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Vodafone will connect “billions” of energy-generating devices using a blockchain

May 27, 2020

The global telecommunications giant Vodafone has partnered with the blockchain startup Energy Web (EWT) to connect “billions” of distributed power generation plants via the Internet of Things (IoT) and Distributed Ledger Technology (DLT)..

Energy Web announced and revealed the partnership on May 26th The project will combine SIM-centric DLT with IoT connectivity from Vodafone Business to create “secure identifications for energy systems. “

“This means that distributed and renewable plants such as wind turbines, batteries, heat pumps and solar panels can be safely and efficiently integrated into energy networks,” said Energy Web.

Vodafone will connect “billions” of energy-generating devices using a blockchainVodafone will connect “billions” of energy-generating devices using a blockchain

Vodafone is a leading global provider of IoT with over 100 million connections worldwide. The message appears to have pushed the EWT token, Energy web, to new all-time highs.

Vodafone and Energy Web

Companies will develop a system inspired by the way telecommunications operators use SIM cards to securely identify cell phones for networks to identify and track distributed energy sources.

The smart grid system is supported by Vodafone’s IoT technology and the decentralized Energy Web operating system.

“”We see the convergence of several sectors in realizing the energy transition;; The energy sector, of course, but also the automotive, telecommunications and even the financial sector, “said Walter Kok, CEO of Energy Web.

Erik Brennei, director of Vodafone Business IoT, said: “With the increasing number of low-carbon, decentralized devices of the new generation, the need to connect them securely also increases. regardless of location. “

“This connection must be simple and secure, and ensure that assets can be easily connected to and managed by power and communication networks around the world,” he added.

Vodafone extends DLT exploration

While Vodafone has been dedicated to blockchain technology for many yearsThe introduction of DLT by the telecommunications giant has increased in recent months.

March, Vodafone announced that it has DLT applications for its Supply chainand try to optimize internal processes using blockchain technology.

In 2019 Vodafone identified more than 20 blockchain use cases across all global businesses, including identity, security and digital rights.

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