South Korea's largest power supplier participates in building a blockchain system to handle renewable energy certificates

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.