State Grid establishes blockchain technology laboratory

On July 6, the State Grid Corporation’s Blockchain Technology Laboratory was established, People’s Daily reported.

On July 6, the State Grid Corporation’s Blockchain Technology Laboratory was established, People’s Daily reported.

The laboratory will serve the new digital infrastructure of the State Grid and incorporate the blockchain into the Energy Internet technology framework.

It aims to create an open, shared, and innovative blockchain technology laboratory for the entire industry, all fields, and the whole society.

Its focus includes independent innovation of core blockchain technology, industry standard system construction, and intellectual property layout at home and abroad.

State Grid established State Grid Blockchain Technology (Beijing) Co., Ltd., the first state-owned blockchain professional company in August 2019, to carry out R&D and innovative practice of core energy blockchain technology.

In terms of blockchain intellectual property and industry standard construction, it has applied for 40 patents in the field of blockchain.

In terms of blockchain application, it is being applied in ten energy blockchain scenarios such as power trading, new energy cloud, and financial technology.

Disclaimer: This is an article created by Michael Liang for Chinasdg.org. You can find the original article here: https://chinasdg.org/2020/07/08/state-grid-establishes-blockchain-technology-laboratory/.

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