Express
Startup EVShare Using Bitcoin Sidechain To Promote Renewable Energy
Summary: EVShare, a blockchain-based energy and transportation startup in Los Angeles, launched an innovative renewable energy project today. A $20 million in partner funding and a $9 million grant from the California Energy Commission will help the project to test the application of blockchain technology in the management of localized renewable energy grids. The project links ...
EVShare, a blockchain-based energy and transportation startup in Los Angeles, launched an innovative renewable energy project today.
A $20 million in partner funding and a $9 million grant from the California Energy Commission will help the project to test the application of blockchain technology in the management of localized renewable energy grids.
The project links the local solar system with electricity transportation to establish an organic energy market. The goal is connecting local households to a local grid that provides energy for shared electric vans.
The RSK Bitcoin sidechain and RSK Infrastructure Framework which developed by its parent company IOVLabs, will provide infrastructure support for storing data related to solar panels, energy storage, electric vehicles, and charging infrastructure.
By Mary Liu
Tags: Bitcoin,RSK
Link: Startup EVShare Using Bitcoin Sidechain To Promote Renewable Energy [Copy]
