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Learning & News => News related to Crypto => Topic started by: newshunter on October 07, 2020, 01:00:37 PM

Title: Port of Rotterdam testing blockchain and AI for renewables trading
Post by: newshunter on October 07, 2020, 01:00:37 PM
Port of Rotterdam testing blockchain and AI for renewables trading

The Port of Rotterdam's Innovation Dock has been testing a high-frequency decentralized energy market for renewables since August.


Source: Port of Rotterdam testing blockchain and AI for renewables trading (https://cointelegraph.com/news/port-of-rotterdam-testing-blockchain-and-ai-for-renewables-trading)

Would appreciate your opinion about this
Title: Re: Port of Rotterdam testing blockchain and AI for renewables trading
Post by: cryptopediabd on October 13, 2020, 05:08:02 PM
Distro uses blockchain technology, smart contracts and artificial intelligence to support the decentralized, high-frequency trading of renewable energy by commercial consumers looking to optimize and manage their energy use. It matches demand with the intermittent power generated from different sources, specifically solar and battery storage.
Title: Re: Port of Rotterdam testing blockchain and AI for renewables trading
Post by: MrSpasybo on October 13, 2020, 07:11:43 PM
So the port is using a decentralized solar distribution network, like what was planned by the Eloncity or Candela projects? Users get discounts and renewable energy providers get more profits, which is true of the win-win partnership within the Distro ecosystem.
I'd love to hear from projects like Eloncity & Candela, as it seems that Distro is the player ahead of them in the race to decentralize the solar grid.

In Vietnam, we also have a strategy for clean solar energy, but the lack of synchronization in development has led to ineffectiveness in implementation. The farms generate a lot of electricity, enough for everyone, but the transmission capacity of the grid is limited and so we continue to use thermal power @@