ConsenSys Has Begun Using Ethereum to Supply Electricity to Texas


#1

Grid+, a blockchain startup operated by ConsenSys, the largest blockchain software company in the world operated by Ethereum co-creator Joseph Lubin, has successfully started to supply electricity to its clients in Texas.

Through the use of a unique hardware gateway system and a blockchain solution, the startup has been able to distribute renewable electricity like solar and wind energy to consumers throughout the US on the Ethereum mainnet.

Ethereum co-creator Joseph Lubin, who has recently expanded the team of ConsenSys to 900 employees, said:

“Groundbreaking milestone. The tireless Grid+ team has begun supplying power to their first four customers.”


#2

the largest blockchain software company in the world operated by Ethereum co-creator Joseph Lubin Wat


#3

I really didn’t get how can they supply electricity on ethereum mainnet but it sure is a great milestone.


#4

I hope Joseph Lubin’s ideas are developed in other countries. Many countries lack electricity, this is a great development, poor and developing countries need people like Joseph Lubin