Verv completes UK's first blockchain energy trade

Madeleine Cuff
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Team Verv at Banister House Estate in Hackney where the first trade took place | Credit: Verv
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Team Verv at Banister House Estate in Hackney where the first trade took place | Credit: Verv

Residents of the Hackney Banister House Estate sent excess solar energy from one housing block to another over encrypted trading platform

Smart energy start-up Verv has completed the UK's first ever energy trade using blockchain, as part of a community solar project backed by Ofgem. The firm completed the transaction last week, which...

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