Use Case
Blockchain in energy & sustainability
How to use Blockchain to increase reliability and enable energy producers and consumers to use energy resources more efficiently.
Where: italy
Where: italy
Mission
Protecting the planet by optimising green energy exchanges.
By 2035, half of our energy will come from renewable sources, and in about 35 years it will be carbon-free.
Solution
The solution is based on a common, immutable data structure that can manage and record "smart contracts" related to energy transactions and monitor CO2 emissions. The exchange is validated by a notarized procedure that guarantees energy in KWh and energy efficiency in the form of energy efficiency certificates. A solution that brings economic savings to users, makes their homes more efficient and rewards individuals' actions toward the environment in which we all live.
Digital Ecosystem
Actions
Digital Ecosystem
- Using blockchain technology, enable solar energy producers (individuals or companies) to manage both the production and exchange phases in a secure, convenient and sustainable way.
- Effectively regulate flows between renewable energy producers and consumers by receiving reliable information from grid nodes and ensuring other payment-related services.
Expected results
Improves quality of available data
Precise forecasting of energy needs
Combines business and sustainability
Impacts
Technologies
Cloud
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