ENERSINC and CORNERSTONE with its partner FACTR, Announce Strategic Partnership to Enhance the Energy Industry in Colombia
For immediate release
Ontario, Canada | Medellín, Colombia | 27th of August, 2020
ENERSINC and CORNERSTONE announced a partnership looking to provide the colombian energy industry with the most advanced technological solutions provided by FactR Ltd. The companies will collaborate in order to bring digital transformation into the purchasing process of energy.
Today, the process of buying and selling energy in Colombia is completely manual. From the negotiation to closing deals, adding the complexity of the legal side of the process such as registering contracts, makes it a slow but highly document-dependent process in which everyone loses.
The idea is to provide the industry with better, transparent and secure services throughout an ecosystem. All types of contracts will coexist and there are possibilities of coverage and investment in a digital and safer way with efficient pricing.
ENERSINC is a company specialized in modelling, regulation and policies of energy market. With over 9 years of experience, the company will provide all the necessary knowledge of this complex industry. According to ENERSINC’s CEO, Jorge Sierra “Energy markets need a transformative platform that evolves alongside innovations in renewable energy, storage, and smart grids.
With this alliance, CORNERSTONE and ENERSINC will cover the information, speed and firmness needs of energy negotiations in order to increase liquidity and efficiency in our gas and electricity markets”.
Canadian-based company, FactR Ltd is leading the way of blockchain enabled trusted transactions and instant settlement says David Milnes, Chief Sales Officer. “We are extremely excited to enter into this partnership with Enersinc & Cornerstone, to bring our industry expertise to the Energy market. The partnership provides the opportunity to utilize our platform to digitize the process of purchasing energy creating efficiencies in a secure solution. Factr looks forward to continued growth in Latin America such as Colombia offering our latest solutions to different industries.”
“This is what we like to do in CORNERSTONE” said Giovanny Huaza, CEO of CORNERSTONE Blockchain Solutions. “We see opportunities for busting the productivity of the country in multiple sectors, now it is the time for the energy industry. We have the perfect match by bringing together the latest technology of FactR with the knowhow from experienced partners like ENERSINC.”
The solution will be focused on the colombian current process but reaching other markets is not far from our roadmap. We see this solution scaleting regional markets, therefore increasing productivity not only in Colombia but Latinamerica, USA and Canada.
The mix of next-generation Smart Contract technologies implemented in the energy industry will allow faster solutions to solve the most complex challenges in the energy sector.
For more information, please contact:
Comments
Post a Comment