Vodafone Working on Connecting Energy Production Devices with Blockchain and IoT

vodafone
  • Vodafone is partnering with Energy Web to work on identifying power generators around the world.
  • Looking to map energy generation capacities, especially solar.

British telecommunications giant Vodafone has announced that it is working on a project to connect billions of power producers around the world with the help of blockchain technology and Internet of Things (IoT) with a strategic partnership with Energy Web (EWT).

According to an announcement from EWT on 26 May, the company will work on SIM centric Blockchain Technologies in partnership with Vodafone, one of the largest SIM manufacturers and operators in the world. The IoT approach will also be used to help impart identity to power generation setups and thus bring them into recognition. According to EWT:

“This means that renewable and distributed assets like wind turbines, batteries, heat pumps, and solar panels can be integrated with energy grids safely and efficiently.”

Vodafone, like other mobile operating giants, has stepped up further research into decentralized systems and real use-cases of blockchain technology. It is also looking to implement it on its extensive supply chain for streamlining operations.

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