Express

IOTA Foundation's Tangle Data Network Will Be Integrated By A Leading Smart Energy Project

Amy Liu

Summary: According to an official announcement shared on the IOTA Foundation's blog, SUSEE, an experimental project in the sphere of "smart energy," will utilize IOTA's Tangle. Tangle will connect thousands of sensors to ensure resource-efficient energy distribution. SUSEE (Secure Sensor Platforms for Smart Energy Networks) is a multi-lateral research and development collaboration that includes the energy ...

According to an official announcement shared on the IOTA Foundation's blog, SUSEE, an experimental project in the sphere of "smart energy," will utilize IOTA's Tangle. Tangle will connect thousands of sensors to ensure resource-efficient energy distribution.

SUSEE (Secure Sensor Platforms for Smart Energy Networks) is a multi-lateral research and development collaboration that includes the energy distribution network operator SWO Netz GmbH, researchers from Fraunhover and Chemnitz universities, and the non-profit IOTA Foundation.

Tangle was chosen for this experiment due to its high standards of encryption, extremely low fees, fast speed of transaction finalization and notable scalability opportunities.

By Amy Liu

Last Update:

Tags: ,,
Link: IOTA Foundation's Tangle Data Network Will Be Integrated By A Leading Smart Energy Project   [Copy]
  • BTC Weekly Outlook: A Bullish Week, but Signs Point to a Shift to Defensive Play 10 hours ago
  • Figma's IPO Triumph and Crypto Bet: How a Design Disruptor Stunned Wall Street After a ... 11 days ago
  • When Stablecoins Tear Down Banks’ Interest Margin Moats — A Third Look at the U.S. “Ge... 13 days ago
  • Twitter Space Highlight: Is Altcoin Season Coming? Unpacking BTC, Institutions & RWA 14 days ago
  • BTC Weekly: Momentum Top Divergence Signals Potential Shift Lower 14 days ago
  • You need to login to comment.