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Blockchain technology can help modernize the US electrical grid by marshaling human labor and stranded resources to create decentralized energy infrastructure, according to Cosmo Jiang, a general partner at venture capital firm Pantera.
“All of civilization from the beginning of time has been built on the coordination of incentives, and blockchain is just a new way to incentivize people in a decentralized way that wasn’t possible before,” Jiang told Cointelegraph in an interview.
The VC explained that companies in the gig economy have devised…
