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Enel Tokenizes Solar Panels on Algorand Blockchain

Original: Enel Group Tokenizes Solar Panels on Algorand, Boosting

Italian energy giant Enel Group has tokenized solar panels on the Algorand blockchain, according to a report circulating in crypto news outlets. The move would let the company represent solar assets digitally, potentially improving tracking, financing and investment in renewable energy infrastructure. Details on the scale of the tokenization and its practical use remain limited, but the story is drawing attention from both energy and crypto observers.

Why now: A major utility adopting blockchain for renewable energy assets is a notable signal for both the energy and crypto sectors.

Enel GroupAlgorand

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