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# energy News

Marubeni Corporation, the fifth largest Japanese sogo shosha trading in a vast array of products and materials, has joined forces with LO3 Energy, a United States-based firm that claims to develop distributed ledger technology (DLT) powered energy solutions. The collaboration will launch a pilot project aimed at creating a commercially available...
January 10, 2019 by at Blockchain, Business, Finance, News
The United States Department of Energy has announced on January 7, 2018, that it has allocated $4.8 million dedicated specifically to research and development of four areas of which Cybersecure Sensors for Fossil Power Generation includes the application of blockchain.  DOE Plans to use Blockchain The funding aims to “develop the next...
December 2, 2018 by at Blockchain, Business, Mining, News, Tech
VAKT, a blockchain-based consortium formed by leading oil and energy sector companies announced the launch of its commodity post-trade management platform through a press release dated November 29, 2018. The launch entails the birth of the world’s first enterprise-grade DLT platform in the oil and energy industry. Improved Security and...
Paraguay’s hydroelectric powered-towns, long associated as dugouts for drug cartels, smuggling, and ammunition rackets, are now home to miners connected in a sophisticated network circuitry to mine cryptocurrencies for their owners. Giving Rise to Meaningful Industry In the city of Ciudad del Este, which is guarded by patrol teams by...
WePower (WPR), a blockchain-based green energy trading platform, has collaborated with Elering, Estonia's energy transmission firm, to tokenize a year's worth of the nation's grid data, in a first of its kind operation for the country's energy sector, according to a Green Tech Media report on October 29, 2018. WePower...
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