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Peer-2-peer energy market: Blockchain is used as a decentralized database to store all trades

Peer-2-peer energy market: Blockchain is used as a decentralized database to store all trades

A Blockchains is mainly a concatenation of data in a one-way direction. It’s structured into blocks which contain the transaction data and can be used to assist the sharing of energy in the energy market. A blockchain is mainly a concatenation of data in a one-way...

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The Interreg EMR Blockchain4Prosumers project aims to develop a framework, new business models and demonstrators to develop the potential of the energy market that prosumers – households and businesses that generate energy locally – create using blockchain technology.
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