Toyota, UTokyo and Trende to Test Blockchain-Based Electricity Trading System

The University of Tokyo, Japanese car manufacturer Toyota Motor Corporation and Japanese online renewable energy retailer Trende Inc. plan to jointly conduct tests for a blockchain -powered electricity system. The news was revealed in an official Toyota press release on May 23. The pilot, scheduled for June 17, will reportedly test a peer-to-peer electricity system that allows homes, enterprises and electronic vehicles that are connected to the power grid to trade electricity using blockchain. […]


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