🔗TEPCO looks to the transformative potential of blockchain by investing in Electron, a UK energy technology company
The Tokyo Electric Power Company (TEPCO) has invested in blockchain startup Electron.
The Japanese energy giant announced it had invested in the U.K. startup at the end of last year, according to a press release published on Friday.
The two companies say they plan to develop uses of the tech around energy distribution, with the goal of creating a more efficient and reliable infrastructure.
Shin-ichiro Kengaku, TEPCO’s managing executive officer and chief of global innovation and investments, said in a statement: