{"id":194199,"date":"2021-03-04T15:00:00","date_gmt":"2021-03-04T12:00:00","guid":{"rendered":"https:\/\/en.buradabiliyorum.com\/french-utility-giant-pursues-carbon-neutrality-as-hedera-node-operator\/"},"modified":"2021-03-04T15:00:00","modified_gmt":"2021-03-04T12:00:00","slug":"french-utility-giant-pursues-carbon-neutrality-as-hedera-node-operator","status":"publish","type":"post","link":"https:\/\/buradabiliyorum.com\/en\/french-utility-giant-pursues-carbon-neutrality-as-hedera-node-operator\/","title":{"rendered":"# French utility giant pursues carbon neutrality as Hedera node operator"},"content":{"rendered":"

“# French utility giant pursues carbon neutrality as Hedera node operator <\/strong>”
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French utility giant \u00c9lectricit\u00e9 de France has joined the Hedera Governing Council as a node operator. EDF, which is among the top five global utility firms, represents the first from its industry to join the council and will use the technology<\/a> as part of its aim to achieve carbon neutrality by 2050. <\/p>\n

The Hedera network is a public, enterprise-grade blockchain that is owned and governed by private entities. EDF joins the likes of IBM, Google, Boeing as node operators, with each having an equal vote in the future direction of the software. Each member can serve for a maximum three-year term, with the possibility of serving for two consecutive terms. The creator and proprietor of Hedera\u2019s Hashgraph algorithm, Swirlds, retains a permanent seat on the council. <\/p>\n

EDF\u2019s wholly-owned subsidiary, Exaion, which already runs a Tezos (XTZ) node in France, will leverage the Hedera network as part of its blockchain-as-a-service offerings. Hedera\u2019s proof-of-stake network is expected to form the energy-efficient basis of EDF\u2019s exploration into becoming carbon neutral. <\/p>\n

Gilles Deleuze, principal researcher in systems risk assessment at EDF R&D, said distributed ledger technology would spur the development of greenhouse gas certificates, decentralized electricity systems, and more:<\/p>\n

\u201cIn the near future, distributed computing will support increasingly decentralized electrical systems, complex supply chains and exchanges of digital assets, energy certificates, GHG credits, and more. Multiple pieces of the distributed ledger technology ecosystem will form the puzzle pieces that make this vision a reality.\u201d<\/p><\/blockquote>\n

Deleuze said EDF would leverage tokenization on Hedera (the Hedera Token Service) to create a \u201ccarbon offset and credit system\u201d in line with the company\u2019s goal of cutting CO2 emissions.<\/p>\n

\u201cWe believe in partnering with industry leaders like Hedera Hashgraph to explore innovative technologies and organizational modes, build value-creating ecosystems, develop use cases for the energy domain and EDF’s operations, and develop Exaion\u2019s potential to deliver blockchain\/DLT and high-performance computing services,\u201d Deleuze said.<\/p>\n

Lionel Chocron, chief product officer at Hedera Hashgraph, said that the maturation of distributed ledger technologies was pushing companies to explore decentralized solutions, stating:<\/p>\n

\u201cToday\u2019s most forward-thinking organizations recognize that the maturation of distributed computing requires the use of multiple technologies and efforts to deliver on the services their customers want.”<\/p><\/blockquote>\n

The proprietary nature of Hedera lays the foundation for its \u201cno hardfork guarantee,\u201d promising long-term stability for businesses and enterprises which use its technology. In January, Australian payment giant Eftpos\u00a0became a Hedera node operator. More recently, Hedera made inroads to Africa after the continent\u2019s largest bank joined the governing council.<\/p>\n