Energy

BLOCKCHAIN POTENTIAL COUPLED WITH SMART CONTRACTS TECHNOLOGIES REPRESENT A SIGNIFICANT INNOVATION PUSH FOR ENERGY INDUSTRY. NOTABLY, BIG DISTRIBUTORS’ INTEREST GROWS WITH THE RISE OF NEW WAYS OF TRADING ENERGY.

Means of entry for energy companies

Consortium

Joining a cross-sector consortium (Hyperledger project) with the aim of defining a de facto, interoperable standard with members of the consortium.

Venture capital for Start-ups

Investment in start-ups active in the blockchain field, either through venture capital subsidary companies or directly, with the aim of gaining expertise and/or consolidating a technological partnership.

Partnership

Launch of a partnership with companies in the blockchain field (such as Ripple), to speed up knowledge acquisition and launch collaborative experiments.

Internal development

Establishment of research labs/working groups for developing proprietary solutions in the blockchain field, such as money transfer platforms or private ledgers.

Blockchain Applications

Smart grid

Blockchain platform can act as supporting infrastructure enabling P2P energy trades among distributed energy producers.

Smart charging

Smart contract and micropayment solutions are promising technologies for leveraging micro-charge applications for electric vehicles.

Energy commodity trading

As holds for Trade finance processes, blockchain application could affect energy commodity trading as well, by disintermediating and streamlining trade processes.

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    BlokcomCertified messaging between smart meters

    IoT (Internet of Things): things rely on the use of the Blockchain technology to manage the authentication and integrity of messaging between themselves, in order to guarantee the use of a safe and reliable IoT network.

  • SecurechainSecure management of distributed electrical grids

    SDN Security: the rise of Software-Defined Networks means that there are new ways for hackers to enter a network or system. Securechain is the solution that introduces security gateway into SDN, whilst creating a forensically auditable and unchangeable log of events. Securechain is built on the Ethereum Blockchain.

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    Smart BondP2P energy trading in microgrid environments

    Energy commodity trading

    Digital asset & Risk Management: decentralized information layers enable interoperable management for trading and post trading activities, which are typically related to financial assets lifecycle. In particular, Smart Bond maps a meaningful scenario in terms of process automation and dematerialization opportunities.

Blockchain News

NY Company to Bring Brooklyn Microgrid Peer-to-Peer Trading to Australia

One of the architects of the peer-to-peer energy trading platform behind the world-leading Brooklyn Microgrid in the US has set up an office in New South Wales, with plans to trial its “TransActive Grid” technology in Australia.​

Blockchain News

German Energy Giant Enercity Enables Payments with Bitcoin

Digitalis​ation is changing the entire economy, including the energy sector (Article available in German only).​

Blockchain News

Blockchain holds key to reinventing energy grid

Solar technology and battery storage are important. But what has been missing is a technology on which to organize, co-ordinate and secure a true peer-to-peer power grid.​