Grid Singularity: Decentralized Energy Data Exchange
Dr. Alexander Vasylchenko is the former CTO of Mycelium, a pioneer in Bitcoin applications. He is one of the most accomplished innovators in the industry. During Bitcoin Wednesday on 5 October, 2016, he will present his current work on bringing blockchain technology to the energy market.
After four years with Mycelium, Alexander became the CTO of Grid Singularity, the developer of an open source platform based on blockchain technology that enables decentralized energy data exchange. The Grid Singularity solution enables distributed and tamper-proof storage of energy data that gives full control of the information to the party who generates it. Numerous applications — for example, energy data analysis, smart grid management, green certificates, energy trade validation, and investment decisions — can all be built on this decentralized platform. During Bitcoin Wednesday Alexander will discuss some of these examples and how they can facilitate highly granular transactions for energy and renewable certificates.
In addition to his work with Grid Singularity, he also founded Sofitto, a startup which merges blockchain technology into a conventional banking card, a solution that provides an integrated store of value, enables hyper-secure data management with zero knowledge of the user’s data and no transaction costs. He has a PhD in electrical engineering from the Catholic University of Leuven, Belgium.