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Blockchain projects make renewable energy a reality According to Cointelegraph


Blockchain projects make renewable energy a reality

Much has been said about Bitcoin’s carbon footprint. Not much has been said about blockchain’s potential to increase the efficiency of renewable energy by transparently managing supply and demand. Blockchain poses no threat to the planet but will play an essential role in helping to bring about a net zero carbon economy.

It’s a few years in the future: You’re sitting on your sofa, enjoying a nice cup of coffee after putting it in the washing machine. You have it turned on but of course the Internet of Things-enabled machine will check the price and will run when it hits the cheap electric window. Tesla (NASDAQ:) outside of the drive is fully charged, you don’t have any plans to go further than the supermarket today, so the battery is available to sell its power back to the grid and send tokens Notify your energy wallet if the grid needs power.

Blockchain is an essential part of turning the grid green.

Well, DER

A microgrid solar panel on a building in South Africa. Source: The Sun Exchange

Rotterdam’s Distro Port

Port of Rotterdam. Provided.

Ledger of power

Justin Sun did not participate

MyCarbon mobile app. Source: ECO2 Ledger
EZ Blockchains mobile bitcoin mining center in operation at a power plant. Source: EZ Blockchain

Flare flares

Stick the pieces together

Continue reading on Coin Telegraph

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