NEETS: Blockchain Technology in Energy

Blockchain is a distributed, digital transaction technology that allows for securely storing data and executing smart contracts in peer-to-peer networks. Blockchain has gained increasing attention outside the financial sector and several projects have been launched within the energy sector to help improve the distribution of data and information. As consumers of energy become prosumers actively involved in the production, distribution and consumption of energy. Research and innovation This webinar will pull together great insight on research and innovation on blockchain technology for the energy sector. Can Blockchain be an ingredient…

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The Blockchain: Enabling a Distributed and Connected Energy Future

Bitcoin’s underlying protocol, called “the blockchain”, is a distributed consensus-driven infrastructure enabling trust between connected assets. While currently considered only a financial tool, the blockchain’s actual capability is extremely broad. Just as advances in TCP/IP created vast opportunities for the internet, the blockchain is enabling us to rethink the basic infrastructure of how energy is distributed, accounted for and secured. **Bonus Demo:** Be sure to watch at the end of this talk, as a Bitcoin transfer from Cambridge in real time buys electricity for a small school in South Africa.

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