The blockchain projects making renewable energy a reality By Cointelegraph

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The blockchain projects making renewable energy a reality

Much has been said about Bitcoins carbon emissions. Far less has been said about the potential of blockchain to increase the efficiency of renewables by transparently managing supply and demand. Blockchain doesnt pose a threat to the planet its going to play an essential role in helping to bring about a net-zero carbon emission economy.

It is a few years in the future: You are sitting on your sofa, having a nice coffee after loading the washing machine. Youve switched it on but, of course, the Internet of Things-enabled machine checks prices and will run when it hits a cheap electricity window. The Tesla (NASDAQ:) outside in the drive is fully charged, you dont have any plans to go any further than the supermarket today, so the battery is available to sell its energy back to the grid and deposit tokens in your energy wallet if the electricity grid requires power.

Blockchain is an essential part of turning the power grid green.

Well, DER

A solar panel microgrid on a building in South Africa. Source: The Sun Exchange

Distro Port of Rotterdam

The Port of Rotterdam. Supplied.

Ledger of Power

Justin Sun not involved

MyCarbon Phone App. Source: ECO2 Ledger
EZ Blockchains mobile bitcoin mining center in operation at a power plant. Source: EZ Blockchain

A flare for flares

Putting the pieces together

Continue Reading on Coin Telegraph

Disclaimer: Fusion Media would like to remind you that the data contained in this website is not necessarily real-time nor accurate. All CFDs (stocks, indexes, futures) and Forex prices are not provided by exchanges but rather by market makers, and so prices may not be accurate and may differ from the actual market price, meaning prices are indicative and not appropriate for trading purposes. Therefore Fusion Media doesn`t bear any responsibility for any trading losses you might incur as a result of using this data.

Fusion Media or anyone involved with Fusion Media will not accept any liability for loss or damage as a result of reliance on the information including data, quotes, charts and buy/sell signals contained within this website. Please be fully informed regarding the risks and costs associated with trading the financial markets, it is one of the riskiest investment forms possible.

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The blockchain projects making renewable energy a reality

Much has been said about Bitcoins carbon emissions. Far less has been said about the potential of blockchain to increase the efficiency of renewables by transparently managing supply and demand. Blockchain doesnt pose a threat to the planet its going to play an essential role in helping to bring about a net-zero carbon emission economy.

It is a few years in the future: You are sitting on your sofa, having a nice coffee after loading the washing machine. Youve switched it on but, of course, the Internet of Things-enabled machine checks prices and will run when it hits a cheap electricity window. The Tesla (NASDAQ:) outside in the drive is fully charged, you dont have any plans to go any further than the supermarket today, so the battery is available to sell its energy back to the grid and deposit tokens in your energy wallet if the electricity grid requires power.

Blockchain is an essential part of turning the power grid green.

Well, DER

A solar panel microgrid on a building in South Africa. Source: The Sun Exchange

Distro Port of Rotterdam

The Port of Rotterdam. Supplied.

Ledger of Power

Justin Sun not involved

MyCarbon Phone App. Source: ECO2 Ledger
EZ Blockchains mobile bitcoin mining center in operation at a power plant. Source: EZ Blockchain

A flare for flares

Putting the pieces together

Continue Reading on Coin Telegraph

Disclaimer: Fusion Media would like to remind you that the data contained in this website is not necessarily real-time nor accurate. All CFDs (stocks, indexes, futures) and Forex prices are not provided by exchanges but rather by market makers, and so prices may not be accurate and may differ from the actual market price, meaning prices are indicative and not appropriate for trading purposes. Therefore Fusion Media doesn`t bear any responsibility for any trading losses you might incur as a result of using this data.

Fusion Media or anyone involved with Fusion Media will not accept any liability for loss or damage as a result of reliance on the information including data, quotes, charts and buy/sell signals contained within this website. Please be fully informed regarding the risks and costs associated with trading the financial markets, it is one of the riskiest investment forms possible.

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