Home » Fujitsu Developed Blockchain Electricity Exchange System

Fujitsu Developed Blockchain Electricity Exchange System

news - Fujitsu Developed Blockchain Electricity Exchange System

Japanese IT giant Fujitsu has introduced a blockchain-based electricity exchange system facilitating a more stable energy supply of enterprise consumers at peak periods.

The new blockchain-based system calculates how much energy is available from sellers and match that with available buy orders in order to receive a faster response at peak times.

Fujitsu said it had tested the “patent-pending” blockchain system with support from electric power distribution company ENERES and achieved a roughly 40 percent improvement compared to an existing system called demand response (DR).



Join to our Telegram channel HYIP.com to be always up-to-date with the latest news of the cryptocurrency space.

As a reminder, back in October, the firm developed an inter-bank settlement system using the tech in an attempt to achieve low-cost transfer of smaller transactions. Last June, the firm launched a blockchain-based data storage system that can be used by retail merchants to tokenize traditional promotional tools such as coupons and reward points.

(Visited 1 times, 1 visits today)

Have your say!

0 1

Leave a Reply

Your email address will not be published.

You may use these HTML tags and attributes: <a href="" title=""> <abbr title=""> <acronym title=""> <b> <blockquote cite=""> <cite> <code> <del datetime=""> <em> <i> <q cite=""> <s> <strike> <strong>

Lost Password

Please enter your username or email address. You will receive a link to create a new password via email.

Sign Up