Mitsubishi Electric and Tokyo Tech develop blockchain technology to optimize P2P energy trading – BUSINESS WIRE
Mitsubishi Electric and Tokyo Tech develop blockchain technology to optimize P2P energy trading – BUSINESS WIRE
TOKYO – (BUSINESS WIRE) – Mitsubishi Electric Corporation (TOKYO: 6503) and Tokyo Institute of Technology (Tokyo Tech) today announced the joint development of an original blockchain technology to optimize peer-to-peer (P2P) energy trading. The technology is expected to contribute to a more efficient use of surplus electricity from renewables by creating business environments that flexibly…