Ikea’s innovation lab combines the potential of solar panels and blockchain

This proposal from Ikea’s innovation lab uses solar panels and blockchain technology to create a functioning energy system via a neighbor-to-neighbor trading scheme

The concept sees households generate their own renewable energy using solar panels, and any excess electricity generated can be purchased by other households in the community directly from the producer using blockchain technology. It aims to democratize access to renewable energy by establishing co-operative micro-grids in village communities.

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