Last updated 3 months ago
Cardano's RWA future is at risk. It's built on untrusted API data, vulnerable to 'Garbage In, Garbage Out' fraud. We lack an open, industrial-grade hardware 'Root of Trust' to secure the source.
We build an Industrial IoT Oracle using a Hardware Secure Element (HSM) and Rust. It signs energy data at the source, creating a tamper-proof 'Proof of Source' stream for any RWA protocol.
Please provide your proposal title
[B-REC]: Trusted IoT Edge Oracle (Industrial DePIN)
Enter the amount of funding you are requesting in ADA
135000
Please specify how many months you expect your project to last
6
Please indicate if your proposal has been auto-translated
No
Original Language
en
What is the problem you want to solve?
Cardano's RWA future is at risk. It's built on untrusted API data, vulnerable to 'Garbage In, Garbage Out' fraud. We lack an open, industrial-grade hardware 'Root of Trust' to secure the source.
Supporting links
Does your project have any dependencies on other organizations, technical or otherwise?
No
Describe any dependencies or write 'No dependencies'
No dependencies
Will your project's outputs be fully open source?
Yes
Please provide details on the intellectual property (IP) status of your project outputs, including whether they will be released as open source or retained under another licence.
To foster a truly decentralized DePIN, we will open-source the complete blueprint for our hardware oracle. This includes all software (Rust Firmware, Oracle Backend) under the Apache 2.0 license, and all hardware specifications (Bill of Materials, wiring schematics). This empowers anyone in the community to independently build, audit, and deploy their own nodes, preventing vendor lock-in and ensuring true network resilience.
Please choose the most relevant theme and tag related to the outcomes of your proposal
RWA
Describe what makes your idea innovative compared to what has been previously launched in the market (whether by you or others).
We are pioneering the Physical Trust Layer for Energy on Cardano. While most projects rely on flimsy hobbyist hardware (Raspberry Pis) or closed proprietary systems, our innovation lies in three industrial-grade differentiators:
Describe what your prototype or MVP will demonstrate, and where it can be accessed.
By the end of 6 months, we will have a deployment-ready Industrial IoT Oracle and Management System:
Describe realistic measures of success, ideally with on-chain metrics.
Please describe your proposed solution and how it addresses the problem
The Vision: A Decentralized Energy Network on Cardano
B-REC is engineering a decentralized, tiered, and data-agnostic energy network on the Cardano blockchain. Our vision is to establish a foundational protocol for the digitization and trading of Real World Assets (RWA) within the renewable energy sector. By standardizing the validation and tokenization process of energy yield data, B-REC unlocks a liquid, transparent, and efficient marketplace for Renewable Energy Certificates (RECs) and Carbon Credits.
The Innovation: The Hybrid Trust Model
The core innovation of B-REC lies in the Hybrid Trust Model, a dual-tier architecture designed to solve the "Energy RWA Trilemma": Accessibility vs. Security vs. Scalability. We recognize that forcing producers to replace existing infrastructure (the "Hardware Wall") is a major barrier to widespread adoption. Simultaneously, relying solely on API data without verification mechanisms creates vulnerabilities for fraud and "Greenwashing."
B-REC solves this by deploying a two-tiered system that accepts both data types while transparently classifying them:
Tier 1 (The Gold Standard): Cryptographically Trusted Data. This data originates from B-REC Trusted Edge devices—industrial IoT gateways equipped with Hardware Security Modules (HSM). Data is cryptographically signed at the source using the Ed25519 algorithm, ensuring data integrity and non-repudiation. This represents the highest level of trust.
Tier 2 (The Silver Standard): Algorithmically Trusted Data. To break the accessibility barrier, B-REC supports data from legacy API systems of leading inverter manufacturers (e.g., Huawei, SolarEdge). While accessible, this data carries spoofing risks. We mitigate this by routing data through a Satellite Cross-Check Engine, which compares reported output against historical solar irradiance data at the asset's specific GPS coordinates to flag anomalies.
By combining Hardware Trust and Algorithmic Trust, B-REC creates a flexible protocol that welcomes gigawatts of existing energy capacity onto Cardano while providing a clear pathway to upgrade to the highest security standards.
The Problem Landscape: The Hardware Wall & The Trust Gap
The current Energy RWA market is trapped between two extremes, creating inefficiencies and massive barriers to entry.
The majority of current blockchain solutions require energy producers to install expensive, dedicated Smart Meters to join the network.
Cost: An industrial-grade smart meter costs between $500 - $1,000, excluding installation and maintenance.
Consequence: This disqualifies 95% of small and medium-scale solar projects (SME/Rooftop). These producers already possess smart inverters but are unwilling to incur additional capital expenditure (CAPEX). Consequently, RWA market liquidity is strangled at the source.
