Working on a different architecture for electricity transactions, says Nandan Nilekani
- Nandan Nilekani, co-founder of Infosys, announced a new architecture for electricity transactions focused on renewable energy sources. - Speaking at a Bengaluru event, Nilekani emphasized a shift from traditional power distribution to a decentralized model involving household batteries and rooftop solar panels. - He envisions homes buying power during the day when it's cheaper and selling it at night when prices are higher. - Nilekani is also supporting the open-source Beckn protocol, which aids in developing decentralized digital networks. - Additionally, he highlighted the potential of AI to address India's linguistic diversity, mentioning the AI startup Sarvam AI's advancements. Source: [Moneycontrol]()
