Published On: Mon, May 22nd, 2017

Blockchain Technology Fuels Global Advancements in the Energy Sector

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As moonshot projects in the distributed world abound, it’s not surprising to see the energy sector jumping into the fray. This comes as the heavily regulated power industry eyeballs new approaches for allowing consumers to generate and sell electricity in various locales worldwide.It’s here that blockchain technology is increasingly being seen as a potential, low-cost means for delivering energy transactions across a distributed network without need for a centralized authority. In fact, some surmise that blockchains may one day eliminate the need for intermediaries altogether, thereby allowing a more free market approach to energy distribution. …

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