Cryptocurrency Payments for Electricity Bills: Looking Ahead

This week, the energy arm of ConsenSys spinoff Grid+ angled toward cryptocurrency payments for electricity in two of Texas’s largest electric delivery service areas. Zooming out, the modest step forward forebodes a future where second-layer blockchain scaling solutions and smart contracts may drive real-time payment settlements in energy markets and beyond.  […]

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Could Blockchain Upend A Century-Old Global Energy System?

The World Energy Council has produced its blockchain-focused World Energy Insights Brief 2018. After consulting with 39 global energy leaders and stakeholders, the report finds that blockchain is in its infancy, but it could have an immediate impact and holds the potential to “upend” the global energy system. The new […]

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Walmart Awarded Cryptocurrency-Powered Electrical Grid | BTCMANAGER

The U.S. Patent and Trademark Office (USPTO) awarded a patent to retail giant Walmart for the development of a cryptocurrency-powered electrical grid on June 14, 2018. Walmart’s Cryptocurrency Push The patent describes an electrical grid designed to help companies regulate electricity demand and manage consumption using publicly-accessible blockchain technology. Details […]

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