Cortex for energy and utilities
Enabling energy companies transform their businesses through digitalization. Enhance grid efficiency, safety, reliability and resilience for energy & utilities.
Overview
Transform energy industry with IoT and blockchain.
IoT is helping energy companies to increase production efficiency and improve distribution management. As IoT data is sensitive across these infrastructures, blockchain helps to store it safely and provides consumers greater efficiency and control over their energy sources. Blockchain enables immutable data, providing transparency and the ability to track the chain of custody for grid materials.
Infrastructure
Benefits
Privacy and security
A ledger that is shared across network partners and indelible means that tampering, fraud, and cyber-crime are much more difficult. Enable the highest level of security, performance, and stability.
Trust across parties
Blockchain networks help assure data integrity by storing an immutable, single version of the truth. Network participants can collaborate with confidence as they exchange information while controlling data access.
Reducing data leaks
Blockchain can reduce the time, cost and risks of managing sensitive information by providing an immutable and transparent audit trail for regulatory compliance, contract management, identity management and citizen services.
Increase transparency
Through distributed ledger technology that provides a shared, single version of the truth, Cortex gives permissioned participants greater visibility across all activities.
Risk mitigation
Streamline shared processes, increase accountability, minimize disputes and automate reconciliation tasks.
Full traceability
Blockchain can provide real-time visibility on the entire infrastructure and processes, eliminating blind spots across public and private entities.
