Can the blockchain steer the course of oil and gas usage?
Blockchain is emerging as a technology that demands attention within the oil and gas sector, presenting novel approaches to service contracts, review pricing, and support the entirety of the transaction life cycle. That’s according to analysts at GlobalData, which say the blockchain promises potential cost reductions and enhanced process efficiencies. Moreover, it argues the advantages […]
Ledger Origin to certify green energy on the blockchain
French blockchain security specialist Ledger has signed a partnership with Transatel to certify the authenticity and the origin of green energy. Energy plants (solar plants, wind farms, etc.) need to measure the amount of electricity created through smart meters. Ledger Origin connects its own attesting device to smart meters to certify the genuineness of the green energy origin. This amount is […]
US DOE backs blockchain energy management initiative
The US Department of Energy’s (DOE) Office of Science has awarded a $1.05 million grant to energy company ComEd, the University of Denver, Virginia Tech and software specialist BEM Controls to create an energy internet that will ‘enhance building energy management and benefits to occupants’. The award provides funding to commercialise a blockchain-based transactive energy […]