An electricity trading platform based on blockchain to analyze the effects of this technology on the energy market.
The small, picturesque town in the Allgäu has long been known as an energy pioneer. The citizens of Wildpoldsried are now again staying one step ahead with "Pebbles" – peer-to-peer energy trading based on blockchain technology. Pebbles analyzes and tests the effects of blockchain technology on the energy market. Local peer-to-peer energy trading not only assumes a practical function in controlling the supply and demand of the decentralized energy system. It is also a further indication of the business and monetization opportunities the "energy flexibility market" is already opening up today.
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Company Link: siemens.com