Tag: Energy Sector

LCG Energy on the biggest problems in the energy industry and how humanity can overcome them: an interview with the CEO

LCG Energy is a licensed utility provider, energy contractor and energy trader that wants to design innovative blockchain solutions for the energy sector and conduct an ICO. The company was founded in 2009 and had a revenue of €40M last year, with a projected revenue of €200M in 2020 and plans to acquire renewable energy projects with ~20% ROI.  Q: Could you please tell us more about your company and …
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Saudi Arabia’s Energy Sector Prepares to Embrace Blockchain Technology

There has always been a question as to how one could use blockchain technology for the benefit of millions of people. Outside of the financial sector, a fair few use cases are being explored right now. Surprisingly, it seems Saudi Arabia is leaning toward using this innovative technology to revolutionize the energy sector. With a peer-to-peer trading opportunity on the horizon, new business opportunities will be created. Blockchain Technology and the Energy …
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