More transparency and competition through blockchain applied to renewable energy

29.Apr.2019Press release Infocoin

Many startups are using blockchain to promote renewable energy. James Ellsmoor (Forbes) explains that it allows consumers to control energy sources and have information for a knowingly use. This data promotes competition and sustainable energy, as demonstrated by Estonian blockchain-powered smart grid called WePower. Consumers helping pilot the program have bought into the grid and been given credits to spend on specific energy sources.