Mrinmoy Aich, an AI and Blockchain strategist, presented his research paper, “Leveraging Blockchain Technology to Combat Electricity Theft: A Decentralized and Secure Approach,” at the second International Conference on Sustainable Business Practices and Innovative Models (ICSBPIM-2025), hosted by Christ University NCR. The paper was recognized as an “excellent and much-needed contribution” to global sustainability goals. Electricity theft poses a significant problem in developing regions, causing billions in losses and affecting national grids and public safety. Aich’s research addresses this issue by integrating Blockchain, Artificial Intelligence, and Internet of Things (IoT) to establish a secure and transparent energy ecosystem.

Aich’s model introduces blockchain-enabled smart meter networks that autonomously monitor energy flow, detect real-time anomalies, and validate transactions using hybrid consensus mechanisms like Proof of Stake (PoS) and Proof of Authority (PoA). This system reduces the need for manual inspections, accelerates responses to fraud, and ensures immutable audit trails. The research highlights its relevance to third-world economies, where energy theft can account for up to 30% of power losses. By detecting consumption fraud using machine learning and preventing incidents through decentralized trust, the model offers power utilities in countries like India, Brazil, Pakistan, and Nigeria a scalable approach to financial recovery and infrastructure stabilization.

The paper also examines the social and economic implications, emphasizing that transparent systems can rebuild public trust, encourage policy compliance, and create safer living conditions through improved grid management. Mrinmoy Aich, an Austin-based tech leader with over two decades of experience across the United States, India, and Southeast Asia, has built enterprise-grade solutions in the utility, logistics, and AI sectors. As a Senior Member of IEEE and an affiliate of ACM and BCS, Aich combines technological expertise with ethical foresight. His involvement in AI policy and governance, particularly regarding responsible AI deployment and decentralized infrastructure, highlights his role as a thought leader in global digital transformation.

Aich’s presence at ICSBPIM-2025 symbolized the growing collaboration between India and the USA in developing secure, ethical, and sustainable AI frameworks. Aich stated that technology should benefit people and that combining decentralization with intelligent automation can address fundamental problems in energy, transportation, and public governance, especially in countries with developing infrastructure. His work with Autonomous RPA Bots, API-driven multi-cloud orchestration, and AI-Augmented Utility Platforms is expected to contribute to national priorities and global climate goals.