Startup Liquidstar is developing a novel solution using distributed ledger technology (DLT) to bring affordable and sustainable electrification to the rural and remote areas of the world. The solution comprises a container-based solar powered battery charging station and Internet of Things-connected portable storage batteries that are rented out to customers, with all usage and payment records managed on the blockchain.
“We liken ourselves to the Uber of electricity,” Liquidstar cofounder Scott Salandy-Defour told Ledger Insights. “We are looking at digital power stations that can be deployed anywhere to bring power to daily users or to provide emergency services in cases of disaster.”
Approximately one tenth of the world population, 789 million people, lack access to sustainable energy supplies, mainly in Africa and Asia. Much effort is being put into achieving universal access as one of the UN Sustainable Development Goals. New innovations are still needed to drive towards a target that is unlikely to be met on current trends.
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