The Industrial Internet of Things market: state and outlook 2021

The Industrial Internet of Things market (let’s simply say the Internet of Things without the Consumer Internet of Things part) is growing fast as digital transformation in many industries is accelerating in an Industry 4.0 reality. With strong alliances between leading Industrial Internet of Things (IIoT) players, proven IIoT applications (and use cases) that inspire … Read more

REC Silicon sales up but cash balance declines in Q2

Stocks: RECO REC Silicon noted that its FBR polysilicon production remained at 50% utilisation rates but its FBR cash costs stood at US$11/kg. Total polysilicon sales in second quarter were 2,960MT, while production was 3,057MT. Polysilicon producer REC Silicon ASA continues to significantly curtail production but was able to squeeze higher revenues over the previous … Read more

Blockchains, Cryptocurrencies & the New Decentralized Economy: Part 1

Blockchain is the most important technology you might not yet understand. It is building a future that will be more decentralized and democratic, whose beneficiaries will range widely from Syrian refugees to investment banks. The World Economic Forum estimates that by 2027, 10% of global GDP will be stored on blockchain technology. Rapidly evolving blockchain … Read more

Blockchains, Cryptocurrencies & the New Decentralized Economy: Part 2 – Blockchain

Blockchain startups are building the apps of the future. In Part 2 of this post, we develop the concept of decentralized applications, called “DApps.” These new, open-source applications are built using blockchain technology. They decentralize the delivery and operations of app-based products and services, which can have positive implications for users. Decentralized apps have a … Read more

Groundbreaking new energy storage system mounts to existing poles

Grid reliability is a growing concern as the world transitions to renewable energy and existing infrastructure ages. To address these challenges, Toronto Hydro is testing a grid-scale energy storage system that can be attached to poles already present around the city. The system has been in place since August of last year, and it’s already … Read more

Could a blockchain-based electricity network change the energy market?

Blockchain-enabled energy trading could help lower carbon emissions but efficiency and privacy issues must first be overcome, EURACTIV’s media partner The Guardian reports. The blockchain. It is the much-hyped, virtually foolproof digital ledger that allows cryptocurrencies such as bitcoin to flourish without the need for banks and governments, and promises to enable everything from the … Read more

MyBit launches ICO to decentralize renewable energy

MyBit is a platform that aims at tokenizing any automatable or machine infrastructure in 5 years. MyBit will start with commoditizing solar panel systems and other forms of renewable energy in Germany, so investors and landowners will be able to crowdfund the coming decentralized energy grid, getting security on investment while landowners can find more … Read more