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Blockchain Powers Jack Ma’s $8-B Ant Group Energy Asset Strategy
According to Bloomberg, Ant Digital Technologies has linked more than 60 billion yuan (about $8.5 billion) of energy infrastructure to its AntChain blockchain platform, in what reports call a major push to turn physical power assets into tradable digital records.
Related Reading: Hong Kong’s HashKey Pushes Into Digital Asset Treasury With $500M Fund Plan
The move ties generators and charging equipment to a blockchain so their output and outages can be recorded in a way that can’t be changed.
https://bitcoinist.com/blockchain-powers-jack-mas-8-b-ant-group-energy-asset-strategy/