bitcoin through four aspects of success: energy efficiency, useful work, scalability, and green energy.

Learn more about our Technology

Our Research Team

CloudTech-RMIT Green Cryptocurrency Joint Research Laboratory (GreenCryptoLab) is a research hub dedicated to bringing researchers and industry experts from across Australia to contribute to advancing the technologies around Green Cryptocurrency.

Learn more about Green Crypto Research Team

Professor Zahir Tari
Director
Dr. Hai Dong
Deputy Director
Dr Chenhao Xu
Lab Coordinator
Dr. Nasrin Sohrabi
Lab Coordinator
Fitrio Pakana
Researcher
Qi Xiong
Researcher
Saba Fathi
Researcher

Our Partner

Learn more about Green Bitcoin Foundation
News
21 Oct 2022
‘The Future of Blockchain’, Part Two: Green Bitcoin

Keynote talk delivered by Dr. Hai Dong, of RMIT, at The Australian Crypto Convention, September 2022


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21 Nov 2022
A Glimpse Of The (Near) Future

One of the great things about a strong community is its ability to galvanise when times are tough. And right now in the crypto community times are, at least on the surface, tough. With a market winter that looks set to last for all eternity ...
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12 Aug 2022
The enormous environmental cost of crypto mining
Crypto’s mines-to-ledgers technology has roots as far back as early Micronesian society, though today’s energy-intensive process is a far greater threat to the planet, requiring urgent solutions to reduce its carbon footprint. By Richard Cooke.
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23 Nov 2022
Crypto goes eco
Bitcoin’s well-founded problems with environmental inefficiency are leading to new innovations with the digital currency.


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16 Nov 2022
‘Bitcoin uses more energy than Argentina’: Aussie firm CloudTech and RMIT uni ...
Bitcoin has an energy-chewing PR problem. Aussie blockchain firm CloudTech Group knows this, which is why it teamed up with RMIT University to form a research lab to help tackle the issue.
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19 May 2022
Green Bitcoin - The final answer to environmental problem
The Bitcoin network is the first payment network based on blockchain technology proposed by Satoshi Nakamoto in 2008, with the first block being created in January 2009. Over the past 13 years, Bitcoin has evolved from ...
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12 May 2022
CloudTech-RMIT Joint Crypto Research Lab Launch Event
CloudTech-RMIT Green Cryptocurrency Joint Research Laboratory (GreenCryptoLab) has been successfully launched on 6 May 2022, Australia’s first research lab which helps the advancement of Green Cryptocurrency technologies ...
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11 May 2022
Australian University Launched a ‘Green’ Research Lab
Australia’s Royal Melbourne Institute of Technology (RMIT) has successfully launched its Green Cryptocurrency Laboratory. Co-founded with the CloudTech Group, a leader in FinTech and blockchain technology, the lab will ...
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Green Bitcoin
Roadmap

  • Project initiation.
  • Market research.
  • Project model prototyping.
  • Consensus mechanism design.
  • Green Bitcoin Cryptocurrency system initial protocol design.
  • Universal-level decentralized distributed storage system design; internal beta 1.0 application launch.
  • Initial code open-source release.
  • Sign cooperation agreements with various environmental public interest organizations.
  • Open global natural ecology and environmental information data repository internal testing.
  • Cryptocurrency reward mechanism and green consensus platform internal testing.
  • Storage mining model design.
  • BaaS operating system launch.
  • Toolkit launch.
  • Complete upgrade of a P2P network to an EMP2P network.
  • Product launch on mainstream wallets and application distribution platforms.
  • Upgrade GSD token value capture model;
    storage mining started.
  • Release project ESG (Environmental, Social and Corporate Governance) report.
  • Attract more enterprises and individuals committed to ecological and environmental protection to use the GBTC network.
  • Carry out pilot cooperation projects.
  • Establish a standardized data factory to provide users with better services.
  • Expand the global market.
  • Establish more extensive cooperation with different partners.
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