THE DAILY ROUNDUP – Saturday

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China’s Digital Fiat Wants to Compete With Bitcoin – But It’s Not a Crypto

China may be about to launch a fiat digital currency, but in all likelihood, it will only resemble a cryptocurrency on the surface. And it probably won’t use a blockchain. While inspired to some degree by bitcoin and the like, the effort is explicitly framed as a strategy to beat them back. The project was thrust into the spotlight last weekend when a senior official from the…


VW’s adorable buggy is part of an electric master plan

The Volkswagen ID. Buggy is cute, doorless (and roofless!), and gives off strong beach vibes. But the dune buggy-inspired concept car is more than its looks. It’s about the possibilities of an electric vehicle. See, it’s not just SUVs and sedans that can get the electric treatment. After making its debut earlier this year at the Geneva Motor Show, the ID. Buggy was just at…


Egyptian company to launch solar power plants in a few African countries

Arab Organization for Industrialization (AOI), an Egyptian state-owned company, will be launching solar power plants in Uganda, Congo, Tanzania, Eritrea, Somalia, and Southern Sudan, with capacities ranging from 2 to 4 MW. The company will be responsible for the design, financing, construction, and operation of the plants. The projects will…


Power Ledger completes blockchain-enabled P2P trial with KEPCO

Blockchain-enabled power trading company Power Ledger has completed a five-month trial with Japan’s utility, KEPCO of Peer-to-Peer (P2P) transaction for post-Feed in Tariff (FIT) surplus power in Osaka. The trial demonstrated P2P surplus power transaction to be completed autonomously including settlements with cryptocurrency regardless of fluctuations of PV…


Transportable, tradable ‘green’ hydrogen earmarked to replace oil

Clean hydrogen, which South Africa is ideally placed to produce because of its superior sunshine, prime wind, available land, and platinum abundance, is earmarked to one day replace oil in a world anxious to mitigate climate change, the planet’s most pressing current problem. New liquid organic hydrogen carrier (LOHC) technology has made it possible for hydrogen…


Clean Energy Produces Billions in Health Benefits, Study Finds

States that invest heavily in renewable energy will generate billions of dollars in health benefits in the next decade instead of spending billions to take care of people getting sick from air pollution caused by burning fossil fuels, according to a new study from MIT and reported on by The Verge. In fact, 10 states across the Midwest could see massive savings. Ohio stands…


How AI and robots will help safeguard our offshore energy infrastructure in the future

The modern world depends on the smooth provision of vital services such as energy, transportation, telecommunications, food, water, and healthcare. But the systems underpinning these sectors are increasingly complex and interdependent, interacting at a global scale – which makes them susceptible to potentially catastrophic failures when they come under…


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