{"id":407484,"date":"2021-03-27T09:37:30","date_gmt":"2021-03-27T04:07:30","guid":{"rendered":"https:\/\/infralive.com\/web\/?p=407484"},"modified":"2021-03-27T11:00:24","modified_gmt":"2021-03-27T05:30:24","slug":"smart-contracts-to-be-vital-for-integration-of-renewable-energy-into-system-cea-member","status":"publish","type":"post","link":"https:\/\/infralive.com\/web\/smart-contracts-to-be-vital-for-integration-of-renewable-energy-into-system-cea-member\/","title":{"rendered":"Smart contracts to be vital for integration of renewable energy into system: CEA member"},"content":{"rendered":"<p>Smart contracts, which allows automatic execution of transactions without a third party, will be vital for the integration of renewable power into the system, said a government official on Friday.<\/p>\n<p>A smart contract represents a digital protocol that automatically executes predefined processes of a transaction without requiring the involvement of a third party. For instance, such fully automated smart contracts between power suppliers or producers and consumers regulate both supply of electricity and payment autonomously.<\/p>\n<p>Smart contracts are going to be vital for the integration of renewable energy into the system, said Gorityala Veera Mahendar, member (economic and commercial) of Central Electricity Authority (CEA).<\/p>\n","protected":false},"excerpt":{"rendered":"<p>Smart contracts, which allows automatic execution of transactions without a third party, will be vital for the integration of renewable power into the system, said a government official on Friday. A smart contract represents a digital protocol that automatically executes predefined processes of a transaction without requiring the involvement of a third party. For instance, such fully automated smart contracts between power suppliers or producers and consumers regulate both supply of electricity and payment autonomously. Smart contracts are going to be vital for the integration of renewable energy into the system, said Gorityala Veera Mahendar, member (economic and commercial) of [&hellip;]<\/p>\n","protected":false},"author":40,"featured_media":0,"comment_status":"closed","ping_status":"closed","sticky":false,"template":"","format":"standard","meta":{"_acf_changed":false,"footnotes":""},"categories":[130,239,136],"tags":[],"class_list":["post-407484","post","type-post","status-publish","format-standard","hentry","category-newspapers","category-power-the-economic-times","category-the-economic-times"],"acf":[],"_links":{"self":[{"href":"https:\/\/infralive.com\/web\/wp-json\/wp\/v2\/posts\/407484","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/infralive.com\/web\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/infralive.com\/web\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/infralive.com\/web\/wp-json\/wp\/v2\/users\/40"}],"replies":[{"embeddable":true,"href":"https:\/\/infralive.com\/web\/wp-json\/wp\/v2\/comments?post=407484"}],"version-history":[{"count":0,"href":"https:\/\/infralive.com\/web\/wp-json\/wp\/v2\/posts\/407484\/revisions"}],"wp:attachment":[{"href":"https:\/\/infralive.com\/web\/wp-json\/wp\/v2\/media?parent=407484"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/infralive.com\/web\/wp-json\/wp\/v2\/categories?post=407484"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/infralive.com\/web\/wp-json\/wp\/v2\/tags?post=407484"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}