According to Cosmo Jiang, a general partner at venture capital firm Pantera, blockchain technology can modernize the US electrical grid by mobilizing human labor and underutilized resources to develop decentralized energy infrastructure. Jiang explained in an interview with Cointelegraph, “All of civilization from the beginning of time has been built on the coordination of incentives, and blockchain is just a new way to incentivize people in a decentralized way that wasn’t possible before. ” He elaborated that gig economy companies have created methods for individuals to monetize their free time and unused assets beyond their regular jobs through freelance engagements. Blockchain can similarly harness unused infrastructure, labor, and resources to help build a decentralized energy grid, Jiang noted: “There are a few protocols that specialize in using token incentives to encourage everyday people to install solar panels on their roofs or install batteries in their homes.

And that way, you create this energy grid that isn't centralized and deployed through heavy capital expenditure. ” Jiang further asserted that this form of energy decentralization not only strengthens the grid but also navigates through regulatory barriers, which the Trump administration identified as one of the three pillars of “America’s AI Action Plan, ” a strategy aiming to establish the US as a global leader in artificial intelligence. Related: Trump White House releases long-promised crypto report The Trump administration has emphasized strengthening the US energy grid as a key priority for AI development. According to a recent White House report, “The US electric grid is one of the largest and most complex machines on Earth. It, too, will need to be upgraded to support data centers and other energy-intensive industries of the future. ” President Donald Trump has consistently stressed the importance of maximizing the nation’s energy resources to meet the growing demand for AI data centers, cryptocurrency mining, and other high-performance computing applications. This strategy includes exploring nuclear energy generation and protecting existing grid infrastructure from electromagnetic interference, the president stated. Furthermore, building redundant energy systems to guarantee maximum grid uptime and resilience, while ensuring critical backups are always available, is also a key objective in the administration’s plan to upgrade the US energy infrastructure.