Category: Energy

Korea’s Largest Power Provider to Use Blockchain for Eco-Friendly Micro Grid

Korea’s largest power provider KEPCO says it will use blockchain and other innovative energy solutions to develop its next-generation micro…

Shell, BP Back Blockchain Platform to Modernize Commodities Trading

Oil industry giants Shell and BP are among a group of firms planning to launch a blockchain platform to automate…

Major Oil Firms, Banks Partner to Launch Blockchain Platform for Energy Commodity Trading

Major oil companies BP, Shell, and Equinor have united with large banks and trading houses to launch a blockchain-driven platform…

Canada’s DMG Blockchain Puts 85 Megawatt Crypto Mining Facility Into Operation

Canadian blockchain and cryptocurrency company DMG Blockchain Solutions Inc. has energized its new crypto mining facility, according to an announcement…

Study: Crypto Mining Consumes More Energy Than Mineral Mining

A recent study by scientific journal Nature Sustainability published Nov. 5, reveals that crypto mining consumes more energy than mineral…

Ethereum Energy Project Now Powers 700 Households in 10 Cities

A little-known ethereum project called Lition is quietly helping real German citizens find cheaper energy. Launched earlier this year, Lition…

Wider Bitcoin Adoption Could Push Global Warming Beyond 2 C Threshold, Report Says

A new report from climate change scientists has raised the alarm over Bitcoin (BTC)’s carbon footprint and its potential future…

Singapore Power Unveils Blockchain Market for Renewable Energy Trading

Singapore Power Group, the country's energy utilities provider, has launched a blockchain-powered marketplace for renewable energy certificates (RECs). The company…

Singapore: Major Utility Company Launches Blockchain-Based Solar Energy Marketplace

SP Group, a major corporation providing electricity and gas transmission in Singapore, has launched a blockchain-powered renewable energy certificate (REC)…

Use of Blockchain in Major Industries by Numbers: Retail, Manufacturing, Finance, and Others

Many startups, major conglomerates, supply chain operators, and distributors have attempted to integrate blockchain technology over the past two years,…

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