Global energy demand is at an all-time high, and aging power systems are constantly struggling to keep up with demand. We take a closer look at 4 blockchain projects looking to revolutionize the energy industry.
Global energy demand is at an all-time high, and aging power systems are constantly struggling to keep up with demand. Blackouts and power shortages have been a reoccurring in problem in many places in the world, and the situation is likely to get worse before it gets better.
Luckily, blockchain can help. This new technology looks to alleviate some of the stresses of today’s power grids with decentralized, autonomous and efficient systems which will make energy consumption in the future smarter and more cost-effective.
There are a number of different blockchain projects looking to combat the world’s energy problems. In this article, we take a closer look at 4 of them which show great promise.
Source/More: 4 Blockchain Projects Set to Revolutionize the Energy Industry – Invest in Blockchain