U.S. Department of Energy seeks blockchain research projects

Baozou Comment : The peer-to-peer energy system based on blockchain can maximize energy utilization and optimize the management system. Although some companies have done research in this area, they all ended up in the testing phase. Recently, the U.S. Department of Energy began to solicit research projects that use blockchain technology to "achieve a strong fossil energy system." Similarly, the department's documents did not reveal specific project promotion plans, but it is certain that the Department of Energy attaches great importance to blockchain technology research.

Translation: Annie_Xu

The U.S. Department of Energy (DoE) is researching blockchain technology.

Last December, the DoE released an overview of its research areas, focusing on safety regulation of the U.S. nuclear industry; and in the document, it solicited research projects that use blockchain technology to "achieve a robust fossil energy system."

This is the first time the DoE has solicited such a project, but other U.S. government agencies have been involved in a number of research projects and startups in the field that hope to use the technology to enable new ways to distribute and invest energy.

One of the core areas of focus for the DoE is cybersecurity.

DoE said:

“The projects we are soliciting must develop new concepts for energy systems that use blockchain technology to ensure system stability and greater resistance to cyber attacks. We strongly encourage the provision of smart components that support the Industrial Internet of Things, measurement data provided in real time by sensor networks or the configuration of embedded instruments or other enabling technologies.”

Although it is not clear how the DoE will implement the selected projects, the document shows that the department is very concerned about the detailed technology application path.

“Project objectives will include software development, preliminary testing, proof of concept construction, and integration of blockchain software and system hardware at laboratory or pilot scale.”