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Analysis

Blockchain: a natural partner for 21st century power grids

Blockchain technology – a distributed transaction database that maintains continuous records in the form of time-stamped and modification-resistant blocks – is emerging as a key enabler for the current wave of energy innovation. From underpinning a small community energy scheme in Brooklyn to facilitating a trial of utility-scale energy trading in Austria, how is blockchain supporting the roll-out of advanced energy technologies?

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