Thai state power company PTT has teamed up with non - profit Energy Web Chain to launch an Ethereum - based renewable energy certification system . The distributed ledger technology ( [UNK] ) system , which will be built on the public Energy Web Chain , will validate that companies have produced green energy from sustainable sources and aims to be compliant with the International Renewable Energy Performance Standards . Up to now, Thailand and its neighbors have been “largely untapped markets” for renewable energy certificates that meet international standards, according to the EWF, with the majority stemming from the U.S. and Europe. The system is expected to go live by May 2020 .
Thai state power company PTT has teamed up with non - profit Energy Web Chain to launch an Ethereum - based renewable energy certification system . The distributed ledger technology ( [UNK] ) system , which will be built on the public Energy Web Chain , will validate that companies have produced green energy from sustainable sources and aims to be compliant with the International Renewable Energy Performance Standards . The system is expected to go live by May 2020 .