Background Image

Blockchain Project


P2P ENERGY TRADING

P2P ENERGY TRADING

The energy trading market has developed over time from a highly regulated to a liberalized market across the globe. Despite these efforts, the market remains inefficient in many areas leading to substantial frictional costs being borne by customers.

Energy trading occurs mostly over the counter (OTC) and the renewable energy sources are yet to be fully integrated into the system.

Our Energy Trading platform enables existing as well as new stakeholders to trade energy directly and efficiently using Blockchain Technology. This also enable long term leasing of energy from producers – something that has a number of barriers in how the industry functions today.

BLOCKCHAIN PROJECTS

At Somish, we established a Blockchain Centre of Excellence in 2016. Our team has continuously focused on using Blockchain to tackle key challenges of industries like BFSI, Agriculture, Aviation and Governments. Some of our other key Blockchain projects have been highlighted below.