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Blockchain Report, Utilities Technology Report

Blockchain in Utilities - Thematc Research

Utilities companies are seeing exponential benefits in blockchain technology

Blockchain Technology is sometimes referred to as “distributed ledger technology” (DLT). As a result of a growing reliance on distributed generation, storage, and flexibility services, utilities are becoming more decentralized. One challenge to the centralized model of utilities is the growth of electric vehicles.

Utilities are increasingly seeing blockchain facilitating coordination between the players with conflicting interest and allowing the exchange of value and information between them.

  • What you will discover...
  • Find out what the blockchain trends are in the utilities industry
  • Discover the blockchain value chain by use case
  • Find out what the fundamental technical challenges of distributed ledger technology are
  • What is the impact of blockchain on utilities
  • Analysis of companies operating in the industry

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Blockchain technology has the potential to fulfil an important role in the industry's shift away from centralization

Blockchain start-ups developing energy applications were second only to FinTech and payment companies in terms of the level of investment they attracted in 2017 (mostly through initial coin offerings – ICOs). This demonstrates the interest in such applications, and bodes well for growth in the sector.

Utilize GlobalData’s latest report to learn more about the trends on how blockchain technology is being or will be applied in the utilities industry.

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