Electricity is becoming part of the digital economy
Physical electricity cannot be freely moved between remote markets. However, the economic result of its production and sale can be represented in digital form.
The Web3 Electric Power Exchange creates infrastructure for trading the tokenized profit from electricity sales and unites energy market participants in a digital environment.
More than an exchange
We are building a comprehensive energy Web3 ecosystem that unites generating facilities, actual electricity generation, digital settlements and blockchain infrastructure.
ENERGY CHAIN
A proprietary EVM-compatible blockchain built on Cosmos EVM. It is the technological foundation for smart contracts, trading infrastructure, accounting and data verification.
Web3 Electric Power Exchange
A digital platform for the interaction of owners of generating capacities, sales companies, traders and other energy market participants.
KILOWATTCOIN
The ecosystem stablecoin intended for the digital representation of the economic result of the production and sale of electricity.
Energy infrastructure
Microgeneration facilities with a capacity of up to 15 kW and small generation facilities with a capacity of up to 25 MW, as well as production and warehouse infrastructure necessary for the development of the project.
One energy market — different economic conditions
Electricity tariffs differ between countries and regions. The buying and selling of electricity is carried out in national currencies, whose exchange rate is subject to fluctuations and inflation. The final profitability of a generating facility is affected by: the cost of electricity; climatic and weather conditions; the volume of actual generation; the stability of the national currency; the economic conditions of a specific region.
Therefore, two technically identical generation facilities located in different parts of the world can show a different economic result.
Web3 infrastructure allows creating a unified digital layer for the interaction of such facilities and market participants regardless of their geographic location.
From generation to the digital market
How the ecosystem works
Electricity production
A generating facility produces electric energy and sells it in accordance with the legislation and rules of the energy market of the country.
Generation accounting
A compatible metering device records the actual electricity generation readings.
Data transmission
Information from the device is sent to the oracle infrastructure and transmitted to ENERGY CHAIN.
Verification
Smart contracts verify the data source, device registration, cryptographic signature and compliance of the declared generation with the installed capacity of the facility.
Economic result
The owner of the generating facility receives income from the sale of the electricity produced and converts it into the KILOWATTCOIN (KW) stablecoin.
Web3
KILOWATTCOIN (KW) is used within the infrastructure of the ENERGY CHAIN blockchain and the Web3 Electric Power Exchange for further trading and transfer of digital assets between participants.
Ecosystem participants
A unified infrastructure for the energy market
Owners of generating capacities
Gain access to digital tools for further working with the economic result of their generation.
Sales companies
Interact with the owners of generating facilities and ensure the sale of the electricity produced within the framework of applicable legislation.
Traders
Gain access to a new class of digital instruments whose economics are tied to actual electricity production.
Consumers
Can become part of a unified digital energy ecosystem and interact with other market participants.
From pilot infrastructure to an international energy ecosystem
The project envisages the phased development of its own network of generating facilities, production capacities and digital infrastructure.
Development of the ENERGY CHAIN blockchain, the Web3 Electric Power Exchange, the oracle infrastructure, and the connection of other market participants to a unified digital environment.
Project documents
Rules and conditions for access to trading
A detailed description of the project, technology, electricity generation, commercialization and development directions.
DownloadLicenses and certificates
A presentation of the Web3 Electric Power Exchange concept, prepared for the international BRICS industrial innovation contest. The presentation covers the problem, the proposed solution model, the technological architecture and the economic concept of the project.
Download