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How Technology Is Changing The Market For Energy Commodities

by posted 1year ago 920 views
<p>An experiment performed by a startup in Brooklyn, New York, in 2016&nbsp;<a href="" target="_blank">could be a harbinger</a>&nbsp;of the future of the energy industry.</p> <p>In the experiment, individuals were able to trade energy generated by solar panels between each other using the same blockchain technology that undergirds the bitcoin cryptocurrency. Though it was just a small test, the Brooklyn experiment showed blockchain technology is poised to become a major factor in the energy sector by shaking up the way commodities are traded.</p>