Janika Collatz

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Janika Collatz facilitates market entry for start-ups in the energy sector at the Hessian Energy Agency and supports them throughout business plan competition Science4Life Energy Cup. As part of DLT Talents program, she mapped blockchain's impact on the energy sector.

Janika Collatz

Sep 08 2021

Blockchain — accelerator of the energy transition or energy polluter?

Illuminem Voices

Environmental Sustainability · Climate Change

Blockchain technology offers high potential for energy and cleantech sectors. However, it also consumes a lot of processing power, which in turn uses energy. So, the question arises whether Blockchain will accelerate the energy transition, thus allowing us to achieve our climate goals quicker, or whether its energy consumption nullifies its benefits.