Amsterdam Event EMART Energy 2016 to Host 1st European Energy Trade over the Blockchain

448
ADVERTISEMENTSMunchee Dmarket exhastaWorldcore ICOParagon ICO

Share with:


Plans have been completed to execute the first European energy trade over a Blockchain by Yuso and Priogen Trading during EMART Energy 2016, November 3-4 in Amsterdam Netherlands.   Both traders will use the Enerchain trading tool, developed by Ponton Gmbh  out of Germany.

Enerchain allows to anonymously send orders though a trading screen. Counterparties use Enerchain to click on this order on screen to conclude a transaction – all done “peer-to-peer” without a marketplace operated by a third party. The tool supports energy products like day-ahead, monthly, quarterly and yearly baseload for power and gas. As a result, an EFET trade confirmation is created that can be uploaded to the EFETnet eCM confirmation matching service. 

Bart Pycke from Yuso said:

“Yuso is excited to conclude the first European energy trade over the Blockchain.  We believe the Blockchain technology holds great promise to improve the functioning of the  short-term power markets. Our trade on the Enerchain platform demonstrates how the technology can be used today and we look forward to work with interested industry peers to further validate the use of this technology in our industry.”

“Priogen is enthusiastic to facilitate the first European Blockchain trade. We believe the Blockchain technology can be a massive accelerator of the energy transition. The technology lowers the entry barriers, opening up electricity marketplaces to more participants and their potential energy flexibility,” added Bart de Brouwer of Priogen.

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.

Visit Website
View All Articles
advertisementBlockchain Expo