Cactii Powerchain

Empowering Community Energy Trading through Blockchain & IoT

The Challenge

The traditional energy market often leaves individual households with limited control over their power consumption and insufficient return on their solar investments. Communities with excess solar power face barriers to efficiently trading it, leading to missed opportunities for cost savings and decentralised energy management.

Our Solution

Yowie Tech Studios collaborated on the ground-breaking Cactii Powerchain, an IoT and blockchain-enabled initiative designed to revolutionise energy micro-trading within communities. We helped to establish a secure, transparent platform where households could seamlessly buy cheaper power from neighbours or sell their excess solar capacity at advantageous rates. The solution incorporated AI and machine learning to learn usage patterns, intelligently controlling smart devices and appliances to optimise energy consumption, and facilitating near real-time auctions of spare power. This prototype challenged existing energy retail regulations, paving the way for truly smart homes with automated power trading.

The Impact

The Cactii Powerchain demonstrated the potential for communities to significantly reduce power costs, maximise returns on renewable energy investments, and foster a more decentralised and sustainable energy ecosystem. It showcased how integrating advanced technologies like IoT, blockchain, and AI can create ground-breaking new market models, offering a blueprint for future energy autonomy and economic empowerment at a local level.

Smart use of technologies

This initiative brings together a broad set of technologies that challenge current energy retail regulations and drives the industry toward more practical uses of smart homes, with better home automation and automated power trading (and auctioning). We see a world where a home with solar panels and grid connection, will use:

Internet-of-Things (IoT) - to connect and automate devices across a household, including solar inverters and smart meters.
Blockchain - to tokenise power units and facilitate the tokenomics of trading those units across the community in a transparent and trusted form.
Artificial Intelligence (AI) - to analyse the near-real-time usage and generation data to provide reporting and automated decision making (such as trading or device control).

Google Sites

Report abuse