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Blockchain innovation can aid in revitalizing the US power grid by organizing human effort and underutilized resources to establish decentralized energy systems, as stated by Cosmo Jiang, a general partner at the venture capital firm Pantera.
“The entirety of civilization, since time immemorial, has been founded on the alignment of incentives, and blockchain represents a novel method to motivate individuals in a decentralized manner that wasn’t feasible until now,” Jiang informed Cointelegraph during an interview.
The VC elaborated that enterprises within the gig economy have created avenues for individuals to capitalize on their spare time and resources beyond standard working hours via freelance roles. According to Jiang, blockchain can harness this potential by coordinating idle infrastructure, labor, and resources to construct a decentralized energy network:
“A few protocols focus on applying token-based incentives to motivate everyday individuals to install solar panels on their rooftops or set up batteries at their residences. This way, an energy network is developed that isn’t centralized and doesn’t require significant capital investment.”
Jiang concluded that this modality of energy decentralization enhances the grid while simultaneously navigating the regulatory maze that the Trump administration identified as one of its three core tenets of “America’s AI Action Plan,” a strategy aimed at positioning the US as the foremost leader in artificial intelligence.
Related: Trump White House unveils long-anticipated crypto report
The Trump administration prioritizes the reinforcement of the US power grid in AI development
“The US electrical network is among the largest and most intricate systems on the planet. It, too, will require modernization to accommodate data centers and other energy-heavy industries of the future,” a recent White House report asserted.
US President Donald Trump has consistently highlighted the necessity for the nation to optimize its energy resources to fulfill the requirements of AI data centers, cryptocurrency mining, and other high-performance computing ventures.
This entails examining nuclear power generation and protecting existing grid elements from electromagnetic interference, the president commented.
Establishing redundant energy systems to guarantee optimal grid uptime and resilience, while ensuring that essential backups are perpetually accessible, is also a policy objective of the president’s energy infrastructure enhancement strategy.
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