Blockchain: Green building blocks

FREE: How soon will #blockchain be adopted across the #energy sector?  #OOTT

  • Two years ago, we decided to open a new company, Grid Singularity, with the purpose of further developing the blockchain technology suitable for energy markets.
  • A. Bitcoin, which is a currency, was the first use of blockchain technology and is the most well-known.
  • Blockchain technology reduces transaction costs by keeping a single logical copy of transaction records.
  • It is a non-profit organisation whose mission is to accelerate the commercial deployment of blockchain technology in the energy sector and fund the development of core technology.
  • The internet is only a copy of existing business models, but blockchain means you can exchange information or contracts peer-to-peer, it’s a direct challenge to companies like Google.

A. I was a mechanical engineer, and worked for the energy group ABB in Austria for six years. I first dived into blockchain five years ago, working with bitcoin mining, and then I supported the development of Ethereum which received $18m in crowdfunding and then took one and a half years to build. It is still so far the most advanced blockchain platform. Two years ago, we decided to open a new company, Grid Singularity, with the purpose of further developing the blockchain technology suitable for energy markets.
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Britain could join USA, Canada and Mexico in new free trade area after Brexit

  • N afta looks set to be reformed or scrapped after Mr Trump repeatedly attacked it during the US presidential campaign.
  • Thirty-four US states are said to rely on trade with Canada, which supports nine million American jobs, while exports to the United States represents 20 per cent of Canada’s GDP.
  • During the campaign Mr Trump was passionate talking about how he would renegotiate Nafta, and rip it up and “walk away” if he couldn’t get a successful renegotiation.
  • Britain could join USA, Canada and Mexico in new free trade area after Brexit
  • Its supporters argue that a new Nafta including the UK is possible once Britain has freed itself from its obligations to the EU.

Britain could become an “
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