The electricity that powers home appliances, glow your lights and charge your phones, hops through multiples networks in order to reach your home. Following diagram shows these networks and highlight the low voltage (230V/415V) distribution network which we would focus on this discussion.

Today’s traditional centralised energy provisioning model is rapidly moving towards a decentralised market model where energy production is moving from few large power plants to a large number of small power producers focused on renewables. The traditional model was focused on bulk generation, had less automation and very less situational…

Similar to open banking the Consumer Data Right in banking domain, Consumer Data right (CDR) for energy will enable consumers to authorise third parties to access their energy data. This will empower consumers to more easily share their data to find better products and make informed decisions on personal energy…

I did a talk recently at WSO2 Summit APAC 2021 which shares a recipe to make your bank future-ready.

Consumer Data standards uses the concept “CDR authorisation scope” to define the range and depth of consumer data that customer is willing to share.

The Conformance Test Suite of ACCC (now Treasury) is an important part of the Consumer Data Right on-boarding process. It is applicable to participants that are looking to enter the ecosystem (new participants), and participants that are already part of the ecosystem (existing participants), to prepare for future releases and…

Australian Consumer Data Rights rules (CDR) has improved its consumer consent (Customer’s preference to share his/her own data with a 3rd party) management process to include the ability to update an existing consent arrangement. Earlier, if you want to update your current data sharing arrangement you need to remove it…

Video and slides : https://wso2.com/library/summit-2020/apac/fintech-ecosystems-consumer-experiences/