ElectriCChain presents a potential data solution for solar powered microfinance and microgrids globally at the Chainofthings IoT, Blockchain and Security Conference in London
Trusted data about solar energy production and consumption is key to managing microgrids and microfinance for the bottom of the Pyramid.
Electricchain presented a full stack data logger that connects multiple blockchains to the digital output of solar energy plants at the Chain of Things (CoT) consortium event at the Rainmaking Loft on June 1st. The event brought together a consortium of firms and open blockchains that participated in the project. This included Solcrypto, Bitseed, SolarCoin Foundation, IOTA and the Chain of Things (CoT) research laboratory. The event’s focus was security in the IoT space and how blockchains could address multiple attack vectors that have hampered the development of the IoT industry. In this first event a solar energy case study was investigated in detail.
We think we are onto something here; by connecting a datalogger that grabs solar energy output in nearreal time that then pushes it securely to multiple blockchains for different purposes, we can help democratise energy wherever it is generated.”
-Luke Johnson, CoFounder of ElectriCChain and CEO of Solcrypto.
The full day event had consortium of players bringing the blockchain datalogger to the demonstration, cooperation in the consortium is ongoing as the blockchain enabled datalogger
transitions to a minimum viable product. After the initial presentations multiple speakers presented on IoT security and electricity generation security. A hackathon and subsequent presentations that developed case studies on top of that proposed datalogger stack were also discussed in depth.