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World's Fifth-Largest Electrical Company Is Using an Ethereum Dapp

May 15, 2019😶Neutral

EDF, the fifth largest electrical utility company with a $33 billion market cap, has launched its visual simulator software GPUSPH on iExec, a decentralized application that operates on ethereum mainnet.

But perhaps one of the most pressing problems ethereum faces is that it doesn’t scale well, at least not yet. But iExec argues they’ve come around with their own scaling solution to at least ensure their dapp is scalable.

"The heavy computing is done off-chain and does not overwhelm ethereum. Afterward, blockchain is used to reach a consensus on the validity of computation’s results. A hash of this result is stored on the blockchain,” Cabelguen said.

That said, EDF thinks the technology is worth exploring.

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