Published On: Wed, Jun 13th, 2018

New Blockchain-Based Renewable Energy Pilot to Power 500,000 Homes

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As the effects of climate change make their mark across the globe, people are more wary of their carbon footprints and are gradually switching to renewable energy.Swytch, a blockchain-based energy platform will work with Energy2market GmbH (e2m), a leader in aggregated energy trading, on a pilot program which will allow it to power homes in Germany with renewable energy while rewarding users with tokens.The large-scale pilot program aims to distribute roughly 3.5Gw of solar, wind, hydro and bio-gas energy capacity, which is enough to power over 500,000 homes.Based in Austin, Texas, Swytch combines smart meter and …

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