Blockchain has the potential to spur sustainable development through increased efficiency and reduced environmental impacts. Peter Bahorecz, chief networking officer at SunMoney Solar Group discusses the benefits of blockchain in an article on the Gulf Business website. Top 5 benefits of investing in blockchain-based solar energy programmes Blockchain-based solar energy investments have the unique … Continue reading With blockchain-backed solar projects leading the way towards a greener future, many are looking to blockchain as a viable option for their investments
Category: blockchain
The fundamentals of distributed ledger technology to verify clean energy production are hugely significant
As accounting for energy use becomes increasingly sophisticated, there are directions in which this metric is evolving, including adopting blockchain. Gian Autenrieth, Co-Lead of D-REC Initiative, writes about renewable energy certificates and blockchain in an article on the Sustainability website. Renewable energy certificates, the blockchain and the future What is a renewable energy certificate … Continue reading The fundamentals of distributed ledger technology to verify clean energy production are hugely significant
A blockchain-based ‘smart charging solution’ enables EV owners to match their charging requirements with selected renewable options
Jonathan Spencer Jones writes on the Smart Energy International website about a new solution using blockchain to match local renewables to EV charging. VW and Energy Web develop 24/7 renewable energy charging blockchain solution for EVs Energy Web and Volkswagen have partnered on a solution to match local renewables to electric vehicle (EV) charging. … Continue reading A blockchain-based ‘smart charging solution’ enables EV owners to match their charging requirements with selected renewable options
Efforts to improve Bitcoin’s sustainability
The process of creating Bitcoin consumes large amounts of electricity. Bitcoin operates on the blockchain, a digital ledger of transactions. A new Bitcoin Mining Council has been created to improve sustainability, largely through the use of renewable energy. Rory Cellan-Jones discusses latest developments in an article on the BBC News website. Bitcoin Mining Council … Continue reading Efforts to improve Bitcoin’s sustainability
Bitcoin and other digital currencies come with astonishing environmental costs
The company’s stock market arrival establishes Bitcoin and other digital currencies in the traditional financial landscape. It also elevates a technology with astonishing environmental costs. Hiroko Tabuchi discusses the energy implications in an article on the New York Times website. In Coinbase’s Rise, a Reminder: Cryptocurrencies Use Lots of Energy The stock market debut … Continue reading Bitcoin and other digital currencies come with astonishing environmental costs
Apple’s co-founder Steve Wozniak backing blockchain-based cryptocurrency to promote energy efficiency
Apple’s co-founder Steve Wozniak is backing a new cryptocurrency. Through his new company WOZX, clients buy a proxy for a stake in an energy efficiency project: typically upgrades to infrastructure, from LED lights and window glazing to thicker insulation and more efficient power generators. Michael J. Coren discusses latest developments on the Quartz website. … Continue reading Apple’s co-founder Steve Wozniak backing blockchain-based cryptocurrency to promote energy efficiency
Germany’s energy transition: the role of blockchain in promoting renewable energy technologies
Joao Francisco writes on the Business Blockchain HQ website about how several German companies are using blockchain to help deploy renewable energy in the energy transition to a low-carbon economy. Blockchain Plays Leading Role in Germany’s Renewable Energy Evolution Germany’s renewable energy push is taking shape as the country abandons coal and nuclear-based energy … Continue reading Germany’s energy transition: the role of blockchain in promoting renewable energy technologies
Solving the energy consumption and scaling problems will be crucial if Bitcoin, or any other cryptocurrency, is ever to fulfil its dream of replacing existing payment method
“The energy consumption required to continue this speculative bubble is tremendous. Maintaining the Bitcoin network currently consumes more electricity than entire nations like Switzerland …” writes Thomas Hornigold on the singularityhub website about the cryptocurrency Bitcoin. He goes on to discuss the energy issues and the options that are becoming available. He concludes: “We can’t … Continue reading Solving the energy consumption and scaling problems will be crucial if Bitcoin, or any other cryptocurrency, is ever to fulfil its dream of replacing existing payment method
One of Apple’s co-founders carrying out an initiative that will be incorporating blockchain to improve energy efficiency
Apple’s co-founder Steve Wozniak has carried out an initiative that will be incorporating blockchain to bring more efficiency in the field of energy through a company in Malta. Ravi Rd explains in an article on the AllStocks website. Apple Co-Founder Steve Wozniak Builds a Blockchain Energy-Efficiency Company in Malta Apple’s co-founder Steve Wozniak has … Continue reading One of Apple’s co-founders carrying out an initiative that will be incorporating blockchain to improve energy efficiency
The association between blockchains and energy
While the jury is still out, many are appreciating the role that blockchains can play in the energy sector. Simon Chandler explains in an article on the Coin Telegraph website. Blockchain Tech and the Energy Industry: More Decentralization and Greater Efficiency The association between blockchains and energy is usually a negative one. “The Bitcoin blockchain … Continue reading The association between blockchains and energy
Energy in Demand - Sustainable Energy - Rod Janssen 