Bangchak Corporation Public Co. Limited (BCP, a Thailand based refining company) is testing a blockchain-based energy trading platform. Wuthipong Suponthana, the MD of Leonics said “Our customer, Bangcheck Petroleum Co., wants their people to gain know-how regarding the design and implementation of microgrid systems, as well as know-how regarding the operation of microgrids as a business.”
The post Bangchak Corporation Public Co. Limited Tests Blockchain Energy Trading Platform appeared first on Incrypts.
A Blockchain is a growing list of records, called blocks, which are linked using cryptography. Cryptography is the practice and study of techniques for secure communication in the presence of third party adversaries. Cryptocurrency is a digital currency that uses encryption (cryptography) to regulate the generation of currency and verify the transfer of funds, independently of a central bank.
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