Energy Systems Integration: NREL + BlockCypher

BlockCypher is teaming with NREL to demonstrate secure peer-to-peer energy transactions - taking place in real-time and without a centralized arbitrator - forming the basis for a distributed energy marketplace. The transactions use blockchain technology for features like instantaneous settlement times, low transaction costs, and for enabling trust between participants without the need for a third party. Blockchain technology is an innovative solution to managing grid security, enabling distributed energy markets, and the proliferation of distributed energy resources, all-the-while opening up new value streams for customers and utilities.