[ameister14]

It allows for a decentralized proof of ownership, useful in pop-up marketplaces. Right now there's an energy marketplace in Brooklyn using it, which makes sense because you can then trade energy from one user to another without having a central record-keeper/controller.

Often, the people keeping the records of who owns what have become extremely powerful - it is my understanding that this technology has the potential to change that dynamic.

[Govindae]

Instead of becoming extremely powerful, the parties keeping the records just use an extreme amount of power.

[hluska]

Nice turn of phrase! Good writing deserves an upvote...:)

[retube]

Ok fine. but how is this implemented? Does a coin/token correspond to some amount of energy? And how is the real world transfer of energy constrained/dictated by the block chain record?