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
New stem cell treatment shows promise for reversing vision loss in macular de...
BY THE OPTIMIST DAILY EDITORIAL TEAM For millions living with age-related macular degeneration, seeing the world head-on becomes an exercise in frustration. Faces blur, ...
Read More3 so-called bad habits that might actually be making you a better person
BY THE OPTIMIST DAILY EDITORIAL TEAM Let’s be honest. Most of us have habits we wish we could kick. Maybe it’s venting too much ...
Read More7 clever ways to give your old egg cartons new life
While it’s possible to recycle old egg cartons, there are many ways you can repurpose cartons in order to give them a second life ...
Read MoreHave a short-temper? Tips from an empathy expert on how to stay cool
You aren’t alone if you can relate to having a short fuse every once in a while, however, this can greatly affect your relationships, ...
Read More
