Ethereum 

Oxfam Trials Aid Distribution With DAI, Future Use ‘Highly Likely’

Throughout May 2019, United Kingdom-based nonprofit organization Oxfam International executed a month-long trial that saw MakerDAO’s DAI stablecoin distributed as a means of exchange among citizens of Vanuatu. The Oxfam initiative, named UnBlocked Cash, was conducted in partnership with MakerDAO, ConsenSys and Australian tech startup Sempo. The Australian government also supported the program. Tsunamis, cyclones and volcanic eruptions comprise a constant concern for the citizens of Vanuatu, with WorldRiskReport describing it as the world’s most at-risk nation to natural disaster for five consecutive years. The month-long program saw 200 residents…

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Blockchain 

Blockchain-Based Energy Trading Firm to Optimize Solar Energy Distribution in Austria

Blockchain-based energy trading firm Power Ledger will roll out its peer-to-peer (P2P) network in Graz, the second-largest city in Austria, according to an announcement on June 18. The Australia-based company has partnered with E-NEXT, an innovation arm of major Austria’s energy utility Energie Steiermark, to launch its blockchain-powered energy trading platform in and around Graz. The initiative is an attempt to optimize energy distribution and to contribute to the city’s transition towards zero-carbon energy, the release notes. As such, Power Ledger’s technology is expected to enable rooftop solar energy-based households…

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Ethereum 

Fintech Firm trueDigital Expands Over-the-Counter BTC, ETH Reference Rate Distribution

New York-based fintech infrastructure provider trueDigital Holdings (TDH) is partnering with crypto data firm Kaiko and digital assets analytics company Inca Digital Securities to widen the distribution of its over-the-counter (OTC) reference rates for Bitcoin (BTC) and Ethereum (ETH). The development was shared with Cointelegraph in a press release on March 25. As reported last year, TrueEX created TDH as an affiliate in March 2018, immediately announcing a TDH partnership with prominent blockchain tech firm ConsenSys (created by Ethereum co-founder Joseph Lubin) to create a benchmark rate for the price…

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Blockchain 

Solar Power Supplier Kyocera Teams up With Blockchain Firm to Improve Energy Distribution

Japan’s solar power supplier Kyocera has partnered with LO3 Energy to test blockchain-based virtual power plants (VPP) for improved energy distribution, according to a press release published on Feb. 25. Scheduled for Feb. 28, 2019, the test will allow the companies to evaluate the the feasibility of VPPs that promote a low-carbon society without fuels or carbon emissions based on peer-to-peer (P2P) distributed consensus network. Within the joint project, Kyocera — which has 81.79 billion yen ($736 million) in net income — will set up small VPPs using its solar…

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