Siemens partnered with a blockchain energy platform

The company Energy Web Foundation (EWF) will promote together with the German company the use of blockchain technology

The German company Siemens signed a commercial alliance with an energy platform that is driven through blockchain technology.

Siemens was commissioned to make the announcement through a statement, which detailed that the division of Energy Administration and Energy Generation Services joined the company Energy Web Foundation (EWF).

The representatives of Siemens handle the theory that the block chain will help promote interoperability within the sector, thanks to the linking of consumers with energy suppliers.

On the other hand, the German company has already started to use blockchain technology in conjunction with micro-grid control solutions to optimize control over energy consumption.

At present, there are many companies that have included blockchain technology within their operations aimed at obtaining a secure way to track specific information.

K. Tovar

Source: Cointelegraph

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