Busan

Credit to Author: Darrell Proctor| Date: Tue, 11 Dec 2018 19:03:45 +0000

The South Korean government has pledged 4 billion Korean won (about $3.5 million) to support a blockchain-enabled virtual power plant (VPP) in Busan, the country’s second-most-populous city after Seoul. Busan officials said they have selected a project to build a VPP on a “citizens-shared” blockchain. Technology Aggregates Resources, Standardizes Transactions A VPP is a cloud-based […]

The post Blockchain-Enabled VPP Planned for South Korea appeared first on POWER Magazine.