REDi

REDi

Created using Figma
Created using Figma

Last Update

Sep 27, 2018

As a blockchain-based integrative data marketplace for the global renewable energy industry, the REDi Infranet will empower various renewable energy producers, consumers, and industry experts to consolidate, verify, and distribute data in the search for improved productivity and efficiency towards true sustainability.

About REDi

REDi infranet consists of 3 key processes:

  1. Data collection and verification
    • Data that is currently dispersed among individual producers, constructors, and secondary service providers will be collected via smart-metering and verified by trusted industry experts. Producers can thus diversify revenue stream and gain access to a greater pool of industry services, while Data verifiers can gain rewards for provding expertise to market to solidify their reputation as leading industry experts.
  2. Use of consolidated information
    • Infranet participants can purchase their access to the market data that has undergone consolidation and verification. Energy producers and service providers can use data for data-driven and real-time decision making as well as preventative analytics. Market players such as investors and financing firms can obtain transparent and objective data to minimize risk and make accurate forecasting.
  3. Derivative services
    • Using consolidated data, new value-adding servces can emerge to contribute towards the expansion and standardization of the renewable energy industry. For example, big-data analysts can develop optimized reference points for power production, and insurance firms can minimize unforeseen risks. New industry services can emerge such as consumer-to-service mathcing that allows greater connections between market players, and comparison services can allow objective comparison between different manufacturers and service providers. 

Features

REDi infranet - key functions:

  • Digitization of structured and unstructured data 
  • Standardization and integration of data
  • Connected platform for data analysis and consolidation

 

Value-added through blockchain:

  • Proof of data ownership
  • Scalability and convergence of various businesses
  • Maximized profitability for ecosystem participants
  • Automated P2P transactions via Smart Contract

 

 

Technical Info

  • Data Monitoring
    • Smart metering will be incorporated to ensure efficient and accurate collection of data from power stations
    • Plant performance analysis in real-time
    • Data verification process and on-chain registration of approved data
    • data security via mutual authentication and authorization
  • Manual data Digitization
    • Data collection - boh single- and periodic- data will be recorded throughout the lifetime of a renewable energy power plant
    • Data verification - the collected data will be verified by each nodes with specific roles as determined by Smart Contracts
    • Data standardization - standardization of data facilitates the preservation of qualitative data made available via the REDi infranet, as well as minimized ambiguity compared to when the data remains in unstructured form. 
    • Data encryption - encryption of data prevents manipulation of data and limits access to only approved users

REDi Roadmap

  • 3Q 2018

  • Release whitepaper
    Partnership expansion
    Launch REDi Wallet
  • 4Q 2018

  • Data Provider Expansion
  • 1Q 2019

  • Data Verification with Partners and Building Data Base
    API Development for Smart Metering
  • 3Q 2019

  • Partnership Build Up in Asia and North America
    REDi Infranet MVP
    Data Digitization Module Development
  • Read More
  • 4Q 2019

  • Partnership Build Up in Europe and Middle East
    Release REDi Infranet Beta
  • 1Q 2020

  • Release REDi infranet
  • 2Q 2020

  • Lauch Derivative Services
  • 4Q 2020

  • 2nd Renewable Energy Project Announcment

Activity

Activity:
2
VERY LOW
Posts:
5
VERY LOW
Views:
142
VERY LOW
Posts:
34
VERY LOW
Followers:
8 929
HIGH
Likes:
8 805
HIGH
Rating:
5
VERY HIGH
Followers:
7 959
HIGH
Tweets:
77
LOW
30 Days Growth:
-424
Members:
19 681
VERY HIGH
Investors Detected:
1.69%
30 Days Growth:
-444
Alexa

Rank:
5 664 528
VERY LOW
Delta:
2 326 823
Year commits:
3
Watchers:
0
Stars:
0
Forks:
0
Open issues:
0

Participation in events

Team

Verified 14%

Attention. There is a risk that unverified members are not actually members of the team

CEO, Co-founder
unverified
CTO, Co-founder
verified
REDi-chain COO
unverified
Designer & Marketing Assistant
unverified
System Engineer
unverified
Global Alliance Director
unverified
Strategic Development Director
unverified
Business Development Director
unverified
Software Engineer
unverified
Software Engineer
unverified
Marketing Director
verified
Marketing Manager
unverified

Advisors

Verified 0%

Attention. There is a risk that unverified members are not actually members of the team

Former members

Kathy Roe
Marketing Director

REDi Interviews

Chanyoung Kwon
As a team member, сan you tell us about your role in the ICO project? What do you think about idea?
CTO
Co-Founder
SW Architect
James Lee
As a team member, сan you tell us about your role in the ICO project?
I am responsible for the overall strategic planning and branding of the REDi Infranet project, from online marketing to contents creation and management.
What do you think about idea?
The REDi infranet has the potential to bring together all players in the renewable energy industry and market in the search for improved efficiency and productivity of the rapidly-growing energy industry.

Last News

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