US Department of Energy Seeks Blockchain Research Proposals
The US Department of Energy (DoE) has become the latest US agency to look into blockchain projects.
Congressional researchers detailed the current state of energy consumption related to cryptocurrency mining and potential regulations for the energy-intensive process.
A U.S. Department of Energy lab is exploring blockchain technology as a line of defense against cyberattacks on power plants.
Their neural network works faster and more reliably than non-AI systems, researchers said.
The U.S. Department of Energy is offering funding of up to $4.8 million for fossil energy research, including blockchain applications.
A research lab within the U.S. Department of Energy has revealed it is exploring the application of blockchain in next-generation power grids.