Unibright to trial blockchain-based renewable energy transactions in Germany

On March 9, blockchain technology provider Unibright (UBT) announced a partnership with German start-up company Wasserkraft Mittelrhein to use the Unibright Framework to facilitate decentralized renewable energy transactions, monitoring, and data analysis. Unibright proposes a "smart grid" system in which different small power producers directly interact with energy consumers through blockchain technology.