• Latest
Fujitsu Claims 40% Efficiency Boost for Blockchain Electricity Exchange

Fujitsu Claims 40% Efficiency Boost for Blockchain Electricity Exchange

January 30, 2019
ygg sea surpasses 10,000 scholarships in just six months of launch

YGG SEA Surpasses 10,000 Scholarships in Just Six Months of Launch

May 6, 2022
mintable launches industry changing gas free minting service on ethereum

Mintable Launches Industry Changing Gas Free Minting Service on Ethereum

May 1, 2022
5 projects enabling smart contract development on bitcoin

5 Projects Enabling Smart Contract Development on Bitcoin

April 29, 2022
bitcoin atm installed in mexico's senate building

Bitcoin ATM installed in Mexico’s Senate Building

April 27, 2022
cross chain services play a crucial role in facilitating continued adoption of defi applications

Cross-Chain Services Play a Crucial Role in Facilitating Continued Adoption of DeFi Applications

April 26, 2022
justin sun launches usdd, integrating the blockchain world and the real world with the decentralized stablecoin

Justin Sun Launches USDD, Integrating the Blockchain World and the Real World with the Decentralized Stablecoin

April 25, 2022
nfts: the next musical revolution

NFTs: The Next Musical Revolution

April 24, 2022
things you should know before investing in nfts

Things You Should Know Before Investing in NFTs

April 24, 2022
what are wrapped tokens?

What Are Wrapped Tokens?

April 23, 2022
what is the future of ethereum (eth)?

What is the future of Ethereum (ETH)?

April 22, 2022
green gaming

Everything You Need to Know About Play-to-Earn on Algorand in 2022

April 21, 2022
$ape going bananas as rumors of upcoming land sale of bayc metaverse gather momentum

$APE Going Bananas As Rumors of Upcoming Land Sale of BAYC Metaverse Gather Momentum

April 21, 2022
  • Home
  • Coin Market Cap
  • Bitcoin
  • Ethereum
  • Ripple
  • Litecoin
  • Alt Coin
  • Business
  • Trading
  • Mining
CoinNewsDaily
  • Home
  • Coin Market Cap
  • Bitcoin
  • Ethereum
  • Ripple
  • Litecoin
  • Alt Coin
  • Business
  • Trading
  • Mining
No Result
View All Result
  • Home
  • Coin Market Cap
  • Bitcoin
  • Ethereum
  • Ripple
  • Litecoin
  • Alt Coin
  • Business
  • Trading
  • Mining
No Result
View All Result
CoinNewsDaily
No Result
View All Result
Home Tech

Fujitsu Claims 40% Efficiency Boost for Blockchain Electricity Exchange

coinnewsdaily by coinnewsdaily
January 30, 2019
in Tech
0
Fujitsu Claims 40% Efficiency Boost for Blockchain Electricity Exchange
190
SHARES
1.5k
VIEWS
Share on FacebookShare on Twitter

Related articles

ygg sea surpasses 10,000 scholarships in just six months of launch

YGG SEA Surpasses 10,000 Scholarships in Just Six Months of Launch

May 6, 2022
5 projects enabling smart contract development on bitcoin

5 Projects Enabling Smart Contract Development on Bitcoin

April 29, 2022

Japanese IT giant Fujitsu has developed a blockchain-based system for electricity exchange between enterprise consumers that aims to facilitate a more stable energy supply at peak periods.

Announcing the news on Wednesday, Fujitsu said it had tested the “patent-pending” blockchain system with support from electric power distribution company ENERES and achieved a roughly 40 percent improvement compared to an existing system called demand response (DR).

DR lets electricity consumers help balance the demand and supply of power by reducing or shifting their electricity usage during peak periods and receive incentives in return. But DR needs to be improved, Fujitsu said, explaining that power aggregators – effectively, the energy middlemen – currently interact with electricity consumers on an individual basis to achieve power-saving targets.

Fujitsu’s blockchain-based system, on the other hand, is said to quickly calculate how much energy is available from sellers and match that with available buy orders in order to receive a faster response at peak times.

The firm added that it has built technology that can fulfill the orders without wasting energy.

Fujitsu has built several blockchain-based tools and systems in the recent past. Back in October, the firm developed an inter-bank settlement system using the tech in an attempt to achieve low-cost transfer of smaller transactions.

And, last June, the firm launched a blockchain-based data storage system that can be used by retail merchants to tokenize traditional promotional tools such as coupons and reward points.

Fujitsu image via Shutterstock; Chart courtesy of Fujitsu

Credit: Source link

Tags: Crypto Tech
Share76Tweet48
Previous Post

Ripple CEO at Paris Fintech Forum Hints the biggest Risk in Crypto Market

Next Post

SWIFT Chief Announces Integration With R3 At Paris Fintech Forum

coinnewsdaily

coinnewsdaily

CoinNewsDaily.com is an online Crypto Coin News Website that aims to provide latest trendy news from market and around the world.

