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Blockchain enables the processing and recording of energy data transactions in such systems, but on a digital distributed ledger and in a more secure and transparent manner. Furthermore, smart contracts on blockchain platforms can be leveraged to automate certain procedures in the network.
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The tanks are equipped with a diaphragm or bladder that separates the water and air inside the tank. When water enters the tank, it pushes against the diaphragm, compressing the air on the other side. This compression increases the pressure in the tank and effectively stores the energy of the incoming water.
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