Trusted Renewables MULTOS solution shortlisted for SESAMES Awards
Posted on 17 November, 2017 in Category
London, UK – 17th November 2017 – Trusted Renewables Limited, an industry pioneer specialising in renewable energy, carbon reduction and smart metering has been shortlisted as a finalist in the prestigious 2017 SESAMES competition in two categories: the Internet of Things (IoT) and Cybersecurity . The winners are due to be announced at the 2017 Trustech show in Cannes. The submitted innovation “Harvesting Sunshine from Solar Gardens with Smart Solar Panels” contains embedded secure MULTOS technology and communications circuits which link them to an IoT smart energy ecosystem.
The MULTOS chip in the Smart Solar Panels resists cyber-attacks and serves as the IoT “Trust Anchor.” Secure applications running on each chip allow energy trading using “smart contracts” and validate renewable energy payments with “certificates of origin”. Individual panels can be grouped into a “solar garden” where investors receive tradable rights to be rewarded for the renewable energy produced by “their” panels.
Colin Mallett, CEO of Trusted Renewables, says “On behalf of our project consortium which includes a team from the University of Hertfordshire Smart Laboratory, we are honoured to be shortlisted as a finalist for the SESAME awards. Our invention of a new secure renewable energy payment ecosystem can support new smart secure IoT applications linked to cryptocurrencies and blockchains, themselves the “biggest change to financial services in recent memory. MULTOS allows us to deliver robust, highly secure technology solutions for green energy projects enabling wider adoption of cleaner, more sustainable energy”.
Paul Wilson, Commercial Manager of the MULTOS Consortium, comments “Being shortlisted as a finalist is a rightly deserved achievement for Trusted Renewables Limited. Their decision to design in the highly secure and widely trusted MULTOS technology has allowed them to leverage core MULTOS technology benefits; security, flexibility, ease of development, and efficient device management”.
About Trusted Renewables:
Trusted Renewables Ltd was founded in 2008 as a private spin out from BT Laboratories. The team of experienced R&D professionals provide thought leadership on the application of ICT to smart energy and renewables, and has extensive knowledge of E- and M-commerce along with M2M, wireless and 2G - 5G mobile telecoms supporting converged services and IoT.
The company has patented the use of a smart card platform embedded in solar panels and wind/water turbines, and is currently focused on combining this with disruptive emerging technologies such as blockchains, cryptocurrencies and distributed ledgers. This includes exploring solutions which provide the trusted root for new kinds of secure energy transactions such as topping up and spending “green bitcoins” held in an e-wallet. For further information, visit www.trustedrenewables.com
Contact: Colin Mallett