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Shell and Sumitomo Corporation invest in LO3 Energy to develop blockchain-based community …

Shell and Sumitomo Corporation invest in LO3 Energy to develop blockchain-based community energy platform

Shell Ventures and Sumitomo Corporation Group have invested in LO3 Energy to support the global development of its blockchain-based community energy networks. In 2017, Shell and fellow energy majors BP and Statoil, along with trading houses Gunvor, Koch Supply & Trading, and Mercuria; and banks ABN Amro, ING and Societe…