We architect and deploy custom smart contracts that form the backbone of your Web3 application. Our development process ensures security-first design, gas optimization, and comprehensive audit readiness from day one.
Wholesale Electricity Market Settlement Engine
Smart Contract Development
Secure, production-ready smart contracts built by expert Solidity engineers.
- Protocol Development: Custom
ERC-20,ERC-721,ERC-1155, and bespoke token standards. - DeFi & DEX: Automated Market Makers (AMMs), liquidity pools, staking, and yield farming contracts.
- NFTs & Marketplaces: Minting logic, royalty enforcement, and auction mechanisms.
- Utility & Governance: Multi-signature wallets, DAO frameworks, and access control systems.
We deliver battle-tested contracts with a focus on reducing vulnerabilities and minimizing gas costs for end-users.
Our engineers write in Solidity 0.8+, adhere to OpenZeppelin standards, and implement formal verification where required. We provide a clear roadmap from initial spec to mainnet deployment in as little as 2-4 weeks.
Core Engine Capabilities
Our production-ready settlement engine delivers the reliability, speed, and compliance required for high-stakes wholesale electricity markets. Built for enterprise-grade performance.
Real-Time Settlement Processing
Process high-frequency, high-volume market transactions with deterministic, sub-second finality. Engineered for peak loads and critical settlement windows.
Regulatory & Market Rule Compliance
Pre-configured for FERC, NERC, and ISO/RTO market standards (e.g., CAISO, PJM, ERCOT). Automated compliance reporting and audit trails built-in.
Multi-Party Settlement & Reconciliation
Automate complex settlements between generators, LSEs, and grid operators. Handle disputes with transparent, cryptographically-verified transaction logs.
High-Availability Deployment Architecture
Fault-tolerant, geo-redundant deployment with zero-downtime failover. Designed for the 24/7/365 operational demands of energy grids.
Financial Instrument Support
Native support for forward contracts, futures, options, and renewable energy credits (RECs). Enables complex portfolio management and risk hedging.
Enterprise Integration & APIs
Seamless integration with existing EMS, SCADA, and ERP systems via RESTful APIs and webhook events. SDKs available for rapid development.
Business Outcomes for Market Operators
Our settlement engine delivers measurable operational and financial advantages, moving beyond technical features to drive your core business metrics.
Real-Time Settlement & Reconciliation
Automated, on-chain settlement of wholesale electricity trades, eliminating manual processes and reducing reconciliation time from days to minutes. Ensures immediate cash flow and accurate position tracking.
Regulatory Compliance & Audit Trail
Immutable, tamper-proof ledger of all transactions and market operations. Simplifies reporting for FERC, NERC, and other regulators with a complete, verifiable audit trail accessible on-demand.
Reduced Counterparty & Credit Risk
Smart contracts enforce pre-trade credit checks and automate collateral management. Settlement is atomic and guaranteed upon fulfillment of contract terms, virtually eliminating default risk.
Operational Cost Reduction
Dramatically lower costs by automating back-office settlement, reconciliation, and dispute resolution. Reduces reliance on intermediaries and manual data entry errors.
Enhanced Market Liquidity & Participation
Lower barriers to entry for new participants through transparent, trust-minimized settlement. Enables novel financial products like tokenized energy assets and forward contracts.
System Resilience & Uptime
Built on decentralized infrastructure with no single point of failure. Delivers enterprise-grade reliability with defined service level agreements for critical market operations.
Legacy vs. Blockchain-Powered Settlement
A direct comparison of traditional settlement systems against a modern, blockchain-native settlement engine for wholesale electricity markets.
| Settlement Factor | Legacy System | Chainscore Engine |
|---|---|---|
Time to Final Settlement | T+3 to T+5 days | Near real-time (< 1 hour) |
Data Reconciliation | Manual, error-prone processes | Automated, cryptographically-verified |
Audit Trail & Transparency | Centralized, siloed logs | Immutable, shared ledger |
Dispute Resolution | Lengthy, manual arbitration | Programmatic, rule-based via smart contracts |
Infrastructure Cost (Annual) | $500K - $2M+ | $100K - $300K |
Implementation Timeline | 12-24 months | 8-16 weeks |
Regulatory Reporting | Custom, batch exports | Automated, real-time data feeds |
System Uptime SLA | 99.5% (planned downtime) | 99.9% |
Our Delivery Methodology
We deliver secure, auditable, and production-ready settlement engines using a structured, milestone-driven approach that de-risks development and ensures regulatory compliance.
Architecture & Design Sprint
We begin with a collaborative 2-week sprint to define the core settlement logic, data models, and smart contract architecture, ensuring alignment with your market rules and regulatory requirements from day one.
Smart Contract Development
Our engineers build the settlement engine's core logic in Solidity 0.8+, implementing verifiable calculations for MWh settlement, REC tracking, and financial obligations with gas-optimized patterns and OpenZeppelin libraries.
Security & Audit Integration
Every contract undergoes rigorous internal review followed by a formal audit with a leading Web3 security firm. We provide a comprehensive vulnerability report and implement all critical fixes prior to deployment.
Oracle & Data Feed Integration
We integrate with trusted oracles (e.g., Chainlink) and custom data providers to securely feed real-time market data, generation metrics, and price ticks on-chain, creating a tamper-proof audit trail.
Staging & Testnet Deployment
We deploy the complete system to a testnet environment, executing end-to-end settlement cycles with simulated market data. This phase includes stress testing and dry runs with your operations team.
Mainnet Launch & Support
We manage the production deployment, provide on-call support for the initial settlement periods, and deliver complete documentation and training for your engineering and operations teams.
Frequently Asked Questions
Get clear answers on our development process, security, and support for your custom settlement solution.
A standard Wholesale Electricity Market Settlement Engine with core settlement, billing, and reporting modules takes 8-12 weeks from kickoff to production deployment. This includes requirements analysis, smart contract development, integration with market data oracles, and security audits. Complex features like real-time imbalance pricing or multi-region compliance can extend the timeline, which we scope and estimate during the discovery phase.
Get In Touch
today.
Our experts will offer a free quote and a 30min call to discuss your project.