Blockchain Applications in the Energy Sector

Blockchain Applications in the Energy Sector

A New Data Paradigm Enabling Decentralized Generation

RELEASE DATE
10-Aug-2016
REGION
Global
Research Code: MC92-01-00-00-00
SKU: IT03127-GL-MR_18906
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Description

Blockchains are a new infrastructure layer for data and digital services, which can be deployed between servers, on mobile devices, or with the Internet of Things. Blockchain technology can provide some powerful new capabilities to existing systems or can replace legacy ones. The energy sector has seen significant changes over the past few decades across generation, distribution, storage, and consumption. Blockchains can provide technology solutions to these challenges: data coordination between a myriad devices; a low-friction, automated trading platform; and open access for innovative products and services.

Table of Contents

Key Findings

What are Blockchains?

How Blockchains Work (Simplified)

Cryptocurrencies are a New Model for Digitally-native Assets and Currency

Smart Contracts Enable Advanced Blockchain Applications

Key Blockchain Benefits for Business

Blockchains Reimagine Digital Services

Bitcoin and Blockchain Funding Reaches $1 Billion

Blockchains Address Key Challenges in the Energy Sector

Use Case 1—Energy Trade Networks

Use Case 2—Digital Renewable Energy Credits

Use Case 3—IoT Data Infrastructure

Bitcoin

Ethereum

Consensys

LO3 Energy

Grid

SolarCoin and ElectriCChain

Filament

Energy Sector Strategies for Blockchain Technology

Legal Disclaimer

The Frost & Sullivan Story

Value Proposition: Future of Your Company & Career

Global Perspective

Industry Convergence

360º Research Perspective

Implementation Excellence

Our Blue Ocean Strategy

Blockchains are a new infrastructure layer for data and digital services, which can be deployed between servers, on mobile devices, or with the Internet of Things. Blockchain technology can provide some powerful new capabilities to existing systems or can replace legacy ones. The energy sector has seen significant changes over the past few decades across generation, distribution, storage, and consumption. Blockchains can provide technology solutions to these challenges: data coordination between a myriad devices; a low-friction, automated trading platform; and open access for innovative products and services.
More Information
No Index No
Podcast No
Author Vijay Michalik
Industries Information Technology
WIP Number MC92-01-00-00-00
Is Prebook No