Ojus
A Blockchain-based solution that helps transforms the trading and distribution of Electricity by using peer to peer distributed ledger and smart contracts.
Industry
  • Citizen Service
Use cases
  • Decentralized Storage
  • DeFi
  • Reconciliation
Solution Overview

Blockchain-based peer to peer energy trading solution designed to streamline the distribution and trading of electricity by producers and consumers. Our industry experts have built it using HyperLedger Sawtooth Protocol, which essentially means Ojus is built to the highest safety standards. And, besides that, it uses Smart Contracts for digitizing processes. Now, for those unaware, peer to peer energy trading is essentially the buying and selling of energy between two or more grid-connected parties. It is often dealt with in the form of solar energy, wherein any excess energy for one user is traded and sold to others via a dedicated P2P Energy Trading Platform. Also known as peer to peer power trading, it allows the consumers to precisely determine the buyer of the electricity, or in some cases who buys the excessive energy as the seller. Therefore, the whole process is flexible, and, of course, it’s transparent and safe as well. More often than not, the peer to peer trading electricity is transferred using a secure technology like Blockchain. This makes it simpler for both the buyers and sellers to trade the excess energy from one node to another. And, moreover, thanks to our in-house crafted technology Ojus, which relies on Blockchain, the overall need for a middleman is also terminated. Therefore, all the energy stakeholders, in the end, get extra reliability and also end up saving some bucks without compromising on any front.

Solution Benefits
  • No intermediary or a middleman
  • All Stakeholders saves money
  • Transparency with other consumers
Key Features
  • configurable number of units produced and the complete tracking down the entities
  • Each unit generated is traceable, this helps the end-user to gain from the system
  • smart contract-driven
Trial
  • Yes
Company Information
Headquarter
  • Noida, Uttar Pradesh
Tech
  • AI
Founder
  • Ondrej Gazda
Price Range
  • Undisclosed
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