Blockchain – Opportunities in the Energy Sector
The emergence of blockchain and its acceptance among industries has resulted in a paradigm shift from the present centralized architecture to a more decentralized alternative. A number of start-ups in the energy sector are increasingly investing in blockchain technology.
This paper provides an overview of the technology landscape of blockchain and use-cases in the energy sector. It also discusses the evolution of blockchain, its adoption across various energy domains, and benefits and challenges associated with the implementation of a blockchain energy ecosystem.