Intellica was acquired by
Digicodecompany. You will
be redirected to Digicode's website in seconds.
The client is developing a Blockchain based Renewable Energy Distribution Platform that will be self-governing, taking control away from utilities and placing Consumers, Prosumers and Producers in charge of their own energy future. Client’s platform aims to achieve these benefits for all users. First, by removing the middleman, electricity will be offered at far lower prices due to the elimination of layers of overhead and costly front, mid and back office systems. Secondly, the new Peer-to-Peer environment will create transparency and supply sustainable, socially-responsible energy. Thirdly, customers will be in control of the energy needs for their home or business with access to true clean energy via the platform.
Productive work has begun with technical consultations on the usage of blockchain technologies in the green energy domain. Simultaneously the product architectural discussions, Intellica team has analyzed and compared the most successful blockchain technologies (Quorum, Hyperledger, R3 Corda) in order to pick up the most suitable for the needs of the product and architecture. Moving forward, the team also had additional investigations on Hedera, the public network for decentralized applications.
Accompanying product analysis, Intellica team consulted the client on investment raising process, namely Security Token Offering. The main topics of points were crowdsale management, token (GET-T) smart contracts, investor cabinets, KYC & AML.
For the process intensification, the client team visited Intellica’s office for a 2-day workshop dedicated to platform stucture including development approaches, the scope for MVP stage of the product, functionality “wish list”, as well as security token offering. The workshop is considered to be successful and it completely satisfied the initial purpose.
Approaches for platform development:
For project facilitation, the client decided to raise investment in first place. Intellica team suggested several ways for token sale event, including automatic and manual token distribution (along with token smart contract development). Manual token distribution (The tokens purchased with any currency (except Ethereum) are distributed manually) suited best for the quick start on the market.
Intellica team has been engaged in:
Ethereum Mist Wallet (third-party system) is a tool, which allows calling the contract’s functions.
Version control & development tools:
Third-party systems: Mist Wallet
Smart contracts were developed within a month. The final product is supported by the next documentation:
Fully managed Project Delivery
Energy, Blockchain, Security token offering
Consulting, Smart contracts
1x Project Manager
1x Business Analyst
1x Blockchain architect