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A solar energy trading trial run by blockchain startup Power Ledger has found the initiative to be “technically feasible” for real world use. The trial, which was partly funded by the Australia government, surveyed 48 households in Fremantle, Western Australia and found blockchain energy peer-to-peer energy (P2P) trading delivered lower costs
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The Offshore Operators Committee, a nonprofit organization focused on offshore energy, has found a blockchain management system reduces costs and time for transporting wastewater. The (OOC)’s Oil and Gas Blockchain Consortium has completed its first pilot of a produced water haulage management system using blockchain technology. The pilot, the first industry-wide
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With solar panels flooding power grids with more electricity than some utilities companies may know how to handle, telecom giant Vodafone and blockchain nonprofit Energy Web have devised a communications solution. This SIM-based identity system could turn grids’ increasingly distributed capacity into an information and control boon for the utility, said
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Global telecommunications giant Vodafone has partnered with blockchain startup Energy Web (EWT) to connect “billions'' of distributed energy generating assets via internet-of-things (IoT) and distributed ledger technology (DLT).Energy Web announced the partnership on May 26, revealing that the project will combine SIM-centric DLT with IoT connectivity provided by Vodafone Business
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Thailand is teaming up with a blockchain firm to encourage peer-to-peer trading of renewable energy. Announced on Monday, Thai Digital Energy Development (TDED) – a public-private joint venture – has inked a deal with blockchain energy startup Power Ledger to develop a blockchain-based digital energy business. The deal, also in collaboration
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CryptoX columnist Nic Carter is partner at Castle Island Ventures, a public blockchain-focused venture fund based in Cambridge, Mass. He is also the cofounder of Coin Metrics, a blockchain analytics startup.Much ink has been spilled on the question of Bitcoin’s energy footprint. But amid the clarifying details and the energy mix calculations we
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IBM has created a new blockchain consortium with three of Europe’s electricity grid operators to help smooth the transition to renewable sources of energy. It’s an important step in the direction of decentralizing and democratizing the way power is consumed, which is essential if nations are to reach 2050 carbon-reduction goals. The
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According to a new report released by Premium Market Insights (PMI), global investment in blockchain technology in energy markets is set to reach $34.7 billion by 2025. Valued at just $156.5 million in 2016, the sector is forecast to grow at a rate of 82% a year. Although $35 billion
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Blockchain-as-a-Service (BaaS) company BlockApps has partnered with software consulting firm Optimum to develop a blockchain solution for tracking energy usage.A founding member of the Enterprise Ethereum Alliance (EEA), BlockApps is the developer of a cloud-agnostic blockchain platform, STRATO, designed to serve as a flexible base layer for various business
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The most defining element of humanity is our ability to create. When this ability is fully channeled, all of our human experience is expressed as divine works that is greater than ourselves. Examples of this expression can be seen in the works of Beethoven, Picasso and Edgar Allen Poe. What
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