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]
  • Will Introduction of the Stablecoin Act Trigger a Financial Tsunami? 11 hours ago
  • Trump Just Opened the Floodgates: What Happens When $9 Trillion in Retirement Money Hit... 3 days ago
  • US Crypto Stash Shock: Marshals' Low BTC Count Fuels 'Secret Sale' Debate, Ignites Buyb... 4 days ago
  • Mini Altcoin Season Brewing? Old Guard's Rally Signals Potential Shift 6 days ago
  • New All-Time High for BTC: Weekly Market Outlook & Strategy 7 days ago
  • You need to login to comment.