Two European energy providers tested a new blockchain-based trading platform earlier this month.
Italian gas and electricity firm Enel and Germany-based E.On conducted the trial using technology developed by IT firm Ponton, according to statements.
Like other trials of its kind that have taken place in recent months, the energy firms explored how peer-to-peer trading can facilitate direct sales of power. The idea is the technology could help reduce the costs associated with power distribution intermediaries and provide more transparency to the process…
Read Full: European Energy Firms Trial Blockchain Trading Marketplace