The best blockchain platforms for the energy sector
Check out our list of the top 5 blockchain-based platforms for the energy sector.
These platforms harness the power of web3 technologies to drive advancements in sustainable energy and change the way we produce, distribute, and consume energy resources.
IoT & Smart Grids
Drone Energy’s industrial smart grid technology, which matches high-density computing with producer supply and demand, makes energy grids more efficient.
They are developing a decentralized, on-demand energy supply architecture that enables sustainable blockchain energy management.
Real-time Data Management
FlexiDAO helps energy retailers build service-driven business models by providing them with enterprise-grade business applications using an open source blockchain built on Ethereum.
Energy production data collected from national data hubs is recorded, creating a digital unit of energy produced, which is allocated to consumption based on defined contractual agreements.
Environmental sustainability
Vespene Energy aims to convert landfill methane emissions into electricity for bitcoin mining. It captures methane and burns it to power microturbines, which in turn generate electricity.
Self-sustaining microgrids mitigate methane emissions and create financial value by combining clean energy generation with interruptible computing, without the need for grid connection or pipeline construction.
P2P Energy Trading/Renewable Energy
Powerledger is the developer of a range of world-leading blockchain energy applications, such as its P2P energy trading application.
While providing an immutable and verifiable audit trail, Powerledger’s blockchain technology facilitates secure transactions and reduces settlement risk.
Environmental sustainability
Greeneum incentivises customers to save energy and adopt greener lifestyles by issuing green certificates and carbon credits in the form of cryptocurrency for every watt-hour of renewable energy generated.
The Greeneum network is dedicated to accelerating the global transition to clean energy and sustainable technologies.
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