How technology is changing the market for energy commodities

An experiment performed by a startup in Brooklyn, New York, in 2016 could be a harbinger of the future of the energy industry.

In the experiment, individuals were able to trade energy generated by solar panels between each other using the same blockchain technology that undergirds the bitcoin cryptocurrency. Though it was just a small test, the Brooklyn experiment showed blockchain technology is poised to become a major factor in the energy sector by shaking up the way commodities are traded.

“When…

How technology is changing the market for energy commodities syndicated post

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