“Danish transmission system operator (TSO) Energinet has signed a Memorandum of Understanding with IOTA in order to utilize the Tangle. The partnership could be a stepping stone to Denmark’s full transition to green energy.
Facing the IoT disruption
Energinet, which is owned by the Danish Ministry of Energy, is an independent enterprise that is responsible for the security of the supply of electricity and gas in Denmark. As of late, Energinet started experimenting with such nascent technology as Blockchain and the Internet of Things (IoT) in order to increase its reliance on renewable sources of energy. IOTA, a project that is specifically focused on building a distributed ledger for the IoT, was the first Blockchain-powered startup that caught the eye of the Danish energy giant…”