Reneum established a new blockchain-based platform that mints and trades digital tokens representing generated clean energy, helping to finance more of it.
Blockchain technology could be an environmental game-changer. In 2021, the United Nations Environment Programme (UNEP) co-authored a report on how the technology could expand and accelerate renewable energy deployment and other climate change mitigation efforts.
It explained that blockchain – which allows people to conduct transactions without a central certifying authority, and creates digital, decentralised, immutable ledgers of the transactions – can support peer-to-peer energy trading, marketplaces for renewable energy certificates (RECs), micro-leasing platforms to fund climate change mitigation efforts, and more.
Firms in Australia, Thailand, Turkey and other nations have developed such blockchain-based solutions. In Singapore, Reneum established a new blockchain-based platform that mints and trades digital tokens...
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INN caught up with cryptocurrency investment expert Dan Hoover to review the current landscape and where the market may be heading. The cryptocurrency investment marketplace has gone through severa...