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Blockchain-Based Energy Trading Firm to Optimize Solar Energy Distribution in Austria

Blockchain-based energy trading firm Power Ledger will roll out its peer-to-peer (P2P) network in Graz, the second-largest city in Austria, according to an announcement on June 18.The Australia-based company has partnered with E-NEXT, an innovation arm of major Austria’s energy utility Energie Steiermark, to launch its blockchain-powered energy trading

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Top South Korean Utility to Co-Develop Blockchain System for Renewable Energy Certificates

South Korea’s largest power provider has signed a contract with two domestic power suppliers to establish a blockchain-powered system for transacting Renewable Energy Certificates (RECs). The news was reported by local energy news site Energy Daily on June 4.KEPCO — an acronym for the Korea Electric Power Corporation —

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Blockchain Firm Raises $6 Mln From Major Energy Companies, Saudi Aramco Subsidiary

American blockchain startup Data Gumbo Corp. has raised $6 million from major energy companies, including the venture wing of Saudi Arabian national petroleum and natural gas company Saudi Aramco. The news was published by energy-focused news outlet Worldoil on May 8.In a Series A equity funding round, Data Gumbo

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US Department of Energy Progresses With Blockchain Power Plant Security Research

A blockchain project sponsored by the United States government aiming to bolster power plant security has entered its second phase, participants confirmed in a press release on April 10.The project, principally a partnership between the U.S. Department of Energy’s (DOE) National Energy Technology Laboratory (NETL) and Colorado-based security firm

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Montana County Adopts Regulation Requiring Crypto Miners to Use Renewable Energy

The United States county of Missoula, in the state of Montana, has adopted regulation for cryptocurrency mining, local media outlet the Missoulian reports on April 5.Per the report, the Missoula County Board of Commissioners voted unanimously to impose new rules for local cryptocurrency mining operations. As Cointelegraph reported last month,

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Austria’s Largest Energy Provider Develops Blockchain Fridge With Bosch

Austria’s largest energy provider, Wien Energie, has developed a blockchain-driven fridge in partnership with tech giant Bosch, Cointelegraph’s correspondent reported from the ANON Blockchain Summit Austria.Wien Energie presented the new model during the crypto conference in Vienna on April 3. The official release claims that the decentralized technology is

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Start Up Energy Transition (SET) names Blockchain Company Insolar amongst Top 100 Tech Innovators

The Start Up Energy Transition (SET) recently named Insolar, a leading Blockchain company offering enterprise solutions, amongst the top 100 firms. SET is an international initiative which supports innovation in transitioning to greener energy, bringing together the most outstanding international start-ups in the field of energy with key stakeholders in

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