There’s an increasing number of entrepreneurs looking to put their newest product “on the blockchain” — from food delivery to social media to dating apps.
One startup is doing something slightly more noble with the ledger technology — helping Puerto Rico recover after nearly eight months of power outages on the island. Hurricane Maria destroyed much of the area’s infrastructure and its electrical grid.
Bloomberg profiled an Australia-based company called Power Ledger has hired a grid resiliency and security expert to lead power restoration efforts in Puerto Rico. The startup is using blockchain technology to do this.