Related Posts

ygg sea surpasses 10,000 scholarships in just six months of launch
Alt Coin

YGG SEA Surpasses 10,000 Scholarships in Just Six Months of Launch

May 6, 2022
5 projects enabling smart contract development on bitcoin
Alt Coin

5 Projects Enabling Smart Contract Development on Bitcoin

April 29, 2022
bitcoin atm installed in mexico's senate building
Bitcoin

Bitcoin ATM installed in Mexico’s Senate Building

April 27, 2022
cross chain services play a crucial role in facilitating continued adoption of defi applications
Alt Coin

Cross-Chain Services Play a Crucial Role in Facilitating Continued Adoption of DeFi Applications

April 26, 2022
green gaming
Business

Everything You Need to Know About Play-to-Earn on Algorand in 2022

April 21, 2022
axie infinity: what are the minimum android phone requirements to play on mobile
Alt Coin

Axie Infinity: What Are the Minimum Android Phone Requirements to Play on Mobile

April 21, 2022
Load More
Next Post
SWIFT Chief Announces Integration With R3 At Paris Fintech Forum

SWIFT Chief Announces Integration With R3 At Paris Fintech Forum

Categories

  • Alt Coin
  • Bitcoin
  • Business
  • Ethereum
  • ICO
  • Litecoin
  • Mining
  • NFT
  • Ripple
  • Tech
  • Trading

What New here?

  • YGG SEA Surpasses 10,000 Scholarships in Just Six Months of Launch
  • Mintable Launches Industry Changing Gas Free Minting Service on Ethereum
  • 5 Projects Enabling Smart Contract Development on Bitcoin

Subscribe to Get More!

Loading
  • About Us
  • Contact Us
  • Privacy & Policy

© 2018-2021 CoinNewsDaily.com by CoinNewsDaily Inc. Crafted with Love by iFtiDev

No Result
View All Result
  • Home
  • Coin Market Cap
  • Bitcoin
  • Ethereum
  • Ripple
  • Litecoin
  • Alt Coin
  • Business
  • Trading
  • Mining

© 2018-2021 CoinNewsDaily.com by CoinNewsDaily Inc. Crafted with Love by iFtiDev

  • bitcoinBitcoin(BTC)$20,766.00-0.03%
  • ethereumEthereum(ETH)$1,200.341.19%
  • tetherTether(USDT)$1.00-0.36%
  • binancecoinBNB(BNB)$237.022.19%
  • rippleXRP(XRP)$0.346211-2.15%
  • cardanoCardano(ADA)$0.488316-1.03%
  • SolanaSolana(SOL)$38.37-1.16%
  • dogecoinDogecoin(DOGE)$0.069943-3.88%
  • polkadotPolkadot(DOT)$7.75-1.69%
  • Shiba InuShiba Inu(SHIB)$0.000011-2.45%
  • daiDai(DAI)$1.00-0.08%
  • tronTRON(TRX)$0.066998-1.84%
  • leo-tokenLEO Token(LEO)$5.77-3.06%
  • matic-networkPolygon(MATIC)$0.562.64%
  • litecoinLitecoin(LTC)$55.50-0.72%
  • FTXFTX(FTT)$26.78-0.58%
  • chainlinkChainlink(LINK)$6.802.75%
  • CronosCronos(CRO)$0.1249130.67%
  • OKBOKB(OKB)$12.250.32%
  • stellarStellar(XLM)$0.119113-0.62%
  • algorandAlgorand(ALGO)$0.327502-1.42%
  • cosmosCosmos Hub(ATOM)$7.71-5.72%
  • ethereum-classicEthereum Classic(ETC)$16.37-1.65%
  • moneroMonero(XMR)$121.03-2.95%
  • bitcoin-cashBitcoin Cash(BCH)$110.31-1.76%
  • vechainVeChain(VET)$0.0246680.23%
  • tezosTezos(XTZ)$1.625.87%
  • Internet ComputerInternet Computer(ICP)$5.840.35%
  • theta-tokenTheta Network(THETA)$1.32-0.97%
  • filecoinFilecoin(FIL)$5.77-0.23%
  • ElrondElrond(EGLD)$55.91-1.68%
  • bitcoin-cash-svBitcoin SV(BSV)$58.98-1.92%
  • eosEOS(EOS)$0.990.52%
  • AaveAave(AAVE)$66.794.24%
  • makerMaker(MKR)$1,000.02-0.33%
  • paxos-standardPax Dollar(USDP)$1.000.04%
  • huobi-tokenHuobi(HT)$5.28-0.07%
  • iotaIOTA(MIOTA)$0.288131-1.03%
  • zcashZcash(ZEC)$61.69-4.00%
  • neoNEO(NEO)$9.46-1.60%
  • zilliqaZilliqa(ZIL)$0.043740-2.03%
  • basic-attention-tokenBasic Attention(BAT)$0.390157-0.69%
  • wavesWaves(WAVES)$5.74-4.08%
  • havvenSynthetix Network(SNX)$2.45-7.21%
  • dashDash(DASH)$48.60-1.80%
  • PancakeSwapPancakeSwap(CAKE)$3.350.84%
  • KusamaKusama(KSM)$52.940.02%
  • nemNEM(XEM)$0.0423461.95%
  • Elrond ERDElrond ERD(ERD)$0.0259290.00%
  • CompoundCompound(COMP)$50.240.54%
  • ethlendAave [OLD](LEND)$4.103.48%
  • qtumQtum(QTUM)$3.010.38%
  • bitcoin-goldBitcoin Gold(BTG)$16.98-1.41%
  • omisegoOMG Network(OMG)$1.970.10%
  • golemGolem(GLM)$0.2472930.88%
  • SushiSushi(SUSHI)$1.14-1.51%
  • ontologyOntology(ONT)$0.2481902.38%
  • yearn-financeyearn.finance(YFI)$6,011.39-5.14%
  • umaUMA(UMA)$2.710.88%
  • digibyteDigiByte(DGB)$0.009926-2.49%
  • UniswapUniswap(UNI)$2.4438.80%
Posting....