ABOUT

The world as we know it is rapidly changing through the accelerated development and use of technology and thus enabled omnipresent digitalization.
Industries undergo disruptive and severe changes of the way business is done, products are sold and customers are served.

Gridchain is an Europe based startup significantly changing the way Energy is traded between producer and consumer or, as there will be a blurring line, between "prosumers". Today Gridchain is working on a blockchain based platform which allows communities to orchestrate, manage, measure and monetarize the production and usage of energy as well as it enables individual prosumer to consume and resell energy on a peer to peer basis.

Team

Gridchain is founded by a team of three IT seniors with vast industry knowledge and technology background. The entrepreneurs are combining experiences from global management positions within industry leading corporates as well as they previously founded high-performance startups which were successfully developed and later acquired by strategic investors.

Gridchain is their next project which will be launched during 2017, enabling a big vision to become true:
Change the way energy is traded globally - making it as easy to buy and resell energy as it is to create a WhatsApp group or follow a friend on twitter.
Currently negotiations with authorities of the European Union, the US Energy Department, national and international utilities and infrastructure providers based in Silicon Valley, Berlin and Tel Aviv are undergoing to setup a technological framework which is scalable on a global basis.

What we do

For communities

The energy industry's business model has remained stable over the last century but is undergoing a major paradigm shift today.
Imagine a world where energy customers are able to proactively choose which energy source they want to consume under which circumstances and to which rates. Imagine further more, that to make this choice is as easy as to setup a WhatsApp group or to follow a friend on Twitter. It's clear that the rise of the prosumer will change the utilities model as we know it.
As energy costs continue to rise, educational campuses, shopping centers, hospitals, factories, residential homes - even whole city districts, are becoming 'prosumers' who consume, produce, and control their energy use buy setting up micro grids and getting more and more independent from their existing energy provider. Gridchain helps to gain this self-sufficiency by offering a blockchain based platform which allows prosumer to manage, orchestrate, monetarize and control their flow of energy.

For individuals

It is estimated that 3 million energy users in Europe are already generating at least some of their own power, while these number are increasing rapidly. By adding an energy storage system, customers are maximizing self-consumption of this energy and gaining more control over when to use or resell it.

In near future, also utilities will start incentivizing energy consumers in the home to reduce energy consumption and generate their own. As part of smart grid modernizations, new programs are being launched or expanded that encourage energy customers to adjust their consumption in response to pricing signals, penalties, or curtailment requests. Due to this potential flexibility, a customer's energy consuming loads and any on-site energy generation capabilities are now considered important distributed energy resources (DERs), critical to helping balance the grid but also empowering the prosumer to take control of the procurement and resell process.
Gridchain helps individual prosumer to gain power in this new business model trough offering a blockchain based platform which allows to buy and sell energy from and to other prosumer as easy as it is to setup a WhatsApp group or follow a friend on twitter.