Spanish companies Iberdrola has partnered with blockchain company EW Origin to track energy supplies from "generation asset to the point of consumption" for customer Kutxabank. Broadly speaking, it refers to a tamper-proof, distributed digital ledger that records transactions. The project is part of a broader effort by the utility in Spain and elsewhere around Europe to use distributed ledger technology (DLT) to improve its operations and reduce costs.
Spanish companies Iberdrola has partnered with blockchain company EW Origin to track energy supplies from "generation asset to the point of consumption" for customer Kutxabank. The project is part of a broader effort by the utility in Spain and elsewhere around Europe to use distributed ledger technology (DLT) to improve its operations and reduce costs.