– Giel Mertens , Consultant , Bax & Company

its role as the accumulator and accelerator of innovative projects like this one , supporting clients within science and technology industries by enabling strategies that will bring their ideas to market .

The $ 1.86mn (€ 1.5mn ) project uses blockchain technology to create a connected understanding of mutual consumption and surplus energy . The system can localise energy usage through a smart grid , enabling local households and business to become ‘ prosumers ’. Also , due to the nature of blockchain software , all data from the municipality is safe and secure .

Due to legislative issues , Enervalis had not yet succeeded in passing the concept stage of its peer-topeer proposal . Once connected with Bax & Company , however , the Belgian firm liaised with the appropriate housing providers and partners – the municipality of Eemnes , energy cooperation Eemnes Energie , housing provider De Alliantie , and the province of Utrecht – to finally begin the project .

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