How blockchain can address Austria’s energy crisis

Cointelegraph

Published Jul 25, 2022 09:07AM ET

Updated Jul 26, 2022 11:40AM ET

Climate change has become one of the biggest global challenges for humanity. At the same time, the dependence on hydrocarbon energy sources such as coal, oil and natural gas is still strong.

Supply lines around these energy sources are further vulnerable to geopolitical tensions. Due to the current sanctions against Russia, experts now expect rising electricity prices and negative effects on the energy market in Europe.

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