ComEd, one of the nation’s largest energy delivery companies, announced today it will partner with Xage Security, Inc. to demonstrate how blockchain technology can enhance the security and operational efficiency of electric systems as they integrate distributed energy resources (DER), such as solar, storage, energy efficiency and demand management. Blockchains use multiple servers that operate like decentralized record-keeping and verification systems. “ComEd is investigating how blockchain technology can provide operational and security benefits while enabling the customers and communities we serve to realize their sustainability and resilience goals,” said Terry Donnelly, president and COO, ComEd.

source https://finance.yahoo.com/news/xage-security-comed-demonstrate-blockchain-165200423.html?.tsrc=rss