ENERGY

Enable resilient, low-cost and green electricity markets with My Power, a scalable, agile and regulatory compliant platform that enables tokenization of energy production and consumption and allows consumers to benefit from using green energy.
RIDDLE&CODE ENERGY Trusted Gateway
See how RIDDLE&CODE shapes the future of energy markets
Product USPs
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Minimise operational
overhead and risk
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custody
Provide secure and flexible custodial services to a wide range of customers
Create unlimited secure custodial wallets for your customers. Easily deploy new wallets or recover existing customer wallets.
Achieve full account segregation for customer wallets as per regulatory requirements in several jurisdictions.
Access the real-time audit record of all transaction-related details and metadata. Export and share human-readable documents with relevant regulatory bodies and auditors.
Download Infos
Download Infos
Benefits
Co-creating the energy future
Empower consumers
MyPower tokenizes solar photovoltaic (PV) assets, allowing consumers to benefit from partial ownership and invest in renewable energy sources.
Develop new business models
With MyPower, new types of markets, such as distributed, local and micro energy communities, as well as charging solutions for EVs can be deployed.
Diversify income
Transition from single energy delivery income to recurring revenues by providing additional services to consumers while preserving data integrity.
Product Features
                               Bring traceability, trust. and flexibility to the energy networks
One device to rule them all
MyPower is ledger agnostic and interoperable with different smart grid systems.
Automated transactions
Settlement layer automates transactions between distributed ledger(s), grid(s) and consumers.
Enhanced auditing
All transactional data encoded in blockchain creates a record of a transaction and provides an immutable trail that can streamline auditing and reporting.
Faster settlements
In most of the current electricity markets, reconciliation and settlement of transactions takes anywhere from 5 to 90 days. MyPower enables up to near real-time settlements.
Removing the middlemen
Smart contracts can automate numerous processes while avoiding the services of a middleman.
Our solution fits custodial needs for different financial services
HELPING CLIENTS TO TRANSFORM AND SCALE
'Local energy communities and microgrids are expected to play an increasingly important role in addressing climate change challenges and the transition towards renewable and sustainable energy systems. However, the current market structure is inadequate to realise this vision, as consumers are practically excluded from participating in energy production and settlements. Blockchain has the potential to transform consumers into prosumers and active participants in the energy network.'

Michael Strebel, CEO of Wien Energy
'Riddle&Code‘s launch with Wien Energy demonstrates how Intel® SGX can help to deliver the security foundation needed to build and deploy a new era of dynamic and cost-effective networks. Intel® SGX offers hardware-based memory encryption that isolates specific application code and data in memory. Intel® SGX allows Riddle&Code to allocate private regions of memory, called enclaves, which are designed to be protected from processes running at higher privilege levels.'

Paul O’Neill, senior director, business development in intel’s confidential computing group
our partners
BRING TRUST AND FLEXIBILITY TOWARDS LOCAL ENERGY COMMUNITIES, ENABLE LOCAL PRODUCTION OF RENEWABLE ENERGY AND PREPARE FOR THE TOKEN ECONOMY TO COME.
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