With more people getting rooftop solar panels, homes can send excess electricity to their utilities. In the future, people may be able to trade power not only with utilities, but also with each other using blockchain technology. Blockchain is the essential component of the Bitcoin crypto-currency, and nowadays its used to authenticate all kinds of asset trading. Energy experts now believe that blockchain networks could offer a way for households to leave the main grid and set up independent co-operative microgrids, where people trade power according to need. See here how blockchain technology will change the way we manage our energy for the better.
How blockchain technology will make energy systems benefit the consumer
More of Today's Solutions
Oldest living microbes discovered in 2-billion-year-old rock give a glimpse i...
BY THE OPTIMIST DAILY EDITORIAL TEAM A historic finding beneath South Africa's Bushveld Igneous Complex uncovered bacteria that have lived for two billion years, ...
Read MoreHow to cook your veggies to boost their anti-inflammatory powers
Every year the cold winter weather doesn’t only put frost on the grass, it also brings an increased chance of getting sick. And that’s ...
Read MoreThese four small habits reduce the risk of stroke
Our small daily actions all contribute to our long-term health, especially when it comes to strokes. 80 percent of strokes are preventable, so lifestyle ...
Read MoreNatural treatment prevents mosquitos from biting through human skin
Every year, mosquitoes are to blame for approximately 350 million human ailments, a number that is likely to rise as climate change increases the ...
Read More
