24 Sep 2021
Transport, Energy & Climate
Blockchain can play a key role to speed up the integration and decarbonisation of energy markets.This is why IBM built a blockchain-based ‘Crowd Balancing Platform’ for electricity grid balancing with Equigy, a new joint venture by four major European electricity grid operators. It allows these operators to register, track and validate in a secure and immutable way, tens of thousands of small, consumer-produced energy transactions, using data from IoT devices, such as smart meters or charging points.
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