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Endesa completes the development phase of the CONFIA project, which uses blockchain technology in Spain

May 27, 2020

Endesa has completed the development and validation phase with real users of the CONFIA project, an initiative that uses blockchain technology and tries to rationalize the processing of so-called “cases of energy poverty”. This was reported from Spain, the República portal.

According to an article in this medium, it is a groundbreaking project in Europe. “CONFÍA works with the Malaga City Council, the municipality where the pilot experience will take place. This first test was carried out in collaboration with the University of Malaga and the City Council. “ In addition, the companies Ayesa and Izertis participated in the development.

“The aim of the CONFÍA project is to enable municipal social services to identify consumers who can access the social bonus as vulnerable consumers in advance and to easily understand the outstanding debt so that they can benefit from the legal aid.” added later.

Endesa completes the development phase of the CONFIA project, which uses blockchain technology in SpainEndesa completes the development phase of the CONFIA project, which uses blockchain technology in Spain

As explained in the publication, the procedure has established numerous procedures in the event of failure. Negotiations were needed between several actors who “neither had a global idea of ​​the state of the process, nor knew the accumulated debt with certainty and in a simple way so that the processing of aid by local social services could be slowed down Stand closest to people in vulnerable situations. “

In accordance with existing regulations, Endesa sent the notice to the Autonomous Communities and they had to send the information to the communities responsible for managing the aid in those cases. “In many cases, social services are informed of cases in which victims contact the city council themselves, although the file is well advanced. These delays in the flow of information could even cause problems in delaying payment and granting aid,” they clarified.

With the use of blockchain technology, it is now expected that the procedures will become easier and the information will flow immediately. Through the CONFÍA project, they also expect the city council of Malaga to receive the information in real time. Immediate receipt of data from people who have not paid for the power supply.

“”Social services, in turn, can immediately link this information to their own database and contact the company to avoid a reduction in offers if it is found that it is a consumer who meets the criteria for receiving aid for vulnerable consumers at risk of social exclusion, “said the Republic.

Testing

It should be noted that the first tests carried out showed how quickly data can be obtained since non-payments occur. And this would be registered in a decentralized system with a level of security and traceability.

With this, It would be the social services themselves that identify vulnerable consumers and contact the families concerned to manage the help, not the other way around.

About the CONFÍA project

The CONFÍA project is part of Endesa’s commitment to combating energy poverty. “Since 2014, the company has signed various agreements with local / autonomous administrations and third sector agencies to avoid power outages among users with energy poverty status that are certified by social services while the emergency aid is being processed by them to pay for electricity or electricity Manage gas bills for these users, ”they noted.

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