[Tech]Business Model. Energy.

ReapChain(REAP)
ReapChain Official
Published in
1 min readDec 25, 2020

The energy sector is pursuing home automation and energy management efficiency by integrating with ICT such as IoT.

In particular, the home network environment has been rapidly changing in the past few years. As the number of devices such as computers and various sensors has surged, issues regarding security, real-time data processing and device authentication are increasing.

The energy management system utilizing ReapChain BaaS will improve the above-mentioned problems and establish an efficient system.

Step 1. Collect various data generated from smart home devices to which Reap SDK is applied through smart meters.
Step 2. Continuously transmit and verify power consumption data and device status through smart home device controllers.
Step 3. Check quantity of electricity needed for each household by power providers, and check data for device status to improve service quality by service providers through Reap Platform.
Step 4. Receive reliable data and verify information regarding each smart home devices by consumers.

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