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'P2P Electra' Energy Trading Platform facilitates Energy Sellers (Prosumers) to put forward the proposal to sell solar energy generated using their rooftop panel and Energy Buyers (Consumers), who wish to buy solar (green) energy, place bids against the proposals. Of course, Energy Sellers and Energy Buyers are onboarded onto 'P2P Electra', the Energy Trading Platform using the 'TradeElectra Wallet'. Both parties - Sellers and Buyers use 'TradeElectra Wallet' (the Energy Wallet)
and they would go through the identification process with Bank, so that KYC (Know Your Customer) and Authentication steps are completed securely before using 'TradeElectra Wallet'. The Wallet allows them to place the Bids, view energy transactions, and money sent and received for transactions overnight, following the
Power Purchase Agreement created for the agreed Bid and pre-signed agreement with us for money transactions using their Banks for energy sold and purchased.

The heavy lifting is done by Blockchain Technology (the Single Source of Truth for everything, in the technology terms - Immutable ledger, it means information can't be deleted once written in the Distributed Ledger using Cryptographic signature, Consensus mechanism, and the Timestamp of transaction. Behind the scene, the Decentralised Identity, *Public Blockchain for Trder's Wallet, keeping privacy preserving data intact within the Wallet in Trader's full control on their say what data to share & with who, and *Private Blockchain for the Energy transaction, Money and their Settlements on demand, as well as overnight, as they meant to be.

Did you find it facinating already, please contact us and we would be more than happy to assist you with our Energy partner.