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Digital Transformation DIGITAL TRANSFORMATION

Blockchain Project: Électricité de France REC Management Program

Électricité de France (EDF) has piloted an automated renewable energy credits (REC) Management Program using Hedera Guardian, REDEX, a leading RECs solutions provider, and Rekursive Labs, a specialist in Web3 distributed ledger technology (DLT) enterprise solutions.

For this project, Rekursive provided an API wrapper for the Hedera hashgraph which records EDF's REC redemption activities cryptographically. So, EDF calls the REDEX API for REC redemption, retirement and other activity, and the wrapper that Recursive provided provided a call to Hedera hashgraph which recorded and made it traceable in the transaction record of hashgraph.

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ESGEnergySustainabilityOil & Gas
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Project Milestone
Blockchain Journal's curated lists of project milestones are designed to help readers approximate each project's timeline and may not be inclusive of every step in its journey.
Milestone TitleDate of MilestoneTypeNFT DropSources
EDF, REDEX, and Rekursive Labs Launch Blockchain-Based Renewable Energy Certificate Recording ProjectDigital TransformationNovember 29, 2023Proof of Concept (Beta)reference iconreference iconreference icon
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