Weekly Press Review | WePower revolutionizing green energy exchange

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WePower generating buzz for green energy exchange in Estonia

Huge portion of Estonia’s power requirement is fulfilled by fossil fuel and WePower aims to shift that norm to a more sustainable option. Together with Elering, WePower developed an Etherium-based platform to tokenize green energy production and consumption. This solution allows energy buyers to procure their wattage directly from energy producers.

Harnessing Estonia’s 100% smart-meter coverage, WePower was able to conduct a pilot of power trading with which they were able to upload 26,000 hours and 24TWh of energy in their blockchain platform.

The successful trial of energy exchange showcased the potential of blockchain in real-world setting and open the opportunity for efficient, decentralized, sustainable power generation. “Blockchain provides the necessary trust for data sharing and creates liquidity as well as accountability between energy buyers and producers,” says WePower’s CEO Nick Martyniuk.

This article was originally published in Wired. Read the full article here

Royal Society of Medicine diagnose the vulnerability of health data

Health records, much like any other type of data, is vulnerable to hacking and misuse. During the Royal Society of Medicine’s Digital Health Section conference entitled ‘Health Data: Who owns it and how to keep it safe,’ the importance of data protection and its challenges were put in focus.

Dr Ain Aaviksoo, Digital Health Evangelist and former CIIO of the Ministry of Social Affairs in Estonia, shared the best practices of in managing data and how Estonia keeps ahead of data security technologies and protocols. He mentioned that Estonia implemented blockchain technology to secure electronic health record long before it became trendy. Estonian tech firm Guardtime helped developed the cryptology for Keyless Signature Infrastructure (KSI) that runs in the electronic health data systems.

This article was originally published in Read the full article here

Germany looks to learn from e-Estonia’s electronic governance success, a German online magazine firm, visited Estonia to have a closer look at the digital revolution happening in this small Baltic nation. The media company expressed Germany’s struggles in pursuing digitizing public services because of skepticism over security of data.

Anna Piperal, former Managing Director of e-Estonia Showroom, explained that in e-government like e-Estonia, the citizens should always be at the center of thought process and that citizens should be able to control their data. E-Estonia also encourages collaboration by allowing different ministries to conduct direct exchange of database.

“Citizens have the great advantage that they no longer have to worry about going to the authorities because they can do 99 percent of the services from their couch,” Ms Piperal added.

Transcript and video of the interview were originally published in Watch the video interview here.


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