The energy industry is undergoing a massive transition to decentralized clean energy and smart grid decentralization. Additionally the sector is moving towards the Internet of Everything.
Blockchain entered the energy industry in 2016 to enable the exploration of decentralized energy systems. Due to the technology’s lack of scalability, stakeholders are now exploring alternative distributed ledger technologies beyond traditional blockchains. The IOTA Tangle has now become the focus of these stakeholders. The IF is developing the Tangle as a new standard for and with the industry, enabling smart transformation across the energy sector with this technology.
Last Updated on 16. February 2021