Blockchain technology has the potential to revolutionise the energy industry by enabling secure and transparent transactions, improving grid management, and enhancing renewable energy distribution.
The energy industry is currently undergoing a transition from a centralised model to a more decentralised one. Blockchain technology can help facilitate this transition by providing a decentralised ledger that records and verifies all energy transactions in real-time, shared across a network of computers. This technology can also automate energy transactions through smart contracts, making it easier to engage in a transactive energy system.
Blockchain can also help facilitate communication between distributed energy resources like solar panels, […]
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