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Author Topic: Blockchain technology for a fair distribution of energy  (Read 253 times)
BRE (OP)
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April 09, 2019, 06:59:55 PM
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Do you believe that merging new technologies such as blockchain with renewable energies can take us to the next level for a fair energy distribution?
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April 10, 2019, 11:33:32 AM
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Yes i do believe and we already have success stories like PowerLedger located in Australia. Why I think the system is going to work is because with the help of blockchain technology, more turst & transpiracy will be introduced into the system which weren't there before due to the use of 3rd party companies like the distribution operators. But since there won't be any need of a 3rd party system, the energy can now be distributed (traded) peer2peer between individuals, making the system more dencentralized and even more cost efficient as a result leading to a fair distributions of energy.
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April 14, 2019, 06:38:32 PM
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Yes i do believe and we already have success stories like PowerLedger located in Australia. Why I think the system is going to work is because with the help of blockchain technology, more turst & transpiracy will be introduced into the system which weren't there before due to the use of 3rd party companies like the distribution operators. But since there won't be any need of a 3rd party system, the energy can now be distributed (traded) peer2peer between individuals, making the system more dencentralized and even more cost efficient as a result leading to a fair distributions of energy.

I agree with you in everything and also I want to thank you for sharing the PowerLedger project beacuse I never heard about it.

I start thinking in this by reading coindesk some days ago... I found an article that shares the work of Bosch and Wien Energi to develope a fridge that envolves blockchain tecnology, by using an app and smart contracts to have transparent and secure control of it.

I share with you the article, hope you like it!!
https://www.coindesk.com/bosch-and-wien-energie-demo-blockchain-powered-refrigerator

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April 16, 2019, 03:59:36 AM
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Do you believe that merging new technologies such as blockchain with renewable energies can take us to the next level for a fair energy distribution?

What do you mean by "fair energy distribution"?
BRE (OP)
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April 18, 2019, 05:21:16 AM
 #5

Do you believe that merging new technologies such as blockchain with renewable energies can take us to the next level for a fair energy distribution?

What do you mean by "fair energy distribution"?

That any one can get involved in the energy businesses with a more secure and efficient model.

I start thinking this is amazing because in my country the federal commission of electricity supplys everyone in the country, and they are the only ones. It is also worth mentioning that they do what they want... and that corruption is present at all levels. Now imagine being able to buy energy with crypto from a neighbor who has his solar panel system? Its super cool!!

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April 18, 2019, 08:43:07 AM
Last edit: April 20, 2019, 04:06:15 PM by Carlton Banks
 #6

I found an article that shares the work of Bosch and Wien Energi to develope a fridge that envolves blockchain tecnology, by using an app and smart contracts to have transparent and secure control of it.

imagine being able to buy energy with crypto from a neighbor who has his solar panel system?

why does a fridge need to be "on the blockchain" for that to be possible
BRE (OP)
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April 19, 2019, 06:13:13 PM
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imagine being able to buy energy with crypto from a neighbor who has his solar panel system?

why does a fridge need to be "on the blockchain" for that to be possible

For me it's not about the fridge, its about the concept of transparency and secure that blockchain tecnology can provide. Also Im not shure, but I can bet that bosch and wien energie are developing this project looking for a profit but with out doubt its a good background for future projects with open source initiative.

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April 20, 2019, 04:12:18 PM
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For me it's not about the fridge, its about the concept of transparency and secure that blockchain tecnology can provide.

Fridges are more secure if they're not connected to any external system.

If you want to buy electricity from someone, you:

  • ask them
  • they ask you how much you want
  • you tell them
  • they tell you a price
  • you say yes or no
  • if yes, you establish the supply somehow

where and why does blockchain tech appear in that sequence of events?


Also Im not shure, but I can bet that bosch and wien energie are developing this project looking for a profit but with out doubt its a good background for future projects with open source initiative.

it sounds dumb
bitmover
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May 06, 2019, 06:23:38 PM
 #9

IMO, there is no way to achieve a "fair distribution of energy", simple because the world resources are not fairly distributed.

In Brazil we have lots of potential for hydroelectricity, and in Saara desert there isn´t such potential.

Not everything has to be fairly distributed. People need to use world resources according to their possibilities, not according to their needs or desires.
Mpamaegbu
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May 09, 2019, 04:00:04 AM
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Do you believe that merging new technologies such as blockchain with renewable energies can take us to the next level for a fair energy distribution?
Life itself (in general) isn't fair. So, why should anyone expect a fair treatment in any deal. I don't think it's going to be. Let me tell you what will happen - some people are going to get super rich with that synergy at the expense of others. That's it.
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May 10, 2019, 04:29:59 PM
 #11

I was already thinking about that idea before and still now. I am happy to see some people agrees with this possibility we can execute in the future. However, the blockchain's architecture is still able to be developed for it to be more relevant to applying it to the renewable sources.

I also checked the project shared by Cryptopreneur and I owe you a lot for sharing the said link. I am very happy that my idea before was really effective. I will start to think of more idea and will try to execute it in the future!
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