Open Solar Energy generation data project ElectriCChain has gathered participants from prominent organizations including MIT, IOTA, NASA and Parc, according to an email sent to CoinReport. The project launched 4 weeks ago and aims to verify and publish data from the 7 million solar energy generators worldwide on the SolarCoin blockchain and others.

According to the project’s website, ElectriCChain specifically wants to create a community (currently managed through Slack) for creating and sharing solar energy data, define reporting data standards and develop tools for publishing and receiving energy data from the blockchain.

The growing community supporting ElectriCChain comes at a time when SolarCoin is also experiencing its share of developments. Over the next few weeks the new SolarCoin wallet is due to be released along with a new affiliate claims site in conjunction with Global Solar Exchange.

CoinReport reached out to ElectriCChain co-founder Francois Sonnet who was able to give us a summary of the project and it’s relationship with SolarCoin:

“SolarCoin is a digital asset aiming to incentivize for additional solar power throughout the world. SolarCoin increases the ROE of a solar installation and decreases the PayBack time of the solar install. SolarChange and Solcrypto are platforms which interconnect the end user (ie, solar owners) to the SolarCoin program. The ElectriCChain is the Blockchain powering the Digital Asset SolarCoin, and gathers Data related to these end users. The Goal of the ElectriCChain is to build a network of +7million solar installations and gathering data for Scientific (ie: Climate Change), Meteorological (ie: Weather forecast) and Financial (ie: Trading/Derivative tool) applications. Additionally, we expect up to 200 million residential households to be able to connect to the SolarCoin programme, based on IEA estimates of 5.500MW solar power in the next 15-25 years and if you factor in a standard 3.5kWp solar install.”

ElectriCChain is looking for researchers and observers to participate before the project’s full launch. Interested parties are encouraged to apply on the project’s home page.

Image credits:

SolarCoin logo – Via ElectriCChain’s email we received

Francois Sonnet’s photo – Courtesy of ElectriCChain