Hydrogen and blockchain, the ultimate power couple.
Bitcoin or Blockchain
These days, it almost seems as if someone’s got a blockchain application for something. So somehow I’m going to try to tie hydrogen to blockchain just so I can do an ICO for some premined coins and dump the rest on unwitting bag holders. Of course, I wouldn’t do that but it would be pretty cool to start H2Observer Coin just for the name and so I can claim I started a shitcoin.
Ok forget about Bitcoin and cryptocurrencies for a moment and let’s talk about good ole’ blockchain technology, a glorified distributed database. If you need help with visualizing the difference, here’s how to remember: Bitcoin = anarchists, Blockchain = MBAs. So having said that, where does one go with blockchain and hydrogen? Hydrogen is the ultimate energy carrier, clean and flexible. It overcomes the biggest limitation of battery vehicle electrification … the battery. Long duration storage plus transportability is king and that’s what hydrogen brings to the table. However, the development of hydrogen infrastructure is nascent and capital intensive and this is where blockchain comes into play.
H2 Supply Chain
OneH2, has a pay-per-use model, where one can pay by the hour for hydrogen forklifts, pay by the mile for hydrogen trucks and have hydrogen fuel delivered at a fixed rate. You defer the capital and now can operate clean transportation that’s optimized for the customer’s needs. On the other hand, if you’re the hydrogen service provider, perhaps you’re able to drive greater utilization of these assets across multiple customers and users. Having authentication, verification and tracking of the use of these assets can enable the hydrogen economy to flourish. Implementing blockchain can also govern the H2 supply chain and transactions across the ecosystem that can increase efficiency and control with multiple usership.
As there is time for hydrogen to transform different sectors of the economy, there’s time to also rethink how an economy works. The marriage of hydrogen and blockchain can make the ultimate decentralized energy carrier into one that never stops and proliferates.
love hate own Bitcoin.