Spain to Trace Renewable Energy Generation with Blockchain Technology

ACCIONA Energía, a Spanish renewable energy producer is to implement blockchain solution for tracing electricity generation. The company is considered as one of the major international renewable energy operators. It services over 6 million homes by producing emission-free energy.

ACCIONA Energía will partner with a Barcelona-based project titled FlexiDAO focusing on providing digital energy services. Earlier these two companies have already worked together in a project related to the supply chain of renewable energy.

The company plans to implement the technology at new markets and areas. The blockchain technology, in turn, provides the ability to tracing the renewable energy to the clients from anywhere in the world.
This case is evidently not the first. Energy companies have been implementing blockchain technology to their supply networks and operations globally. South Korea, Germany and a number of the major company have already applied blockchain to with its advantages.

While the technology popularity is extremely high, it gets implemented in a growing number of industries. Whether you consider the opportunities of blockchain for establishing a new breakthrough business or level-upping an existing one it’s a great tool to create an amazing project! You may find out about your idea realization feasibility by asking us.

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