Data Flow & Energy Verification

The Edma platform ensures transparent, verifiable, and immutable energy data by integrating IoT devices, blockchain storage, and smart contracts. This process guarantees the authenticity of energy production records and facilitates compliance tracking.

How Data Flows Through Edma

1

Energy Production & Data Capture

  • IoT-enabled smart meters monitor energy generation in real time.

  • Captured data includes timestamp, production source, and energy quantity.

  • The data is hashed and sent to the blockchain, ensuring tamper-proof records.

2

Blockchain Storage & Data Integrity

  • The energy data hash is stored on-chain, ensuring immutability and traceability.

  • Smart contracts validate incoming data against predefined rules.

  • Ensures no duplicate or manipulated records enter the system.

3

Token Issuance & Validation

  • Once verified, smart contracts trigger the issuance of Energy Tracking Tokens (ETT) and Clean Energy Coins (CLE).

  • Tokens are minted based on actual energy production data.

  • Fraud prevention mechanisms cross-check data from multiple oracles.

4

Decentralized Storage & Compliance Reporting

  • Verified energy transactions are registered in decentralized storage (IPFS, Arweave).

  • Regulatory bodies and stakeholders can access tamper-proof reports for ESG compliance.

  • Enables transparent audits and automated sustainability tracking

Code Implementation

Example: Data Hashing & Storage

contract EnergyDataStorage {
    struct EnergyRecord {
        uint256 timestamp;
        string source;
        uint256 quantity;
        bytes32 dataHash;
    }
    
    mapping(uint256 => EnergyRecord) public records;
    uint256 public recordCount;
    
    function storeEnergyData(string memory source, uint256 quantity, bytes32 dataHash) public {
        records[recordCount] = EnergyRecord(block.timestamp, source, quantity, dataHash);
        recordCount++;
    }
}

Example: Token Issuance Based on Verified Data

contract EnergyToken is ERC20, Ownable {
    constructor() ERC20("EnergyToken", "ETT") {}

    function issueTokens(address to, uint256 amount) external onlyOwner {
        _mint(to, amount);
    }
}

Benefits of Edma’s Data Flow System

  • Transparency: Immutable blockchain records ensure data integrity.

  • Security: Decentralized storage prevents unauthorized data modifications.

  • Automation: Smart contracts streamline token issuance and verification.

  • Regulatory Compliance: Automated reporting meets ESG and industry standards.

Edma’s data flow and verification system ensures that every unit of renewable energy is accurately tracked, tokenized, and made available for trading in a fully transparent and decentralized manner.

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