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Vizag Fintech Festival • October 22-26, 2018

The Vizag Fintech Festival 2018 is poised to be the nation’s largest Financial Technology event. The week-long event will take place from…

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Tag: renewable energy

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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Enel Set to Begin Sales of Green Energy to Cryptocurrency Miners

Category: Business, Commentary, Mining, News, Tech

Enel Set to Begin Sales of Green Energy to Cryptocurrency Miners

According to Renewable Energy World, Europe’s most prominent utility firm by market capitalization Enel is looking to strike a deal that will enable it to sell renewable energy like wind, solar and others to Envion AG, a Swiss-based cryptocurrency company. Win-Win Partnership Enel has always seen the European and Latin American markets as markets with the most potential and is…

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European Energy Operator, TenneT, To Use Blockchain For Electricity Security Of Supply

Category: Blockchain, News, Tech

European Energy Operator, TenneT, To Use Blockchain For Electricity Security Of Supply

Leading European Electricity Transmission System Operator (TSO) TenneT is spearheading a collaboration between key European energy service providers, Sonnen and Vandebron, powered by IBM’s Hyperledger Fabric-based blockchain to maintain the security of supply of energy for its consumers and prosumers. Netherlands-based TenneT is one of Europe’s leading energy service providers. It is tasked with keeping the Dutch energy grid in…

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