Deutsche Energie-Agentur, also known as DENA – the most important government group responsible for energy innovation in Germany – seeks to move its energy system to a decentralized database.

“When the infrastructure can not be stopped – when the lights have to be on – the systems they use have to be flexible, and decentralized technologies make it happen,” Peter Morrick, head of PR at Parity Technologies, told Cointelegraph. Parity Technologies is one of the companies participating in the DENA project. Morrick added:

The concept of small grids – less decentralized power systems for increased flexibility in energy production, storage and distribution – has been the focus of the energy industry for many years, so we should not be surprised to learn similar decentralized approaches across the energy sector. market “.

In collaboration with over 20 other cryptocurrency and blockchain devices, Energy Web will create a distributed energy resource database for Germany as requested by DENA, a blog post dated October 13 on Energy Web with details and additions:

– The project will allow energy supplies in Germany, such as thermostats, photovoltaic systems, batteries and charging stations for electric vehicles, to be automatically registered in a decentralized identity card register, which allows them to be used in the German network for a variety of services such as virtual power plants and frequency control. “.

The German Energy Innovation Pavilion, together with Energy Web and several blockchain and cryptocurrency companies, will mainly digitize the country’s energy system by storing the necessary components in a decentralized database.

Philip Richard, senior DENA official, explained in his post that the investment faces remaining obstacles in terms of project development, although blockchain-based digital IDs (which are currently being tested) appear to be favorable.

Energy Web blockchain-based decentralized operating system, called EW-DOS, is designed for the next generation of green energy systems as a core component of a new decentralized database test model.

However, the project plans to use several blockchains and includes KILT and Parity Substrate protocol technology, which allegedly come from BOTLabs and Parity Technologies, respectively.

“As a blockchain core infrastructure company, we are excited to work closely with Energy Web and our partners to implement this solution for DENA using Substrate, the blockchain building framework we created for Polkadot,” said Morrick. Polkadot has gained a lot of prominence in the crypto space in recent weeks, as it has witnessed a sharp increase in DOT asset prices.

The new project follows the creation of the Future Energy Lab, recently announced by DENA. The project aims to develop three initiatives – “Blockchain Machine Identifier Recording (BMIL), Carbon Emissions Visualization and Smart Contract Evaluation,” as stated in the post.

Source: CoinTelegraph

LEAVE A REPLY