Beenx offers a digital platform for energy trading and management in Brazil, utilizing blockchain for secure and transparent transactions. It integrates back-office, risk management, and trading services to provide businesses with efficient energy procurement and access to the free energy market.
Funding
Funding not disclosed
Founders
Product
Problem
The Brazilian energy market faces inefficiencies and a lack of transparency in energy trading and management. This fragmentation hinders optimal pricing and limits access to the benefits of the free energy market for businesses.
Solution
Beenx provides a comprehensive digital platform designed to streamline energy trading and management within the Brazilian market. By leveraging blockchain technology, Beenx ensures enhanced security, traceability, and transparency in all transactions. The platform acts as a unified ecosystem, integrating back-office operations, risk management, trading, and post-trading services. This approach aims to democratize access to the free energy market, offering competitive pricing and a diverse range of services to businesses seeking efficient energy procurement and management solutions.
Target Audience
The platform targets businesses operating within the Brazilian energy market, including energy generators, traders, commercializers, and large industrial consumers seeking to optimize their energy procurement and management strategies.
Features
- Integrated digital platform for energy trading and management, serving as a single point of access for market participants.
- Blockchain-based infrastructure for enhanced transaction security, data immutability, and auditable traceability.
- End-to-end digital integration of back-office, risk management, trading (online and offline), and post-trading services.
- BX Boleta: Electronic confirmation of offline energy contract negotiations, streamlining the process and reducing costs.
- BX Tela: Real-time trading interface for energy contracts and iRECs (International Renewable Energy Certificates) with automated order matching.
- iREC trading and retirement functionality, facilitating ESG compliance and renewable energy certificate management.
- BX Financeiro: Digital integration for contracting financial guarantees, insurance, and margin accounts from financial institutions.
- APIs for seamless integration with external platforms and internal enterprise systems.
- Real-time risk management with dynamic updates based on market conditions and counterparty risk policies.
- B3 Trust Seal integration for counterparty risk assessment and operational status verification.