According to Cointelegraph, the local media in South Korea, Energy Daily, reported that South Korea’s largest power supplier, the Korea Electric Power Corporation (KEPCO), has signed a contract with two domestic power suppliers to build a blockchain power supply system for trading. Renewable Energy Certificate (REC). Under the agreement, the three organizations will establish a cooperative system to implement a government-led blockchain REC transaction pilot project under the supervision of the Korean Ministry of Science and Technology.