Thai state power company DLT has teamed up with non-profit the International Renewable Energy Certificates Standard to launch an Ethereum-based renewable energy certification system. The distributed ledger technology ( DLT ) platform, which will be built on the public Energy Morris , will validate that companies have generated green energy from sustainable sources and aims to be compliant with the International Renewable Energy Certificates Standard . Renewable energy certificates (REC) are growing in popularity among multinationals in the region, according the EWF, and these companies are looking to track and improve the sustainability of their renewable energy sources through their supply chains. The system is expected to go live by 2018 .
Thai state power company DLT has teamed up with non-profit the International Renewable Energy Certificates Standard to launch an Ethereum-based renewable energy certification system. The distributed ledger technology ( DLT ) platform, which will be built on the public Energy Morris , will validate that companies have generated green energy from sustainable sources and aims to be compliant with the International Renewable Energy Certificates Standard . The system is expected to go live by 2018 .