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Energy’s Trillion Settlement Crisis: Exclusive interview with Jack Samatov, Founder of Solarious

The renewable energy industry is a multi-trillion dollar market, but it still relies on outdated, manual processes. Tracking and trading clean energy relies heavily on Renewable Energy Certificates, which are often issued as PDFs, shared via email, and manually checked months later. This creates problems like inaccurate accounting, unclear origins, and even fraud, which hurts the environmental and social goals companies and governments are trying to achieve. While blockchain technology has been suggested as a solution – offering secure records, automated payments, and global access – no one has created a system specifically tailored to the unique needs of energy production and its regulations. Solarious aims to fill this critical gap.

Solarious links solar panels directly to a secure network, instantly turning electricity generated into verifiable digital proof – in less than four seconds. Its Solar Miner device tracks energy production in real-time and securely records the data, feeding it to a limited network of 200 nodes that guarantees immediate and certain validation. This is different from many blockchains which try to do everything and aren’t optimized for any single purpose. Solarious is specifically designed for the energy market, creating a secure, unchangeable record for every kilowatt of energy produced, linked to its source and time. This technology recently moved from concept to reality with the activation of its first Solar Miner, successfully demonstrating on-chain proof of energy generation. This offers immediate benefits for ESG investors, companies buying renewable energy, and energy producers, giving the energy industry a robust and scalable system for tracking and settling energy transactions – something that’s crucial as the world transitions to cleaner energy sources.

We spoke with Jack Samatov, the founder of Solarious, to learn more about this innovative energy blockchain technology. In this exclusive interview, he discusses the origins of Solarious, what makes it unique, its plans for reaching the market, and its future goals.

Every blockchain claims to solve a real problem. What problem does Solarious actually solve that nothing else can?

Solarious connects blockchain technology with real-world environmental benefits, specifically for renewable energy producers, regardless of their size. It’s built on a unique blockchain, powered by its Proof of Energy system, and is the first platform to seamlessly verify renewable energy production, secure it through validator agreement, turn it into digital tokens, and connect it with consumers. Current systems for tokenizing renewable energy certificates and carbon credits still depend too much on central authorities, manual checks, and trust outside of the blockchain.

Solarious has created a system that tracks renewable energy production as it happens, verifies the data using blockchain technology, and rewards those involved with digital currency. This system also allows for the creation of digital tokens representing renewable energy certificates and other environmental benefits, all within one connected platform.

Walk me through what happens from the moment a solar panel produces electricity to when $SOLAR gets minted.

Our SOLAR Miners are specialized devices that connect directly to solar panel inverters. They use built-in AI to constantly monitor solar energy production, tracking data like voltage, location, weather, current, and kilowatt-hours. This information is securely measured, packaged, encrypted, and digitally signed directly on the device’s hardware, so the encryption key remains protected and never leaves the miner.

After the energy proof is digitally signed, it’s sent to our network of 200 validators. These validators then use advanced cryptography to confirm the data and our unique Solarious Proof of Energy system to ensure its accuracy. Once confirmed, $SOLAR tokens are created and distributed to renewable energy producers based on how much energy they contribute. The validators who secure and verify the system also receive rewards, all delivered directly to their Solarious crypto wallets.

As a researcher, I’ve found that our system completes everything – from generating the initial energy to finalizing the transaction on the blockchain – all within a single block, and it takes around four seconds to do so.

Bitcoin burns energy to secure the network. Solarious records and verifies it instead. Why does that distinction matter?

Bitcoin uses a system called Proof of Work that requires a lot of computing power to keep the network secure and to limit the number of bitcoins available, effectively creating digital scarcity.

Solarious works differently than most systems. Rather than using up energy to maintain its network, it confirms actual renewable energy generation and turns it into digital economic activity using its unique Proof of Energy protocol. This is important because the system isn’t based on wasted computing power – it creates a financial reward for people and businesses to use, grow, and engage with renewable energy sources.

Bitcoin rewards people for contributing to its network by using electricity and limiting the total number of coins. Solarious, on the other hand, rewards participation by verifying the production of renewable energy.

The first Solar Miner went live this month. What did that moment mean for you personally?

It was an incredible moment after years of hard work. My team and I set everything up the night before, and I was so excited I could barely sleep. Seeing the sunlight actually create a valid proof on the blockchain was truly amazing.

That’s when our research moved beyond just ideas on paper. The underlying physics and encryption methods proved successful, and the network confirmed everything in just four seconds.

Everything after this is scale.

Who is your actual customer — an individual solar producer or an industrial energy company?

The system is designed to be fair to everyone, regardless of size. Whether you’re generating power from a rooftop in Lagos or a massive 500-megawatt farm, the rules are the same. The system focuses on *how much* renewable energy you produce, and payments are distributed based on each producer’s share of the total verified output. This is a significant change from traditional energy markets, where most of the financial benefits have always gone to the largest producers.

You have 200 validator nodes, hard capped. Everyone else has thousands. Why is that the right call?

Traditional financial systems require guaranteed transaction confirmation. When dealing with large sums of money, you need absolute certainty that a transaction is complete, not just a high probability of it. Our system, with its network of 200 geographically diverse nodes, achieves this with confirmed transactions in just four seconds, and remains secure even if a significant portion of the network fails. This level of reliability was a key design goal.

Renewable Energy Certificates today are traded manually for the most part, with no on-chain verification. How does Solarious change that?

Currently, Renewable Energy Certificates (RECs) are often simple PDF documents with identification numbers. A single number can sometimes be assigned to multiple PDFs, and this error isn’t discovered until months later during an audit. Solarious, however, creates each REC as a secure, digital proof linked to the exact device, location, and time it was generated. This REC is checked for validity *before* it’s issued, making it impossible to use the same REC twice. This dramatically improves how ESG funds and companies can prove their environmental compliance.

What does the energy market look like on-chain in 2030?

Solar energy is becoming easier to track, control, and invest in. By 2030, it’s not a matter of *if* energy transactions will be recorded on a blockchain, but *which* blockchain they’ll use. Every unit of energy produced will have a secure, verifiable history. Tracking carbon emissions will happen automatically, and energy trading will be nearly instantaneous. The companies that develop this technology now will likely dominate the future energy market.

Why build this now?

Infrastructure development consistently trails market demand by about ten years. For example, it took a decade for the internet to develop secure payment systems. We’re building Solarious now to support the current shift to clean energy – a reliable system for handling transactions needs to be in place *before* the market grows too large to adapt later.

Strategic Imperative: Position for the Solar Blockchain Shift

Solarious has moved beyond the testing phase and now has fully functioning hardware and a strong underlying system, ready to start generating revenue from renewable energy worldwide. This offers energy companies, ESG-focused investors, and those interested in blockchain technology the opportunity to earn verifiable $SOLAR rewards and gain a leading position in the market. We believe Solarious isn’t simply joining the energy blockchain space – it’s specifically designed to lead the way as this market naturally evolves and grows.

2026-05-26 14:47