OpenVPP

Smart Grid & Metering Solutions

Unpublished

OpenVPP is a extensive platform designed to facilitate real-time management, monitoring, and settlement of energy transactions within the electric utility industry, using blockchain technology and dual Ethereum layers for secure, low-cost energy distribution. Its key features include device enrollment and grouping, live telemetry, real-time grid event management, tokenized reward distribution, and scalable adoption with support for fleet operators and large energy providers; it addresses challenges related to grid transparency, energy settlement efficiency, and incentivization for electric infrastructure stakeholders, serving utility companies, grid operators, fleet managers, and energy providers aiming to modernize and digitize energy workflows using decentralized protocols.

OpenVPP can be found in Smart Grid & Metering Solutions categories.

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Details

OpenVPP Main Features

• Device Control
  Send signals to devices and control grid events in real time from the dashboard.
• Network Status
  Displays how many devices are powered up and recent activity in the network.
• Rewards System
  Users can vote on reward distribution dates and active voters get a boost in claiming power.
• Fleet Management
  Use an easy interface to enroll, group, and manage devices with live status updates.
• OpenVPP Product Flow
  Simple process to sign up, connect devices, record data, receive rewards, and cash out.
• OpenVPP World Features
  It allows registering devices, monitoring grid activity, settling energy, and earning rewards live.
• Two Chains and One Grid
  The system uses two blockchain layers, Ethereum L2 by Coinbase and Ethereum L1 by Circle, working together as one grid.
• Key Layers of the System
  One protocol with two settlement layers for fast, low-cost energy settlement and large-scale energy management.
• Live Data and Monitoring
  Real-time data shows how many devices are active, energy settled, and transactions happening.
• Electric Utility Industry on Chain
  The SaaS aims to bring the $10 trillion electric utility industry onto blockchain technology.

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Technologies Used

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