Blockchain solution for electricity provider

About
the project

A P2P trading platform for an open and direct energy exchange which is now available for more than 41 million German households.

Challenge

The Lition company came to *instinctools with an idea of creating a platform for an open and direct energy exchange within Lition Energy System. The aim of the project was to simplify the legal, operational and economic hurdles for green power producers and allow customers to buy truly green electricity at an affordable price.

Task

Сlarification of customer needs and purpose of the product helped determine the main tasks set for the *instinctools team:

  • trading platform development. It included Backend, Frontend and UI/UX Design reflecting Lition corporate style;
  • blockchain-based solution development;
  • integration of Project management methodology and configuration of PM processes.

Solution

The final solution met all customer’s requirements and expectations. Around 10 JavaScript frameworks were implemented to build reliable and functionally rich web application.

Key features

Well-organized development process from goals and needs decision to solution architecture allowed to create the product with the following features:

High performance and usability

Informative dashboard with information about producers, types of energy, current rates, transactions and contract data

Option to choose power plants and make several energy supply contracts with Lition

Productive on Ethereum and proprietary blockchain

Access to energy market. The platform connects customers and producers to trade energy and receive mutual revenues

Possibility to try live demo and experience the trading platform interface.

Result

The platform is currently the key product of the Lition which is commercially available for 41 million German households. Customers from more than 30 cities save up to 20% on their monthly energy bill, and producers generate up to 30% more profit. The solution gives users a possibility to support ecological energy plants and help to save the environment.

Our Clients' Feedback

Lition
Richard Lohwasser

Richard Lohwasser

Co-founder and CEO of Lition"

Technologies

SCRUM

FE:

  • React
  • Axios
  • Async-validator
  • Babel-polyfill
  • Iban
  • Lodash
  • Pickmeup
  • Plotly.js
  • Prop-types
  • Redux
  • Swiper
  • Web3 and others

BE:

  • Node.js
  • Async
  • Babel
  • Bcryptjs
  • Bluebird
  • Cookie-parser
  • Cors
  • Dotenv
  • Express
  • Handlebars
  • Joi
  • Knex
  • Moment
  • Mysql
  • Needle
  • Nodemailer
  • Package.json
  • Redis
  • Redlock
  • Soap
  • Sqs-consumer
  • Winston and others

Blockchain:

  • Solidity
  • Quorum
  • Web3
  • Truffle
  • Node-fetch
  • Enzyme
  • Readline-sync and others
  • Eslint
  • Jest
  • Prettier
  • Supertest

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