articles liés
-
Global Crypto Investment Fund FD7 Ventures to Sell $750M USD Worth of Bitcoin to Increase Cardano and Polkadot Holdings
-
Block.one Joins IDB-Backed Alliance to Deploy Blockchain Solutions for Pressing Public Sector Needs in Latin America
-
Routemaster Capital Announces C$10 Million Private Placement Financing
-
Bordier & Cie SCmA propose des cryptomonnaies à ses clients via la plateforme bancaire B2B de Sygnum
-
Trace Labs receives support from the World Economic Forum to ensure safer buying of COVID-19 protective equipment using blockchain
Mitsubishi Electric Corporation (TOKYO: 6503) and Tokyo Institute of Technology (Tokyo Tech) announced today their joint development of an original blockchain technology that can optimize peer-to-peer (P2P) energy trading.
The technology is expected to contribute to more effective use of surplus electricity from renewable energy by creating trading environments that flexibly respond to shared trading needs, particularly to maximize the amount of surplus electricity available in the market at any given time.
Beginning in April, the P2P energy trading system’s performance will be evaluated to further optimize the algorithm as required, aiming at the earliest possible commercialization.
In the collaboration, Mitsubishi Electric has taken charge of designing the P2P energy trading system and its clearing (transaction-completion) functions while Tokyo Tech has handled blockchain technology R&D and the design of an optimal clearing algorithm.
For the full text, please visit: www.MitsubishiElectric.com/news/
Source :
Mitsubishi Electric Corporation
www.MitsubishiElectric.com/news/
The technology is expected to contribute to more effective use of surplus electricity from renewable energy by creating trading environments that flexibly respond to shared trading needs, particularly to maximize the amount of surplus electricity available in the market at any given time.
Beginning in April, the P2P energy trading system’s performance will be evaluated to further optimize the algorithm as required, aiming at the earliest possible commercialization.
In the collaboration, Mitsubishi Electric has taken charge of designing the P2P energy trading system and its clearing (transaction-completion) functions while Tokyo Tech has handled blockchain technology R&D and the design of an optimal clearing algorithm.
For the full text, please visit: www.MitsubishiElectric.com/news/
Source :
Mitsubishi Electric Corporation
www.MitsubishiElectric.com/news/