Top South Korean Utility to Co-Develop Blockchain System for Renewable Energy Certificates

South Korea’s largest power provider has signed a contract with two domestic power suppliers to establish a blockchain-powered system for transacting Renewable Energy Certificates (RECs). The news was reported by local energy news site Energy Daily on June 4. KEPCO — an acronym for the Korea Electric Power Corporation — is a $15.9 billion market cap corporation in which the South…