Energy industry

The energy industry is one of those that has great potential for being disrupted by blockchain in the next year. Over the past year, roughly 120 energy-related blockchain start-ups were formed and collectively raised a total of $324 million. These companies are exploring the cost-saving benefits of blockchain technology. Moreover, these companies are forming consortiums to discuss future applications instead of building something custom on their own with the added risk of building the same solution. Most companies are focusing on two realms in which to innovate with blockchain technology: the electricity grid and incumbent commodities such as oil and gas. Some good research papers can be found at: https://www.pwc.com/gx/en/industries/assets/blockchain-technology-in-energy.pdf ...

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