The Asia region is set to match North America and Europe in the area of blockchain-based energy trading with the expanding market interest in a number of innovative projects involving distributed ledger technology (DLT), reports Solar Plaza.
From Singapore to Japan, the markets are embracing blockchain-based energy trading opportunities. Early global energy blockchain leaders, including Australia's power ledger and LO3 Energy of the US, are actively involved in the region's DLT. Asia is also a host to a good number of start-up fintech companies.
Power Ledger analyst Marrah Fry commented, “There is an immense appetite for blockchain-based energy trading in Asia. We have received a great deal of support for our two announced projects in this region.”
The Perth, Australia-based Power Ledger has projects in Ja...
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