Aynsley Moore
Oct 06, 2021
2.4 Energy sector
Although the application of blockchain in energy technology is fewer compared with other fields, it is widely favored. The application of energy blockchain technology has been mature. In April 2016, an energy company in the United States, LO3 Company, cooperated with Siemens Digital Grid to establish a blockchain-based smart grid, Brooklyn Microgrid, which is the world’s earliest energy blockchain application; the European Union’s Scanergy project is based on Ethereum’s smart contract platform to enhance the trustworthiness of transactions and ensure transaction security; the German Share&''Charge project uses blockchain and its distributed ledger technology to achieve transaction transparency. Besides, there are other projects such as the Fremantle project in Australia, the Sun Exchange project in Africa, and the smart microgrid project in Israel.
Energy blockchain has broad prospects. It can not only promote the development of clean energy, but also improve energy efficiency and transaction efficiency, promoting the development of the energy Internet and bringing new dimensions to power transactions.
Evaluation of the Impact of Digital Assets on Financial Stability -Part 4
Issues like insufficient liquidity, concentration of ownership, and fragmented market structure make cryptoassets potentially vulnerable to price manipulation and other misconduct.
The Fed Is about to Reduce Bond, and Inflation Is Estimated to Reach 5% Next Year Again -Part 2
The Fed may begin to reduce monthly asset purchases as early as mid-November.
Stablecoins in Cryptoeconomics: From Initial Coin Issuance to Central Bank Legal Digital Currency -Part 9
In response to stablecoins, central banks begin issuing Central Bank Digital Currency (CBDC), which is an official and public “stable” cryptocurrency, fully backed by central bank reserves.
Bank2B- The "new logic" of corporate banking -Part 2
One of the problems for corporate banking is strategic swing, which results in a lack of long-term strategies and a stable core customer base.
Copyright © 2021.All rights Reserved.
Contact us at : [email protected]
