Decentralized Electricity Could be Blockchain’s Trojan Horse

A new spin-off from Blockchain technology experts at ConsenSys called Grid+ will decentralize wholesale electricity, while at the same time providing Blockchain access to a host of other household adoption points.

The tale of the Trojan Horse first told in Homer’s Odyssey, explains how the Greeks were able to defeat the armies of Troy through a simple trick. Having failed to conquer the walls of Troy through a 10-year siege, Odysseus decides to build a giant wooden horse as a tribute to the goddess Athena, fill it with soldiers in secret and pretend to leave. The Trojans think they have won the war and bring the horse inside, only to be defeated in the night by the hidden soldiers.

The story has come to represent anything that allows entry by strategy or cunning. Similarly, Blockchain has been waging war with mainstream adoption on the Internet of Things (IoT) for years. Use cases abound, but real adoption has remained low. Blockchain technology needs its own Trojan Horse, of sorts…

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