TRAKEN is a data tracking, management and exploitation tool for smart electrical grids, that provides a distributed ledger to manage metering records, track physical objects and transfer value without a third party or manual reconciliation.
Interoperability and seamless flow of data between different networks
Protocol will provide interoperability and seamless flow of data between different networks. Using Ricardian and smart contracts such encrypted IDs of smart meters and consumption data will engage with prosumer Self-Sovereign Identity (SSI) in validated interactions, events and transactions including PPEs. Smart contracts govern what types of relationships can be established between different identified entities within the system and how those relationships can be interpreted based on pre-determined composition.
Framework for standardized product passports generation and protocol for recording of such data to DLT
A product passport is a digital twin of a device in blockchain space. It allows the device to be identified and labeled, to enter into agreements and to be accounted for tracking and measurement. We have created framework for standardized product passports generation and protocol for recording of such data to DLT;
Distributed energy resource (DER)
validation, time tampering and storing of data
Data is an asset that directly translates to value, and this value can be multiplied by fusing data shared among stakeholders in a value chain. DER registry will integrate distributed energy resources across all electricity networks while increasing visibility and access to data. This will enable real time validation, time tampering and aggregation of stored data while expending capacity of a two-way energy system.