Blockchain’s role in the energy economy goes far beyond cryptocurrencies and peer-to-peer rooftop solar trading via social networks. The ability to “tokenize” data in a radically decentralized and transparent way among thousands, or even millions, of participating actors is a breakthrough technology with applications across the energy ecosystem. New examples emerge every week.
In the past seven days alone, we’ve seen at least four major blockchain projects announced, each taking on a different energy market and/or financing challenge. We’ve already covered WePower’s project with Estonia to tokenize a year’s worth of the country’s power grid data. Here are details on three more we’re tracking.