Information Systems for Environmental Sustainability

IT, Resource Productivity, Environmental Preservation, and the Fourth Industrial Revolution

Emergent: Community microgrid using existing energy infrastructure and the blockchain

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2016-10-04-10-05-04-am

Brooklyn Microgrid is using the blockchain for smart contracts and currencies in support of “resilient, sustainable and more efficient energy production of the future.” In simple terms, as FastCompany explains:

On one side of President Street, five homes with solar panels generate electricity. On the other side, five homes buy power when the opposite homes don’t need it. In the middle is a blockchain network, managing and recording transactions with little human interaction.”

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Author: nigelpm

Associate Professor of Information Systems, Stephen M. Ross School of Business, University of Michigan - Helping organizations to navigate digital transformation.

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