There is a lot of buzz around blockchain technology and its potential to revolutionize a wide range of industries from finance and health care to real estate and supply chain management. Reports estimate that over $4.5 billion was invested in blockchain startups in 2017 alone, and many institutions and companies are forming partnerships to explore how blockchain ledgers and smart contracts can be deployed to manage and share data, create transactional efficiencies, and reduce costs.
While virtual currencies and blockchain technology in the financial services industry have been the subject of significant debate and discussion, blockchain applications that could transform the energy industry have received comparatively less attention. Every other week, the K&L Gates’ Blockchain Energizer will highlight emerging issues or stories relating to the use of blockchain technology in the energy space. To subscribe to the Blockchain Energizer newsletter, please click here.
IN THIS ISSUE
- Chile’s National Energy Commission Adopting Blockchain to Improve Data Integrity of Energy Information
- Electrify Raises $30 Million Through a Digital Token Sale; Will Expand into Southeast Asia
- Pemex Announces Plans to Implement Blockchain for Its Supply Chain
To view more information on theses topics in Volume 24 of the Blockchain Energizer, click here.