Express

TEPCO And Itochu Partners Up To Develop Blockchain-Based Electricity System

Dawn Wu

Summary: Two major Japanese companies are partnering up to build a blockchain-based system to trade surplus electricity among households, according to local media.

Two major Japanese companies are partnering up to build a blockchain-based system to trade surplus electricity among households, according to local media

The Tokyo Electric Power Company (TEPCO), which supplies Japan’s Kanto region, including Tokyo, and trading giant Itochu Corporation are collaborating to construct an AI-equipped storage battery and a solar panel to control power generation. The implementation is expected in three years.

By Dawn Wu

Last Update:

Tags: ,
Link: TEPCO And Itochu Partners Up To Develop Blockchain-Based Electricity System   [Copy]
  • Will Introduction of the Stablecoin Act Trigger a Financial Tsunami? 23 hours ago
  • Trump Just Opened the Floodgates: What Happens When $9 Trillion in Retirement Money Hit... 4 days ago
  • US Crypto Stash Shock: Marshals' Low BTC Count Fuels 'Secret Sale' Debate, Ignites Buyb... 5 days ago
  • Mini Altcoin Season Brewing? Old Guard's Rally Signals Potential Shift 7 days ago
  • New All-Time High for BTC: Weekly Market Outlook & Strategy 8 days ago
  • You need to login to comment.