#ndt GE Power Digital has joined a study to evaluate the use of blockchain technology for energy industry applications. The study – launched by the German energy agency, Deutsche Energie-Agentur (dena) – will investigate whether blockchain applications can be operated economically and reliably in energy industry use cases.

Blockchain is a way to store and exchange data via a simple, distributed, digital ledger. Using this technology, transactions are verified, validated and compiled into blocks in real-time
Source: NDT