Robotina – Internet of things, artificial intelligence and blockhain empowering energy consumers

Published 22 mars 2018

For the first time in the history, opportunity, technology, legal and social conditions are ready for Robotina Universe. Internet of Things, Blockchain and Artificial Intelligence are bringing great benefits to users and power suppliers. Empowered people save energy and they use smart grids to save, earn and reduce pollution on our planet. We don’t do more, we just do it smarter.

Who ?

Robotina

When ?

2018-2022

About ?

Robotina link

What ?

INTERNET OF THINGS + ARTIFICIAL INTELLIGENCE + BLOCKCHAIN

Applying several state-of-the–art technologies, the Robotina Platform reduces electric energy consumption, lowers electricity costs and optimizes the functioning of the entire electricity grid by monitoring and controlling real-time electricity consumption and distributed production. Thus it (1) manages the devices and (2) collects and processes the data from platform users. This data is then offered to the network operators or electric energy producers.

Using smart technology the Robotina Platform solution will help you optimize the consumption of electricity by automatically turning off a device when in use (but not needed) or switching it on when the tariff is cheapest. Additionally, you will earn money by allowing power consumption flexibility to the grid and by collaborating in group buying, power trade, aggregated data sales, crowd financing and by activities in the platform’s marketplace. Last but not least, you will significantly contribute to a greener environment and sustainable development of mankind.

How ?

The Internet of Things (IoT) is a system of intelligent connected devices, digital machines, objects, animals or people that are provided with unique identifiers and the ability to transfer data over a network without requiring human-to-human or human-to-computer interaction.

The artificial intelligence (AI) is a systematic search through a range of possible energy optimization solutions in order to reach some predefined goals of the platform’s user. AI is the brains of the Robotina’s platform which cracks the real time smart grid data into valuable information and provides the rewards to its members.

Blockchain is a decentralized ledger which hosts a number of smart contracts triggered between different parties and a definitive contract is produced that can’t be disputed. The individuals involved are anonymous, but the contract is public on a decentralized ledger. Transactions are encrypted.

STEP 1: You receive the Energy Management System (EMS) hardware device.
STEP 2: You are connected! You save up to 30 % on electricity bills by using the EMS connected to the platform.
STEP 3: Robotina Smart Grid platform collects anonymous energy data 24/7.
STEP 4: Additional savings based on collaboration.
STEP 5: Robotina Utility Token (ROX) is the platform’s utility token, used in all transactions within the platform.

Why ?

Electricity is one of the key energy sources, probably the most important one. The ever higher price of electricity, unstable electrical networks as well as growing consumption of electrical energy, seriously endangers our lifestyle and natural environment. The price of electricity is significantly influenced by the uncontrolled peaks in the network/grid. For example, when a higher number of customers use the electricity at the same time. This means a constant demand for enlarged electricity production – also the case when it is actually not needed at all. The surplus of electricity goes to waste if not used immediately. Equally important as the surpluses, there are the deficits of electrical energy in the network, which means that the electricity has to be bought at much higher prices than normally. All of the above problems are influenced by (1) unstable sources, such as solar and wind power plants that produce the electricity only when the weather is favorable, (2) electric vehicles as new type of random load and (3) the current technology, which hasn’t enabled a price-favorable storage facility of larger quantities of electrical energy yet.

THE PROBLEMS:

Electric energy network is outdated
Small fluctuations destabilize the network – Electricity costs = generation costs + transport costs + stability assurance costs (peaks)

THE PROBLEMS RESULT IN:

Growing electrical energy price
Growing electrical energy consumption
Cost of keeping the grid stable can be as high as 30 % of electricity cost

TO MAINTAIN OUR CURRENT STANDARD OF LIVING WE MUST REDUCE (PER CAPITA) AND SHIFT (IN TIME) THE CONSUMPTION OF ELECTRICAL ENERGY!

Download whitepaper