| The name of the base system (platform): | Projects based on blockchain technology |
| Developers: | Walmart |
| Branches: | Power |
The American retail chain stores of Walmart announced in June, 2018 technology — power network which will work based on the distributed register. She will be capable to limit electrical supply and also to pay for it in cryptocurrency. The company submitted the patent application at the end of 2017[1].
Staff of Walmart told as this technology can be useful to the user. The solution will help to fight against inefficient use of the electric power home appliances and other devices. Actually, a system will allow is limited to issue to each device a certain quantity of cryptocurrency. With its help the equipment will be able to buy the necessary amount of energy for a certain period.
Besides, devices, in case of bad calculations, will be able "to share" cryptocurrency and energy among themselves — it will allow to maintain operability of all system during certain time. "Transactions will register in a blockchain, and the owner will be able to trace what device consumes more energy, than is necessary", said in the patent.
Also development can be programmed so that it could sell excess currency or postponed it until the next month.
Notes
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