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 build first fully human bone marrow model to revolutionize blood d...
BY THE OPTIMIST DAILY EDITORIAL TEAM In a transformative leap for regenerative medicine, scientists have developed the first entirely human-engineered bone marrow system. This ...
Read More7 cold and flu season mistakes doctors want you to quit making
BY THE OPTIMIST DAILY EDITORIAL TEAM You’ve heard the warnings: cold and flu season is no joke. But despite our best intentions (and fully ...
Read MoreThree ways we can repurpose closed department stores
40 percent of US department stores have closed their doors in the past five years, but the question remains: what do we do with ...
Read MoreHubble takes beautiful image of galaxies “dancing”
The Hubble Space Telescope ventured into space over three decades ago in 1990, and has observed around 50,000 celestial bodies to date. During this ...
Read More
