CleanTechnica would like to engage the brain trust of our readership to get your opinion on blockchain and cryptocurrencies. For those of you who have not been following along with our Cleantech Blockchain series, or those of you who have been considering upgrading your Nokia cell phone to a Motorola flip phone, here’s the difference:
WePower is building a blockchain platform to allow renewable projects to get funding. As part of an ongoing series on blockchain for clean technology, five questions were put to them.
Saudi Arabia-based ACWA Power has become the first large-scale utility in the world to adopt the blockchain currency SolarCoin.
It’s safe to say that cleantech is going to involve blockchain and similar distributed ledger approaches. And it’s also safe to say that each of the technologies and approaches represented here have better and worse uses. If someone tells you that the answer is only one of these, then you can be pretty sure that they are enthusiasts, not architects.
To avoid regulatory and tax burdens, many ICOs choose their country as carefully as they choose their blockchain base. Given that cryptocurrencies are inherently without country and every regulatory experience is new, this is more reasonable than with IPOs, where both currency and IPO experience in a specific country matter more.
From buying and selling electricity to raising capital for new ventures to securing the grid and valuing decarbonization directly, innumerable innovators from tiny startups to the largest technology firms and governments in the world are exploring how blockchain technologies can transform.
As these 3 articles show, blockchain-enabled smart contracts aren’t a home run in the utilities sector. There are many cases where the advantages are strongly one-sided. But that doesn’t mean that they have no value or that value won’t emerge.
9 factors will help us determine where smart contracts based on blockchain will shine. There are many cases where the advantages are strongly one-sided. But that doesn’t mean that they have no value or that value won’t emerge.
Blockchain-enabled smart contracts aren’t a home run in the utilities sector. There are many cases where the advantages are strongly one-sided. But that doesn’t mean that they have no value or that value won’t emerge.
Bitcoin fans will have to try harder if they’re serious about a renewable energy solution for the cryptocurrency power problem.
