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Australian Blockchain Startup Power Ledger Deploys Blockchain Grid to Audit Renewable Energy

Australian Blockchain Startup Power Ledger Deploys Blockchain Grid to Audit Renewable Energy

An Australian-based blockchain energy firm has bought a 250kW photovoltaic system, which will use the firm’s new energy data management and settlement system to offer greater transparency on renewable energy sold to consumers.

NY Legislators Push Energy Tax on Bitcoin Mining Operations

NY Legislators Push Energy Tax on Bitcoin Mining Operations

New York cryptocurrency miners may face an exodus as lawmakers propose aggressive legislation targeting their high electricity usage.

Ripple CEO Says Bitcoin PoW Energy Use Makes Square Target of Biden’s Climate Change Agenda

Ripple CEO Says Bitcoin PoW Energy Use Makes Square Target of Biden’s Climate Change Agenda

Ripple CEO thinks Bitcoin’s PoW energy consumption makes public companies who invested heavily in BTC, like Square, potential targets of Joe Biden’s climate change agenda.

Proof-of-Stake Founder Sunny King, on his Crypto Journey Inspired by Elon Musk and Steve Jobs

Proof-of-Stake Founder Sunny King, on his Crypto Journey Inspired by Elon Musk and Steve Jobs

In the recent conversation with CoinMarketCap, Proof-of-Stake Founder Sunny King revealed how his crypto journey is inspired by Steve Jobs and Elon Musk! He also debunked the myth that energy consumption contributes to the intrinsic value of cryptocurrencies.

Australian Companies Signed Deal to Develop Blockchain-Driven Virtual Power Plants

Australian Companies Signed Deal to Develop Blockchain-Driven Virtual Power Plants

Power Ledger, a Perth-based energy trading software company, and Powerclub, an Australian electricity wholesaler, have signed a deal to offer households unparalleled authority over their energy usage via a blockchain-based virtual power plant.

Global Energy Sector: Blockchain Application to hit $6.29 Billion by 2024

Global Energy Sector: Blockchain Application to hit $6.29 Billion by 2024

BIS Research has presented a new market intelligence report dubbed ‘Global Blockchain in Energy Market - Analysis and Forecast, 2018-2024.’ It reveals that blockchain application in the energy market was worth $518.6 million in 2018 and its value will reach $6.29 billion in 2024.

German Government to Revamp its Energy Sector with Blockchain-Based Strategy

German Government to Revamp its Energy Sector with Blockchain-Based Strategy

The German government intends to propel efficiency and productivity in its energy sector. As a result, it intends to use blockchain technology to attain this objective as stated by the country's Federal Minister of Economics, Peter Altmaier.

Spanish Renewable Energy Firm Partners with Climate Blockchain Initiatives to Boost Carbon Offset Sales on Blockchain

Spanish Renewable Energy Firm Partners with Climate Blockchain Initiatives to Boost Carbon Offset Sales on Blockchain

Acciona, a leading Spanish renewable energy company, has joined hands with Climate Blockchain Initiatives (CBI), a Valencia-based startup, to boost the sale of its carbon offsets using the latter’s blockchain-powered trading platform.

Ripple CTO: Why Ripple Ledger's Consensus Algorithm is More Reliable and Energy Efficient than PoW

Ripple CTO: Why Ripple Ledger's Consensus Algorithm is More Reliable and Energy Efficient than PoW

Ripple CTO David Schwartz talks about reasons why Ripple Ledger (XRPL)'s consensus is more reliable and energy-efficient than Proof of Work (PoW) Consensus.

China's Inner Mongolia to Shut Down Bitcoin Mining Operations Due to Energy Efficiency Concerns

China's Inner Mongolia to Shut Down Bitcoin Mining Operations Due to Energy Efficiency Concerns

A major Bitcoin mining hub in China, Inner Mongolia will be shutting down its extensive mining operations by April of this year.

Power Ledger Partners with Power Club To Roll Out Blockchain Plants in South Australia

Power Ledger Partners with Power Club To Roll Out Blockchain Plants in South Australia

Powerledger enters into a partnership with Powerclub, an Australian electricity wholesaler for better energy usage, allowing the integration of power club's blockchain ledger application.

Blockchain Delivers a Glimpse of Future Innovation Today

Blockchain Delivers a Glimpse of Future Innovation Today

A brief look at how the energy market and consumers will benefit from blockchain technology in the near future.

Ford Test Drives the Use of Blockchain Technology for Energy Efficient Vehicles

Ford Test Drives the Use of Blockchain Technology for Energy Efficient Vehicles

Blockchain technology is currently been utilized by such tech-based companies like Samsung, Facebook, IBM and so on as listed on hackernoon.com, these companies utilize different blockchain platforms but all to further solidify the position of blockchain technology in the tech world.

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