Robotina - IoT, AI, and Blockchain technology combined to save your money.
Robotina – IoT + AI + Blockchain
Galloping development of blockchain technology has brought the number of the breakthrough in various fields of finance, business, academics, digital identity and so on. Even energy sector could not stay untouched with the essence of blockchain technology. Currently, the world is throbbing with ample energy demand and this demand seems to increase in near future. The problem is, current power plants, renewable energy sources and other energy resources are lacking in efficiency for various reasons. Though, Slovenia based blockchain based venture called Robotina working on the problems associated with energy sectors and came up with solution that reduces the energy consumptions, lower the energy costs and optimize the entire electricity grid for maximum output, by coming two most promising technology of the era – Internet of things (IoT) and Artificial intelligence (AI). Let’s dig deep into what Robotina platform can bring to revolutionize an entire energy sector.
Robotina, as of I know, is the first blockchain company trying to bring the benefits of blockchain technology into power sector combining another two most powerful technologies of an internet of things and artificial intelligence. Robotin is aiming to apply several states of the art technology with blockchain based smart contracts to build the platform where connected users can optimize the power consumption by utilizing it smart way. So how will they do it?
That’s where internet of things along with artificial intelligence comes into play. Robotina platform takes control over entire power grid and turns it into the smart grid by monitoring the real-time energy consumption, managing devices and collects & process the data from users connected to this platform. This data will be used by other top-tier energy producers and suppliers to enhance the energy consumption and hence saving the electricity resulting lower electricity bills.
Every user connected to this platform allowing Robotina let control on their energy grid will earn the reward in form of ROX- native cryptocurrency developed by Robotina which will be used to pay for the services and products on this platform.
So what will you need to save energy and lower the energy bill?
When getting your hand on Robotina, You receive the Energy Management System (EMS) hardware device that will save up to 30% energy. It’s a smart Internet of Things (IoT) device that senses the energy consumption and behavior of your electrical appliances. After the installation, it immediately starts sending data to and receiving data from Robotina Platform. EMS will monitor the way the user uses the electricity 24/4 and send the data to AI based smart grid platform. The Artificial Intelligence (AI) on the platform collects and processes the data sent by EMS device to identify the historical data patterns such as when and how many times the boiler, air conditioner, heat pump, etc. are switched on. AI uses weather forecasts and energy price data to optimize your expenses.
When applied on large scale Robotina can really bring the revolutionary breakthrough in power sectors and change the way people use utilize the electricity to optimize power consumption.
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Special Thanks to Robotina for making this article possible! Check out their Twitter or Facebook Page to ask more about their project!