Blockchain used to track, monetize rural renewable power generation


When an increasing number of rural ranchers, farmers, hobby farm owners and others in the 26 municipal districts and counties serviced by Canada’s largest member-owned utility tried to qualify for carbon credits and other incentives, the idea of using blockchain technology wasn’t the first thing that popped into their minds.

But that’s exactly how the 40 members of Innisfail, Alberta-based EQUS REA (Rural Electrification Association) LTD. will be able to start claiming an average annual payout of $100-$150 each.