Blockchain Electricity Project Unites S. Korean Ministry of Science, KEPCO

Announcements, Blockchain, Innovation | December 6, 2017 By:

South Korea’s Ministry of Science, ICT and Future Planning (MSIP) and Korea Electric Power Corporation (KEPCO) have developed a blockchain-based system for neighborhood electricity trading and electric vehicle (EV) charging. The goal of the project is to provide relief to businesses or households that face heavy electricity bills.