Blockchain to Track Solar Power Production, Ethereum to Utilise The Data
A host of companies, nonprofits and consortiums gathered in London to discuss how the blockchain could be used to track solar power production across the globe, while Ethereum smart contracts could utilise the data. Democratization of energy. The ‘Chain-of-things IoT, Blockchain and Security Conference’, that took place in London on 1st June, saw the presentation of a full stack data-logger, that connects multiple blockchains to the digital output of solar energy plants. “We think we are onto something here; by connecting a data-logger that grabs solar energy output in near-real time and....
Related News
SolarCoin Foundation (SCF) seeks to make its global Cryptocurrency program that rewards owners of solar power systems the first Blockchain currency wallet in space. It will purchase orbital storage capacity on SpaceBelt storage to provide its customers with an inviolable record of their transactions. Blockchain is already being used to track solar power production across the globe. The satellite network, designed to provide secure storage and transport of sensitive data, is a way to securely store SolarCoin, says Nick Gogerty, SCF founder. Cold storage 40 years plan. In a statement to....
The blockchain presents the opportunity of becoming a ‘potentially significant enabler’ for U.K. solar, according to SolarCoin co-founder Francois Sonnet. Speaking ahead of his panel on the future of solar technology at the Managing European Solar Assets event next month in London, he said that Bitcoin’s distributed ledger technology could be utilized across a number of different areas in the U.K. such as operation and management (O&M) and peer-to-peer energy trading, according to a report from Solar Power Portal. He said that the blockchain can help calculate any form of data, which....
Bitcoin, blockchain technology and the Internet of Things are dramatically disrupting every industry sector. They’re especially disrupting the energy and utility sector, including the solar energy trading market. Coincidentally, solar energy prices continue to decline, bringing spectacular new business opportunities while protecting the environment.....
A suburb in Fremantle, Western Australia will see its apartment owners to be among the first in the country to trade solar power over a blockchain. Solar-powered one-bedroom apartments developed by Landcorp, the development arm of the government of Western Australia are reportedly expected to be snapped up by predominantly young dwellers. These apartment-owners will soon be able to trade their any surplus solar energy over a blockchain developed by Power Ledger, a Perth startup that aims to enable owners of solar panels to sell excess energy. This beats the conventional model of selling....
Victoria Bitter has partnered with blockchain energy trading platform Power Ledger to allow customers to earn beer with surplus solar energy. Asahi’s Australian lager beer subsidiary Victoria Bitter has taken a step toward sustainability by allowing customers to earn a pint with solar energy via blockchain.According to a Wednesday announcement, Victoria Bitter has partnered with major blockchain energy firm Power Ledger to unlock a new program allowing participants to exchange excess solar energy for slabs of beer.“The only thing better than drinking the Big Cold Beer in the Aussie sun is....