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Last Update
Apr 16, 2018
Achievements
Vision
Our vision is to provide everyone with the possibility to create and manage electrical energy communities on the Etherum blockchain, creating a world of shared energy for a brighter future.
The power sector is facing a paradigm change, moving from a centralized approach with big power plants (hydro, coal, gas and nuclear) leading the energy market to a decentralized scenario adopting distributed energy resources (DER), such as solar and wind.
We believe that the future electrical grid should be characterized by an increase of energy sharing between prosumers, consumers and electric utilities, optimizing the energy resource and the usage of the infrastructure. In several countries, the current unbundled situation allows the end-users to freely choose their energy supplier. In this context, enabling technologies like blockchain, and more specifically Ethereum, will allow decentralized prosumers to safely buy and sell electricity to each other at negligible marginal costs.
The Team and the Project
Hive Power is a spin-off funded at University of Applied Sciences and Arts of Southern Switzerland (SUPSI) in August 2017 by a team of researchers active in the field of electrical load management, as a part of Swiss national center for electrical infrastructure (SCCER-FURIES). Hive Power develops a platform, which is running entirely on a public blockchain. Our goal is to create energy sharing communities where all participants have a guaranteed economic benefit. In contrast to other energy sharing market schemes, the Hive Power platform is designed to take into account technical aspects of the grid, such as the power quality standards in the distribution grid.
Q2 2018 Hive Power 1.0
Q1 2019 Hive Power 2.0
Q1 2020 Hive Power 3.0
Verified 0%
Attention. There is a risk that unverified members are not actually members of the team
Verified 0%
Attention. There is a risk that unverified members are not actually members of the team
The Hive Power is a strong project that solves a specific and clear problem. Considering the current level of development of the market, a favorable moment has been chosen. The power sector is facing a paradigm change, moving from a centralized structure, with big power plants (hydro, coal, gas and nuclear), leading to a decentralized energy environment (DER), such as solar and wind.
The project has presented a quality Whitepaper. If you are an ICO-investor, we strongly recommend that you study it, at least you will enjoy it. In addition to the general description of the product, the sections that are usually left in the shadow are worked out in detail: security risks and anti-fraud mechanisms; the format and amount of information stored in the blockchain; the problem of utility-token volatility, etc.
The project has a working demo prototype (Demo Hive), where the key features are already implemented – the main nodes of the system and the modes of operation. The hardware of the prototype is emulated on Raspberry Pi 3.
The main version of the platform will be developed in three iterations. The first one is planned for Q2 2018, the last one will be implemented in Q1 2020. We consider the timeline as realistic, because it reflects the complexity of a project of this scale. This shows the experience, qualifications and maturity of the team one more time.
Telegram channel of the project has about 3500 subscribers.
Without a doubt, we give 5.0 to the project and wish the team good luck!
