China Issues First Blockchain-Based Certificate on Green Energy Asset

China's first blockchain-based certificate on green energy asset was issued in the 2nd China Power Project EPC General Contractor Cooperation Conference - The Belt and Road Power Development Forum held in Guizhou on August 18th. This meant a step towards the landing of blockchain in green energy asset.

This blockchain-based certificate on green energy asset was issued by Zhejiang GreenLedger Blockchain Co.,Ltd (GreenLedger), and energy storage equipment and photovoltaic power station respectively under leading new energy industry enterprises CHILWEE Power Co.,Ltd and Jinko Power Co., Ltd were the first excellent green asset projects certified via blockchain technology.

Wang Yidong, founder and CEO of GreenLedger, introduced that drawing on blockchain, IoT and big data technologies, this enterprise could provide fragmented green assets and equipment of all kinds of enterprises with trusted full life-cycle digital solutions and professionalized asset management, investment and financing services.

In recent years, China has energetically supported and encouraged the development of the green industry and renewable energy with electric power transformed to a centralized plus distributed pattern from a centralized pattern and photovoltaic power stations, energy storage equipment and charging piles comprising a distributed energy network.

Now, this company has entered into strategic cooperation relationships and alliance relationships with China Telecom, Tsinghua University, Peking University, Zheshang Securities Co.,Ltd, CHNT and etc.

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