Singapore-based SP Group, one of the leading utility companies in Asia, has launched a renewable energy certificate (REC) trading venue by incorporating blockchain technology in a bid to attract more clients in the highly competitive REC market. The new trading system was unveiled on Monday during the Energy Business Forum, organized by the Association of Southeast Asian Nations (ASEAN) in Singapore, SP said in a press release.
SP Group decided to implement blockchain solutions to improve its REC trading offerings compared to the competitor’s platfor...
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