Customers

About

Electricity

Legal

COzero News


Articles tagged 'blockchain'

Should We Use Blockchain to Incentivise Energy Efficiency?

Should We Use Blockchain to Incentivise Energy Efficiency?

The meteoric rise of Bitcoin, Ethereum, Dash and other cryptocurrencies this year has placed blockchain well and truly in the hype phase of the Gartner Hype Cycle. Should we jump on the bandwagon and issue our own token for energy efficiency? Whilst "NegaCoin" is an appealing idea, there are several major barriers - the oracle problem, lack of demand/liquidity, the power suck of current blockchain technology and the lack of skilled developers. For now, it's going to sit on our backlog but we'll be watching this space.
Continue reading