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Somish Blockchain Labs
p2penergy

BLOCKCHAIN use-case

P2P ENERGY TRADING

Learn how blockchain can be used for P2P Energy Trading and bill settlement in microgrids. Explore decentralized power exchange & blockchain based REC Trading for renewables.

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P2P ENERGY TRADING

The energy trading market has developed over time from a highly regulated to a liberalized market across the globe. Despite these efforts, the market remains inefficient in many areas leading to substantial frictional costs being borne by customers.

Energy trading occurs mostly over the counter (OTC) and the renewable energy sources are yet to be fully integrated into the system.

Our Energy Trading platform enables existing as well as new stakeholders to trade energy directly and efficiently using Blockchain Technology. This also enable long term leasing of energy from producers – something that has a number of barriers in how the industry functions today.

EXPLORE BLOCKCHAIN USE CASES

We established a Blockchain Centre of Excellence in 2016. Our team has continuously focused on using blockchain to tackle key challenges of industries like BFSI, Agriculture, Aviation and Governments.

P2P Insurance Mutual

Bringing back insurance in a very cost efficient way by allowing individuals to form groups that can share risk at affordable costs.

Aviation Supply Chain

Single Version of Truth for OEM, MRO, Aircraft, Airline & Aviation Authorities efficiently reducing operating costs & layover times.

Subsidy Distribution

Public Distribution System with assured and accurate end utilization enabling transparency, Traceability & Standardization.

Crisis Fund Distribution

A global common ledger for raising, allocating & distributing aid, donations and grants during times of crisis.

P2P Energy Trading

Blockchain platform for P2P energy trading with turing complete solar panel meters and bidding system.

Invoice Discounting

A DLT solution for Banks, Manufacturers and their Vendors to majorly reduce processing timeframes.

Immutable Audit Trail

A DLT solution for moving ahead of RDMBS implementations to store Trail data on an immutable, trusted ledger.

Tokenized Fund Transfer

Domestic Fund Transfer on Blockchain for emerging markets to tackle Inclusion without last-mile bank branches.

Bank Reconciliation

A DLT solution for bank reconciliation eliminating an age-long of different statement formats of different banks.

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