Power Transition & INTREX Telematics are looking forward to collaborating in two key areas, the development and application of Power Transition’s platform for grid management at municipality level in Southern Africa and co-development of DLT integration into the INTREX Telematics solution for the automotive sector.
We believe that the integration and interoperability of Power Transition’s DLT Platform with INTREX Telematics Systems is key to our success. Once accomplished we can plug it into anything and start exchanging information and value as well as issuing commands with guaranteed certainly, trust and security.

4 Step Approach to Development and Execution:
1) DLT/Telematics integration: As an initial step Power Transition will embedding its DLT node processor into INTREX Telematics Systems. Once that is achieved several benefits will be immediately available:
1. Addition of state-of-the-art Cyber security to all Telematics data exchanges
2. Value exchange as well as data/information exchange: Creation of secure digital asset value (crypto-wallet) within every unit
3. High performance real-time updates
4. Immutable audit trails for all transactions

2) Miniaturisation and Interoperability: As we further miniaturise the integrated INTREX Telematics Systems and Power Transition DLT node we will open both hardware and software interfaces so the units can be used for a wide array of applications besides transport alone. We will develop plug-&-play interfaces to a wide variety of hardware and software assets. These will also include DLT enabled 4G/5G gateways and be prioritised according to prevailing market interests:

3) Broad Spectrum Application:
a) Transportation:
I. EVs, and fleet vehicles (cars and trucks)
II. Drones
III. EV and drone charge points
b) Energy Markets:
I. Digital electric meters and/or internet routing hubs
II. DER Assets
III. Energy Sector Assets Registration
IV. Energy Sector Data Catalogues
V. Energy Sector System Mapping
VI. Energy (and/or carbon) Trading platform feeds
VII. Energy Token Lifecycle Registers
VIII. Billing/Invoicing, Settlement
IX. Electric meter monitoring and control
X. Billing and invoicing
XI. Accounting and administration
c) Point of Sale
I. Vending Machines
II. Supermarket PoS
III. Online Music and media sales

4) International Markets: The application of the DLT/Telematics integrated modules can have a global impact, especially in developing countries where it can leapfrog legacy technologies. South Africa is the ideal place to develop and test this out before opening it up to the global markets.

The Electric Vehicle markets are skyrocketing across Europe and will continue to do so. Most EVs are leased as fleet vehicles. These EV lease companies are in serious need and are looking for a DLT/Telematics integrated system. Successfully implementing these will help shape the future of the EV industry.