AUTOMATED NEWS ALERT
Oil Giant Shell Invests in Startup That Uses Blockchain …
Basically, the energy incumbents are looking to build a marketplace (energy Uber) for local parties, as private or businesses, to sell the energy on the grid and blockchain technology allows them to do just that. The big energy companies know best that the marketplaces are the long term successful bet for the ‘democratic energy consumption’ and they want to own the ‘pie’.
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