Conversely, solutions that do not require hardware (relying on manual reporting or Excel files) face severe data integrity issues.
Greenwashing: Self-reported data is easily manipulated to exaggerate green output.
Double Counting: A single MWh of electricity can be sold as a REC to multiple buyers because there is no public ledger to track the "retired" status.
Lack of Verification: Data from Inverter APIs (Legacy APIs), while convenient, is fundamentally Web2 data. It can be intercepted or altered at the intermediate server level before reaching the user.
The market demands a protocol capable of lowering entry barriers (like Web2) while elevating security standards (like Web3). This is the mandate of B-REC.
We are building an Industrial IoT Edge Oracle powered by custom Rust Firmware and Hardware Security Modules (HSM/TPM). This device reads data directly from solar inverters via Modbus, cryptographically signs it at the hardware level (ensuring Non-repudiation), and streams it via a Universal API, serving as the "Guardian of Truth" for the entire ecosystem.
B-REC IoT Edge: The Guardian of Truth.
We are building the physical foundation for the Energy RWA ecosystem on Cardano. Our solution attacks the "Garbage In, Garbage Out" problem at its root: the physical data source.
The Hardware-First Architecture:
Value Proposition for Users (Why buy this?):
We position this device as a 2-in-1 Solution:
Operational Monitoring: It replaces expensive legacy SCADA systems, giving farm owners free, granular, real-time monitoring dashboards to track their plant's health.
Asset Tokenization: It enables them to mint high-value "Gold Tier" RWA tokens (via the B-REC Protocol).
This ROI model ensures adoption is driven by utility, not just speculative token incentives.
Strategic Independence and Synergy:
While this B-REC Edge device is designed to be the "Gold Standard" data source for our complementary software proposal, the B-REC Protocol (a system for minting RWA tokens from various data sources), it is engineered to be fully independent and commercially valuable on its own.
Synergy Scenario (Both proposals funded): The B-REC Edge device feeds its cryptographically signed data directly to the B-REC Protocol to automatically mint the highest-quality "Tier 1" RWA tokens. This creates a seamless, end-to-end trusted ecosystem.
Independent Scenario (Only this proposal funded): The B-REC Edge functions as a standalone "Data Oracle." We can sell this verified data stream as a service to traditional I-REC registries, carbon auditors, or other blockchain projects (like Midnight or IOTA) that need trusted real-world inputs. The value lies in the Data Quality and the Hardware Trust, which exists regardless of the token protocol.
Please define the positive impact your project will have on the wider Cardano community
What is your capability to deliver your project with high levels of trust and accountability? How do you intend to validate if your approach is feasible?
Team Capabilities:
Feasibility Strategy:
Milestone Title
Hardware & Security Architecture
Milestone Outputs
Acceptance Criteria
Evidence of Completion
Delivery Month
2
Cost
35000
Progress
30 %
Milestone Title
Develop Industrial Firmware (Modbus & Signing)
Milestone Outputs
Acceptance Criteria
Evidence of Completion
Delivery Month
4
Cost
45000
Progress
60 %
Milestone Title
Develop Universal Verification Oracle
Milestone Outputs
Acceptance Criteria
Evidence of Completion
Delivery Month
5
Cost
35000
Progress
80 %
Milestone Title
Real-world Industrial Pilot & Open Specs
Milestone Outputs
Acceptance Criteria
Evidence of Completion
Delivery Month
6
Cost
20000
Progress
100 %
Please provide a cost breakdown of the proposed work and resources
Total Request: 135,000 ADA
Role: Senior Embedded Engineer (Rust) & IoT Architect.
Details: Development of the core IP: the secure Rust firmware. This involves complex low-level programming to interface with Modbus industrial protocols and integrating the HSM/TPM drivers. This line item also covers the purchase of development hardware (Multiple Industrial Gateways, various HSM chips) for the lab.
Rate Estimation: A blended rate for two specialists working over 4 months.
IoT Architect: 300 hours @ $45/hr (13,500 USD).
Senior Rust Dev: 480 hours @ $35/hr (16,800 USD).
Note: Rate converted to ADA at conservative estimate to buffer volatility.
Role: Senior Backend Developer.
Details: Building the scalable Ingestion Engine, the Verification Logic, and the critical "Universal Data API". This ensures the data is usable by anyone, maximizing the project's value. Includes cloud server costs (AWS/DigitalOcean) for hosting the Oracle during development and pilot.
Rate Estimation: 580 hours @ $35/hr (20,300 USD).
Details: All costs associated with the physical deployment and real-world testing.
Hardware Procurement for Pilot: 2x Industrial Gateways, HSMs, Industrial Enclosures, DIN Rails, Cabling (Est. 5,000 ADA).
