TransActive Grid is a small community energy market in Brooklyn, NY, that’s a test run for both the idea of a clean-energy local microgrid and the use of blockchain technology to enable its transactions. TransActive Grid is a new way to trade solar energy among neighbors. The project runs on a street between 15 households: two energy producers and 13 potential buyers. The blockchain technology—famous for the crypto currency Bitcoin—together with the microgrid allow participants to know exactly where and how much energy is being produced and where their money is going while all the benefits are being engaged in their community.
Blockchain technology helps Brooklyn inhabitants use their neighbors’ solar energy
More of Today's Solutions
How robots and drones are cleaning the ocean floor across Europe
BY THE OPTIMIST DAILY EDITORIAL TEAM Most ocean cleanup efforts work on the same assumption: the problem floats. Skim the surface, collect the plastic, ...
Read MoreHummingbird migration 2026: when they’ll reach your garden and how to get ready
BY THE OPTIMIST DAILY EDITORIAL TEAM Right now, somewhere over the Gulf of Mexico, a hummingbird that weighs less than a nickel is crossing ...
Read MoreThrills and chills: how horror films can improve your mental health
The mere mention of legendary horror films such as "The Exorcist" and "Silent Night, Deadly Night" conjures up images of terror and revulsion. But ...
Read MoreIrish town’s Smartphone ban offers blueprint for digital balance and ki...
The daily quandary of when to introduce smartphones to tweens resonates with parents worldwide. Greystones, County Wicklow, in Ireland, however, didn't just grapple with ...
Read More
