Vodafone will use IoT to combine energy networks and the Blockchain

Vodafone and Energy Web would like to bring in the energy sector billions of assets on the Blockchain

Vodafone is working together with Energy Web (EW) is a project through which the technology will combine communications companies billion of renewable and distributed energy systems via the “Internet of things” (IoT), and Blockchain-technology networks, and is.

Vodafone Business wishes to reach, by its SIM-centric (SCB) combines technology with Internet-of-things connectivity can be used to create “secure IDs for power plants”. This Energy Web, shared in a on 26. In may 2020, published in media Post.

According to EW, the project would make to the safe and efficient Integration of renewable and distributed systems possible. It is, among other things, and things like solar panels, wind turbines, batteries, or heat pumps, in energy networks

Together, Vodafone and Energy Web will want to reach for energy suppliers is a relief, so that it is simpler and safer DLT-be able to identify energy systems that are simultaneously connected to the power network of a provider. The Partner with share that this is the same technology, the telecommunications operators SIM cards with the aim of the mobile phone-use detection.

The project aims to introduce a Smart Grid System. This should be based on an Internet of Things (IoT) platform from the home. In Parallel, the System is integrated in EMS of a decentralized operating system (EW-DOS).

Erik Brennei, head of the IoT Department at Vodafone Business, attested to, the number of “decentralised low-carbon devices of the latest Generation” had increased enormously.

Brennei also underlined the importance of IoT and Blockchain for the project and the sector as a whole. He adds, Assets of this kind would benefit “location-independent” of secure connectivity.

Such a safe and simple Connections are Sayaka Sugiyama-Unger, opinion, important, as they will ensure that it is made of energy and communication networks easy assets to connect in networks and to manage them.

Energy Web-CEO Walter Kok said, the “Know-how of EW in the areas of energy and decentralization” in combination with Vodafone’s pioneering Internet-of-things infrastructure, the energy sector has rapid growth potential.

The partnership continues the recent efforts of Vodafone, in which the British telecommunications giant made the attempt to optimize its services by means of DLT.

The company has already been in the year 2019 of 20 potential use cases for the revolutionary transformation of the operation by the use of the Blockchain technology. This also includes announcements from the March to a Blockchain module-based Initiative in terms of chain processes of the company.

Vodafone plans to use the boom technology in addition, in the case of projects around the themes of identity and security.

The cooperation of Vodafone and EW gave the EW-Token neat swing on the market on the way. Currently, the EW-Token assigned to the CoinMarketCap list, ranking 2127. Within 24 hours the Token price to put the US Dollar by more than 11 %. The rate of the Token was quoted at 3.12 in US dollars.