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With Australian power prices being some of the highest in the world, there’s plenty of room for innovation. The latest offering comes in the form of a Virtual Power Plant (VPP), made up of home battery storage across Australia. Essentially you get to trade your stored energy (captured by...
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A new type of smart money, powered by blockchain, has been successfully trialled by CSIRO’s Data61 and the Commonwealth Bank (CBA). The trial demonstrated that programmable money, could be used to help manage insurance payouts, budgeting and the management of trusts and charities in Australia. The technology was trialled...
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Aussie company Webjet have launched the first working blockchain initiative in the hotel distribution industry. While most people’s minds immediately turn to cryptocurrencies, blockchain technology has far greater uses and this implementation by Webjet aims to resolve disputes over expenses and reductions in labor costs. Webjet’s been in the...
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What happens when the panda people hold a hackathon? Recently the charity WWF-Australia partnered with Schneider Electric, University of Technology Sydney (UTS), NAB and Hackathons Australia, to host the second Future Cities Hackathon. Also on hand was Brooklyn-based, ConsenSys, a blockchain venture production studio. Held at UTS, the hackathon brought together some...