BlockchainEnergyMarket

Energy Production Data on New Blockchain

Evident Proof, the Ethereum blockchain and token based service that turns data into immutable proof of evidence chains, has partnered with Swytch – a blockchain platform for sustainable and renewable energy – to create a proprietary blockchain that will be used to capture energy production from generation equipment. The blockchain will be connected to IoT devices and data aggregators so the data can be fed into an Open Oracle to calculate token allocation and convert data into tokens.

Adrian Clarke, CEO of Evident Proof, commented: “The Evident Proof service can be used across markets to turn data into immutable proof and, through this partnership with Swytch, we will demonstrate how capturing energy production data can help drive sustainable and renewable energy use. This is another example of how Evident Proof is building the technology behind blockchain businesses that will help them to disrupt the market they operate in,”

 

READ MORE OF THE ARTICLE AT CHAIN-FINANCE.COM

Based near Windsor, England, Matthew Warner is an enthusiast for innovative, cutting edge technologies. He is a B.Eng. graduate in engineering with honors from the University of Warwick and also holds an PGCE in education degree. Matthew is a member of Mensa.
Free AllCoinsNews Email Updates
Get the latest cryptotoken market news and blockchain developments!
We respect your privacy.