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Experience what our solutions have to offer with free access to highlights of our data, insights and analysis.
From start-ups to market leaders, access critical company intelligence on a global scale
From industry deep dives to global trends, access authoritative research from our experts
Uncover your next opportunity with trusted data & insights that cut across industries
Discover the disruptive forces shaping tomorrow's world, today
Explore our diverse collection of unique datasets and find the advantage you need
Get clarity into the latest emerging themes with our reports
Blockchain Report, Utilities Technology Report
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.
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.