Startup ASEAN

NEXTRA PTE. LTD.

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Related Keywords

ACTIVE Sustainability & Environment Cleantech

Headquarter Location

HILLVIEW APARTMENTS 71 HILLVIEW AVENUE #09-03 Singapore 669570

Company Profile Nextra's Secure and Verifiable Energy Measurement EcosystemNextra is an innovative company revolutionizing the energy management industry with its secure and verifiable method of measuring energy consumption, production, and storage across the entire ecosystem. By leveraging a unique combination of hardware identity and blockchain technology, Nextra ensures the accuracy and reliability of energy measurements while achieving scalability and cost-effectiveness.The core revenue model of Nextra revolves around implementing a "Hardware" identity called Rootz, similar to the approach used by Sovrin.org. This identity infrastructure provides a secure foundation for measuring energy, enabling trusted and tamper-proof data collection throughout the ecosystem. Utilizing blockchain technology, Nextra eliminates the need for a specific blockchain framework, offering flexibility and adaptability to different industry standards.One key advantage of Nextra's ecosystem is its ability to measure telemetry or SCADA-related events inherent to any utility system. This capability enhances Nextra's overall functionality and value proposition, making it highly attractive to utility companies and other stakeholders in the energy sector.With its robust infrastructure and reliable measurement capabilities, Nextra's ecosystem is poised to generate significant revenue. Nextra addresses the industry's need for accurate data and transparency by offering a secure and verifiable energy measurement method. This improves utility operational efficiency and enables better energy management practices for consumers and businesses.Furthermore, Nextra's scalable approach allows for widespread adoption, ensuring the ecosystem can accommodate many participants while maintaining its effectiveness. This scalability and optimized costs position Nextra as a financially viable venture with substantial revenue potential.

Overview

Website

https://http://nextrapower.com

kakwanivan@nextrapower.com

Founded Date

2015-12-21

Company Size

Company Stage

Industry

Sustainability & Environment

Technology

Cleantech

Client Focus

Status

ACTIVE

Headquarter Location

HILLVIEW APARTMENTS 71 HILLVIEW AVENUE #09-03 Singapore 669570