27 Sep '17, 3pm

Blockchain Token to Share Renewable Energy Unveiled

Blockchain Token to Share Renewable Energy Unveiled

A new blockchain-based energy-sharing token has been launched in The Netherlands. Named the ‘Jouliette’, the new token aims to empower individuals and communities to easily manage and share locally produced renewable energy. It has been developed by Amsterdam-headquartered smart energy company Spectral and Dutch distribution system operator Alliander. The Jouliette — named after the Joule unit of measurement for energy — is the first such initiative of its kind in the Netherlands. The project aims to become an example of how to harness the capabilities of blockchain technology to create greater social value and to support a bottom-up transition towards a more distributed, robust, and transparent economy, underpinned by 100 percent renewable energy. The Jouliette has been launched at De Ceuvel, an experimental innovation community in Amsterdam powered by renewables. With th...

Full article: http://www.renewableenergyworld.com/articles/2017/09/bloc...

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