Decentralized Energy Management System for an Australian Utility
About the Project
Our client is a major utility provider in Australia, responsible for managing the distribution of energy across various regions. In a rapidly evolving energy sector, the client sought to modernize their infrastructure with a focus on decentralizing energy management and improving efficiency in energy distribution. With a growing number of renewable energy sources being integrated into the grid, the client needed a more dynamic, transparent, and efficient solution for managing energy distribution and trading. QSoft was tasked with developing a decentralized energy management system based on a Decentralized Physical Infrastructure Network (dePIN) model. The solution aimed to create a decentralized energy trading platform, offering real-time monitoring of energy flows and automated billing processes. By leveraging blockchain technology, the client wanted to ensure secure, transparent transactions between energy producers, distributors, and consumers, while also optimizing grid efficiency and reducing operational costs.