Travel & Install Labor: 2 engineers on-site for 3 days for installation and commissioning (Travel + Per Diem + Labor) (Est. 7,000 ADA).
Connectivity: Industrial IoT 4G/5G Data Plans for 1 year (Est. 3,000 ADA).
Contingency: Buffer for site-specific electrical adaptations (Est. 5,250 ADA).
Rate Estimation: Based on current market prices for industrial hardware and standard travel/labor costs in the deployment region.
Details: Conducting internal security assessments (Vulnerability checks), writing technical documentation (Integration Guides), and overall project coordination/reporting.
Rate Estimation: ~150 hours @ $45/hr for a part-time Project Manager/Security Lead.
How does the cost of the project represent value for the Cardano ecosystem?
Cardano excels in software protocols but currently lacks trusted hardware integration. This project provides the Open Source Blueprint for Industrial DePIN. The firmware and architecture we develop can be forked and reused for other IoT verticals (e.g., Water Quality Monitoring, Weather Stations, Supply Chain Tracking), multiplying the ROI of this single grant.
By creating a "Universal Data API," we turn energy data into a valuable asset that exists independently of any single DApp. This "Data-as-a-Service" model opens up new revenue streams and use cases for the Cardano ecosystem (e.g., selling trusted data to AI models, Grid Operators, or traditional auditors), bringing external liquidity into the network.
We aren't building toys; we are building industrial tools. By using ruggedized hardware and Rust firmware, we create a solution that real-world energy companies can actually trust and deploy. This moves Cardano from an "experimental" blockchain to an "enterprise utility" capable of handling critical infrastructure data. The device's "2-in-1" value proposition (Free Monitoring + Token Mining) ensures commercial viability beyond the crypto niche.
I confirm that evidence of prior research, whitepaper, design, or proof-of-concept is provided.
Yes
I confirm that the proposal includes ecosystem research and uses the findings to either (a) justify its uniqueness over existing solutions or (b) demonstrate the value of its novel approach.
Yes
I confirm that the proposal demonstrates technical capability via verifiable in-house talent or a confirmed development partner (GitHub, LinkedIn, portfolio, etc.)
Yes
I confirm that the proposer and all team members are in good standing with prior Catalyst projects.
Yes
I confirm that the proposal clearly defines the problem and the value of the on-chain utility.
Yes
I confirm that the primary goal of the proposal is a working prototype deployed on at least a Cardano testnet.
Yes
I confirm that the proposal outlines a credible and clear technical plan and architecture.
Yes
I confirm that the budget and timeline (≤ 12 months) are realistic for the proposed work.
Yes
I confirm that the proposal includes a community engagement and feedback plan to amplify prototype adoption with the Cardano ecosystem.
Yes
I confirm that the budget is for future development only; excludes retroactive funding, incentives, giveaways, re-granting, or sub-treasuries.
Yes
I Agree
Yes
This project is driven by a leadership focused on hyper-scaling physical networks, backed by a specialized industrial engineering unit.
Role: Overall Project Management, Go-to-Market Strategy, and Network Operations.
Track Record: Co-founded and successfully scaled the Big Family Pharmacy franchise to over 1,000 stores nationwide in just 3 years.
Why this matters for DePIN: This achievement demonstrates an exceptional ability to build, operate, and expand complex, trust-based physical networks. Duc brings the "Zero-to-One" operational playbook required to deploy and manage thousands of IoT devices globally, moving beyond theory to real-world execution.
Social Facebook: https://www.facebook.com/LeDucOpus/
Telegram: @duclv_10m
Behind the leadership stands a senior engineering team bridging Operational Technology (OT) and Blockchain. Detailed profiles and portfolios are constantly updated at: https://docs.brec.io/meet-our-team
Lead IoT Architect: Embedded Systems Engineer with 10+ years in Industrial Automation (SCADA/PLC). Expert in implementing 'Root of Trust' on Industrial Gateways using TPM 2.0/HSM. Proven track record of deploying remote monitoring systems across Southeast Asia.
Senior Rust Developer: A specialist in embedded Rust, focusing on no_std environments and async runtimes. This expertise ensures firmware stability and memory safety—critical for remote devices that cannot be easily rebooted.
Backend Systems Architect: Senior Engineer experienced in building high-throughput ingestion pipelines (MQTT/Kafka) capable of handling concurrent data streams from thousands of IoT devices.
Why trust this structure?
DePIN projects often fail not because of code, but because of Logistics and Operations.
Duc Le provides the operational backbone: He knows how to manage supply chains, distribute hardware, and scale a physical network to 1,000+ nodes.
The Engineering Core provides the industrial-grade technology: Ensuring the hardware works reliably in harsh environments.