Shanghai-based startup Energo Labs is aiming to attain a higher level for its plan to decentralize energy production and consumption in the Philippines, its founder has said. She said Energo Labs is eyeing the involvement of some organizations for the next stage of this undertaking. The Philippines is Energo Labs’ first target in undertaking its proposal of decentralized solution in the energy sector. After meeting with a major energy company, the startup established their connection and studied the country’s energy market. She called it a milestone for her company, as no single entity had attempted to include blockchain in the energy sector.

Source: Manila Times November 24, 2017 17:03 UTC