Blockchain has been touted as the next big technological advance – impacting everything from online transactions to e-government. But what does it mean for renewable energy?

Essentially an online register that securely stores information, blockchain serves as a repertoire of knowledge accessible to everyone. Rather than being controlled by one entity, blockchain is spread across multiple computers and uses a form of data logging to ensure that the information cannot be changed or corrupted by anyone else.

Blockchain Is The Next Big Thing for Renewable Energy | Devamı>>>

Power Ledger, a global leader in decentralized, energy trading platforms, announced today a partnership to drive renewable energy trading in Japan alongside Sharing Energy Co., Ltd., a leading provider in the installation and provision of solar energy. Initially, Power Ledger’s blockchain-powered platform will allow Sharing Energy to track renewable energy consumption from 100 pre-identified Sharing customers across Kansai, Chubu and Kyushu regions.

The project is expected to grow from 100 rooftops to over 55,000 rooftops by the end of 2020, with plans to sell to consumers via interested third parties or following Sharing’s procurement of a retail license.

Power Ledger and Sharing Energy Announce Scalable Partnership to Evolve Renewable Energy | Devamı>>>