Australian shared solar power network will utilize blockchain
DOI: 10.1063/PT.5.0210044
New Scientist : A blockchain is a method of securing data by encrypting batches of transactions made within a system and linking them into a chain that is then stored on all the computers in a network. It is most commonly used for cryptocurrencies such as bitcoin. Now residents in a community in Australia will use a blockchain to share the electricity they generate from their home solar panels. In the initial test run, 20 households in the community will be equipped with a Raspberry Pi computer system to track their energy use. The system will record transactions as residents sell their extra electricity to each other, though no energy will actually be traded for the first two months. Assuming the test is successful, PowerLedger, the company behind the system, plans to deploy larger networks in Perth and Victoria next year.
