Vicinity, the Australian shopping center operator, has announced that it will trial a blockchain management solution for its energy network.
The Australian firm has partnered with start-up Power Ledger to bring blockchain to its Castle Plaza center. The deal is part of Vicinity’s $75 million solar program.
The solution will allow Vicinity to manage its energy use and distribution in real time. Hence, the shopping center would be able to switch between its own solar energy and the national grid.
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