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Siemens, one of the world's most recognized technology and production concerns, has directed its efforts towards renewable energy, using technology blockchain. To this end, the company has established cooperation with a digital platform Swarm - provider of services based on block chains.

Also check: Swarm in cooperation with Mercury FX introduces fiat currency to its platform

Siemens turns to blockchain technology

Siemens, a global technology giant, announced the establishment of cooperation with the Swarm platform, which is a provider of blockchain services.

This cooperation is aimed at supporting the development and implementation of the so-called green energy, i.e. renewable energy, which issue has recently been increasingly addressed in public debates.

Swarm is to focus on developing an effective solution that supports the financing of energy projects implemented in Africa.

The key tool in this case will be the service tokenizacji - Swarm Capital.

Siemens does not disclose detailed information about the new venture yet, but it is certain that another important company on the market turned to blockchain technology.

What do we know about Swarm Capital?

Swarm is a young company because it was founded only last year. Despite this, it has many effective solutions dedicated to the digital securities sector, and among them there are, among others specialized tokenization standards.

This is the latest tool she developed Swarm Capitalthat Siemens will use in its operations.

It is a modular platform based on the Swarm protocol, through which premium class services are provided.

It is a comprehensive solution that all intending companies can use stokenizować your resources.

Blockchain in the energy sector

Blockchain technology is increasingly used in the energy industryas Siemens also saw.

tokenization  in this area it is becoming a more and more common process, and the problem of rational use of energy is more and more often a publicly undertaken topic.

What's more, new solutions are being developed for the implementation of digital solutions in the energy sector, conducive to sustainable development and rational use of energy.

Also check: What is SunContract - an energy trading platform based on blockchain technology?

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