The firm cited higher speed and scalability as motivations for the shift.
The program has been developed in partnership with Victoria Bitter, retailer Diamond Energy and blockchain startup Power Ledger.
A solar energy trading trial run by blockchain startup Power Ledger has found its initiative to be "technically feasible."
A Thailand public-private joint venture has inked a deal with blockchain startup Power Ledger to encourage renewables trading and uptake.
The blockchain firm will provide the technology to enable energy trading at 10 new housing developments.
The Australian firm is breaking into the European market with a new partnership that enhances the tracking and certification of green energy.
The Australian government has announced that it will provide over AU$8 million in grants for a blockchain-powered smart utilities project.
Power Ledger, a blockchain startup based in Australia, has raised $34 million in a token sale.