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Tag: Enerchain

European Utilities Look to Blockchain Technology to Stay Ahead of the Competition

Category: Blockchain, Business, News, Tech

European Utilities Look to Blockchain Technology to Stay Ahead of the Competition

European utilities will begin directly trading with one other using blockchain technology to stay ahead of emerging technology and stave off competition from agile startups and digital companies. According to Reuters, energy operators previously tested blockchain technology for wholesale trading. However, Enerchain, the peer-to-peer trading initiative will go live in the second or third quarter of 2018 with a small…

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