Different uses for blockchain technology are being explored around the globe. China, for example, is looking to use the technology to promote electricity trading. The latest developments on electric trading come as the country is in the midst of an increased demand for electricity. Extreme heat and drought have pushed a demand for more air conditioning and thus more electricity, which is pushing the electric infrastructure to its limits. “The China Energy Administration (CEA) is set to investigate the use of blockchain power trading platforms to promote energy trade between self-contained power generation units and state and national networks,” a…