The current growing P2P economy and apps like Venmo and Paypal who are succeeding in it. We wanted to find a way to optimize all of the excess renewable energy Dominion is already receiving from residents and businesses.
What it does
It communicates between meters, which would need to be installed at residences and businesses enrolled in the program, to allow for the bi-directional flow of energy within a peer-to-peer renewable energy network.
How we built it
We used Quorom to enable nodes to speak to each other and then visualized the network using D3.
Challenges we ran into
We had difficulty gathering data from the blockchain into a user-facing application. As well as scaling down our big idea into manageable steps.
Accomplishments that we're proud of
We were able to come to a consensus on a feasible idea and get nodes to speak to each other on Quorom. We believe that our idea could realistically be implemented within the next decade or two.
What we learned
Some of us realized that there are recurring issues we run into when working on a project, so the next step for this is to understand why we keep running into these issues. We also learned the pains and difficulties of managing a blockchain network hosted in the cloud. As well as the struggles of creating a program that actually works underneath the pretty, sexy front end.
What's next for Dominion Energy P2P, Power-to-Power
In order for the software and P2P program to be implemented, we would need to create the finished, working, final product. Then, take the steps necessary to actually implement the program, like ensuring a market for this program based on geography and socioeconomic status within a community.