Blockchain & Distributed Ledger Technology

Blockchain is only one of several Distributed Ledger Technologies or DLTs, illustrated in the diagram above. But when it comes to Web3 and emerging cryptographic applications for secure transactions the tendency is to refer to Blockchain as the solution. The DLT under development by Competitive Edge Technology (CET) is Holochain.

There are many use cases for “blockchain” in the enterprise application space, but none as urgent or as important as renewable energy support. Solar rooftop photovoltaic panels to capture energy from the sun, electricity sharing amongst communities, the growth of microgrids to supplement main grid electricity supply, and the emergence of the electricity trading industry all have two needs in common:

  1. They all require a customer network
  2. They all are transitioning to a “blockchain” backbone

The immediate solution to both needs is CET’s DLT ledger and DeHR’s governance and consensus layer:

CET’s DLT is creating a global workforce database. The workforce data is the same customer household needed for electricity connection.

CET’s DLT is creating the prime record for workforce data and other specialized ledgers will interconnect. The ledger enables data portability, privacy and scalability.

The DeHR governance function ensures ledger participation authenticity. In other words, to join the CET network companies must satisfy a locally defined criteria and only employees (or households) from those companies can belong to the network. Data integrity will be critical for microgrid membership in the future.

DeHR and CET’s strategy is to provide a network and technology platform for the global workforce to connect to microgrids and receive cheap and reliable electricity based on Space Based Solar Power.

Creating the infrastructure for rooftop solar voltaic panels is a transition step to receive electricity from a new source, when available. That is, electricity directly beamed to rectennas instead of via the main grid transmission wires.

In a nutshell, the future of renewable energy will be based on solar (Space Based Solar Power or Gravity+Solar Power)  and DeHR and CET wish to create the underlying global network.

Diagram from the Solar Space Technologies SST website

Also see The Promise of Cheap Electricity