Energy Industry getting Decentralized and Efficient through Blockchain Technology

2019-1-31 11:00

If we somehow happened to look past Bitcoin, it ends up evident that blockchains by and large are in effect progressively put to great use by the energy business. From their utilization in energy trades to their joining in microgrids, dispersed records are making conceivable a scope of new exchanges and frameworks.

By empowering smaller

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Abu Dhabi National Oil Firm Adopts IBM’s Blockchain Solution

The Abu Dhabi National Oil Company (ADNOC), a leading diversified energy and petrochemicals group that claims to produce roughly 3 million barrels of oil and 10. 5 cubic feet of natural gas daily, has joined forces with IBM  to enable it integrate distributed ledger technology (DLT) into its operations and reduce risks while fostering transparency and efficiency, according to a press.

2018-12-11 00:00


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2018-11-12 08:03


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Xprize winning air-water conversion device leaves us thirsty for more

On October 22, the Skysource/Skywater alliance won the ‘Water Abundance Xprize’ and a reward of $1. 5 million for its device that could extract water from atmospheric moisture. While some news reports claimed that the device could solve the world’s water crisis, hydrologists and water conservationists caution that this isn’t a silver bullet solution.

2018-11-5 19:58


VeChainThor Partners with Chinese Gas Companies to Establish Blockchain-Based Natural Gas Solution

An exciting announcement was made at this year’s China International Gas & Heating Technology and Equipment Exhibition. In an attempt to reduce carbon emissions and increase the adoption of clean energy, two leading Chinese gas and energy companies have revealed a new collaboration with the VeChainThor blockchain project.

2018-11-3 18:43


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NV Energy Partners With Blockchains, LLC to Collaborate on New DLT Energy Projects

NV Energy and Blockchains, LLC are now partnering to work on projects that will envision a brighter future for the energy industry using blockchain technology. The chief executives of both companies signed a Memorandum of Understanding (MoU) that underpins their commitment to collaborate on piloting these blockchain-based concepts that help customers regain control over energy creation, […] NV Energy Partners With Blockchains, LLC to Collaborate on New DLT Energy Projects was originally found on [blokt] - Blockchain, Bitcoin & Cryptocurrency News.

2018-11-2 04:19


Can The Collective Sum of Blockchain Benefits Really Help Reduce Financial Corruption?

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2018-10-31 03:45