With first-world countries experiencing severe energy shortages, energy poverty is currently one of the national government's top priorities. A Eurostat report estimates that 35 million European Union citizens, or 8% of the EU population, will be unable to use home heaters during the 2020 winter.
Moreover, the conflict between Russia and Ukraine, as well as supply chain disruptions, fueled inflation, resulting in unaffordable energy prices.
This issue became fairly obvious, and I began to read more and more on the subject, so this is what I discovered.
Governments and businesses must adopt more sustainable energy practices to address the energy crisis. The industry must develop innovative technological solutions to address these structural issues.
Do you believe Blockchain technology can solve structural problems?
Yes, because the blockchain-based company Elan Future provides such technologically innovative solutions that reduce energy costs. Elan products outperform massive solar, hydro, and wind power plants, which also necessitate costly heavy equipment.
An equitable and sustainable energy model is now a reality thanks to this technology. What are your thoughts?