Blockchain is a transformative technology that can fundamentally enable a new digital information and communications system that is equitable and digitally more secure than any preceding technology. It is starting to play a key role in financial services, and other industries are following a similar trend. According to the World Economic forum, Blockchain, also referred to as Distributed Ledger Technology, has the potential to “live up to the hype”, but it will require patience and collaboration to be successfully implemented.
% Cost Reduction
Energy Use Cases
Year by year
The market for Blockchain technology is growing and its adoption is inreasing by the month.
2021: 2,312 M
2020: 1,430 M
2019: 885 M
2018: 548 M
Energy Blockchain Consortium?
The use of Blockchain technology in the Energy and Utilities industry can be transformative. Energy Blockchain is the use of Blockchain technology in the Energy industry and it can be implemented for many use cases.
The Energy Blockchain Consortium is the first and only Energy specific consortium that addresses Energy problems and solutions based upon an open architecture approach. The Consortium is neither owned by any for-profit company, nor is it developing any technology that is not open. All the work in the Consortium can be used by members for commercialization.
A Consortium provides an equitable environment where peers and competitors can work side by side and collaborate with each other.
Collaborate with a peer-community of like minded people and blockchain experts — get hands-on experience and learn with experts. This reduces risk.