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Marubeni Corp. Backs Blockchain-based Power Platform

Sofia Cabrera

Summary: A major Japanese trading company, Marubeni Corp., has decided to financially support WePower, a Lithuanian blockchain-based power trading platform. WePower has developed a platform that allows both big and small corporations to buy power easily from specifically wind and solar. The platform allows for more flexibility and quicker contract negotiation. The amount that Marubeni Corp. ...

A major Japanese trading company, Marubeni Corp., has decided to financially support WePower, a Lithuanian blockchain-based power trading platform. WePower has developed a platform that allows both big and small corporations to buy power easily from specifically wind and solar. The platform allows for more flexibility and quicker contract negotiation. The amount that Marubeni Corp. has provided to WePower is unknown at this moment. 

Author: Sofia Cabrera

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