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
Scientists develop unsinkable metal tubes using water-repelling technology
BY THE OPTIMIST DAILY EDITORIAL TEAM Engineers at the University of Rochester developed a way to make ordinary aluminum unsinkable even when it’s punctured, submerged, ...
Read More8 night sky events to catch this February, from a planetary parade to the Mil...
BY THE OPTIMIST DAILY EDITORIAL TEAM February may be the shortest month of the year, but it more than makes up for lost time ...
Read MoreHow magnesium improves immune cell capabilities
Magnesium is an essential mineral vital to many bodily functions including muscle contraction, nerve transmission, blood pressure, and immunity. Therefore, it makes sense that ...
Read MoreHow to help victims of California wildfires: a guide to supporting relief eff...
BY THE OPTIMIST DAILY EDITORIAL TEAM Wildfires have once again ravaged Los Angeles County, burning tens of thousands of acres, destroying thousands of structures, ...
Read More
