The Challenge:

GE wanted to pilot an innovative new system for tokenizing Electricity (Kilowatt hours) and design a scalable framework for increasing efficiency of on-grid transactions and value transfer.

The Solution:

Identify a fitting region that culturally and financially fits with the ideals of "Community Solar", and design a value flow of Dollar investment, energy transference, grid balancing, and hard asset ownership (leased Solar panels).  

Kilowatt hours could be represented in a proprietary tokenization model, allowing the network to interact with dollar-value transactions on a regulated cost basis.

The Benefit:

Once onboarded and active, community members could avail more efficient payment methods for their electricity, and could partake in the long term acquisition and growth of sustainable power with solar.

The Challenge:

SwissRe wanted to explore ways of offering micro-insurance to low income farmers in rural Africa - a previously untapped and unprotected demographic.  

The Solution:

We designed an architecture for using satellite data imagery with global topographical overlays (geofences)  to execute blockchain Smart Contracts that integrate with local payment gateways.

Satellite inputs would determine the severity of drought (and therefore payment), preset geofences would validate location of the land to the insured farmer, and Smart Contracts would autonomously remit payment  in local currency.

The Benefit:

With blockchain automation and deliberate network integration, the Insurers Auditing and Claims departments were relieved of much of their overhead, allowing cost-basis to drop such that microinsurance offerings would be financially feasible for small income farmers.