Spanish Power Company to Launch Blockchain Lab

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Thanks to its open innovation model, Spanish power company Endesa has recently launched a new Blockchain challenge through Endesa Energy Challenges, the company’s new collaborative platform that seeks, together with entrepreneurs, new energy efficient products and services.

The company will start collecting the applications to form part of this new initiative on 1 November.

“Some say that this technology may change everything and others that it could be the most important this century but what is true is that it is an unstoppable phenomenon in the Internet world. The potential for Blockchain is enormous and Endesa wants to be in the forefront. That is why the company is creating its first laboratory that focuses on this technology with the aim of obtaining new applications and user cases specific to the energy industry and which can be applied to the Spanish market,” writes Endesa.

It  is open to any participants (companies, individuals, researchers, start-ups, universities, research bodies, etc.) anywhere in the world. Anyone who wants to be accompanied by Endesa and delve into this passionate world can enter the selection process, which will be carried out as follows:

  • The applications to form part of this new initiative will be collected between 1 November and 31 January through Endesa Energy Challenges, the collaborative project that challenges the world’s most brilliant minds to create new solutions for more efficient energy, which was launched precisely one year ago at the South Summit. During that time, the company will shortlist the projects based on their potential value for Endesa because they define new products or services in the short and medium term and because they bring long-term emerging technologies of interest forward. And all of them will be based on the use of blockchain.
  • Between 1 February and 31 March, the company will select the final projects and start working together with the candidates, who will start developing their proposals using Endesa’s support. Ad-hoc collaboration agreements are expected to be arranged to develop each one.
  • On 1 April, the selected projects are expected to be announced and, from then on, the company will work together with the winners.

About Richard Kastelein

Founder of industry publication Blockchain News, partner at ICO services collective CryptoAsset Design Group (helped raise over $200m+), director of education company Blockchain Partners (Oracle Partner) and ICO event organiser at leading industry event  CryptoFinancing (first ICO event in Europe) - Richard Kastelein is an award-winning publisher, innovation executive and entrepreneur. He sits on the advisory boards of half a dozen Blockchain startups and has written over 1200 articles on Blockchain technology and startups at Blockchain News and has also published pioneering articles on ICOs in Harvard Business Review and Venturebeat.
 
Kastelein has spoken (keynotes & panels) on Blockchain technology in Amsterdam, Antwerp, Barcelona, Beijing, Brussels, Bucharest, Dubai, Eindhoven, Gdansk, Groningen, the Hague, Helsinki, London, Manchester, Minsk, Nairobi, Nanchang, San Mateo, Shanghai,Tel Aviv and Venice. His network is global and extensive.
 
He is a Canadian (Dutch/Irish/English/Métis) whose writing career has ranged from the Canadian Native Press (Arctic) to the Caribbean & Europe. He's written occasionally for Harvard Business Review, Wired, Venturebeat, The Guardian and Virgin.com and his work and ideas have been translated into Dutch, Greek, Polish, German and French.
 
A journalist by trade, an entrepreneur and adventurer at heart, Kastelein's professional career has ranged from political publishing to TV technology, boatbuilding to judging startups, skippering yachts to marketing and more as he's travelled for nearly 30 years as a Canadian expatriate living around the world.
 
In his 20s, he sailed around the world on small yachts and wrote a series of travel articles called, "The Hitchhiker's Guide to the Seas' travelling by hitching rides on yachts (1989) in major travel and yachting publications. He currently lives in Groningen, Netherlands where he's raising three teenage daughters with his wife and sailing partner, Wieke Beenen.

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