Welcome to The Energy Bit
Many believe that the blockchain technology with its remarkable, decentralized, yet trustable way of handling transactions without the need for a middleman will significantly benefit major industries from financing to real estate and even supply chain management.
We here at “The Energy Bit” believe that the potential of the blockchain technology with its benefits to peer-to-peer trading, security and smart contracts will especially revolutionize the renewable energy industry.
Applications made possible with blockchain tech span the entire electricity sector from local, retail and wholesale electricity markets to network support services with the idea to incentivize the uptake of renewable technologies and improve access to affordable, clean energy.
With a few successful blockchain pilot cases already, we welcome you aboard this mission to follow, educate and share our passion for the blockchain in the energy sector. Stay tuned!
-The Energy Bit team
Photo credit: Samir Luther/via Flickr