BlockEdison is rated 3 out of 5 in the category information technology and services. Read and write reviews about BlockEdison. BlockEdison: Enabling hassle-free green power trading via SmartPPA. EXPERT TEAM BlockEdison is comprised of a seasoned team of energy professionals with combined experience totalling three decades negotiating and executing Power Purchase Agreements (PPAs) in the renewables space. WHY SmartPPA? In their current form, PPAs are incredibly complex and lengthy documents, with no universally accepted base form. The existing routes to sign a PPA as either a generator or consumer are dated and arduous. The BlockEdison SmartPPA offers a unique, cutting edge solution to PPA management and reconciliation to both generators and consumers of green power: > The SmartPPA drastically simplifies the negotiation process by implementing a largely standardised PPA, eliminating the need for lengthy and costly legal negotiations. > Blockchain technology enables the SmartPPA to auto-execute upon the necessary conditions being fulfilled at which point it is placed on to the blockchain. > SmartPPAs are a much faster and safer way to pay for your power. Payment verification, paper contracts and meter confirmation are cumbersome and prone to errors. > Using distributed ledger technology enables BlockEdison to automate every aspect of this previously inefficient process. > Managing PPAs on the blockchain ensures seamless and instant account reconciliation with an irreversible and transparent record of every executed agreement. HOW WILL THIS SAVE MONEY? Automating the administration, while minimizing errors, fraud and payment delays, coupled with switching to cheaper, renewable and decentralized energy sources creates significant savings for you and your business. In addition, using pioneering blockchain technology increases the likelihood of cost-savings for both producer and off-taker as legal and transactional costs are reduced. Equally, direct negotiation between producer and off-taker removes unnecessary middlemen and thus reduces third-party costs.
Company size
1-10 employees
Headquarters
Porters, St. James