Gulf region’s Burgeoning renewable energy sector should leverage blockchain. This opinion was expressed by experts from the American consulting company Booz Allen Hamilton. According to the report, by 2030, the Gulf Cooperation Council (GCC) intends to install renewable energy sources with a capacity of 80 gigawatts (GW) in its six member states.
The country’s first blockchain invoice issuer, ETC’s application ETC assistant will soon launch on the Ayocar, to remotely recharge and invoice the ETC card through the Internet. The majority of users of the Internet of Vehicles can use the ETC to facilitate the recharge of the ETC, and realize the scene of the mobile Internet and the car networking blockchain.
Developers are motivated to build on the NEO platform because of the market-leading innovation that it offers.NEO uses the dBFT algorithm for consensus. dBFT allows for true (absolute) finality, unlike proof-of work (PoW) / proof-of-stake (PoS). Forking is a fatal flaw when using PoW/PoS … in what should be an immutable platform.
Blockchain in energy distribution?The feasibility of the VVPs promoting energy saving consensus network.One of Japan's biggest energy provider using blockchain technology for energy distribution. Lawrence Orsini, CEO of LO3 Energy, said that the necessity to reduce carbon emissions exerts a profound impact on energy providers all over the world, while using blockchain can enable micro energy transactions that are needed to meet this challenge.