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.
Authors Buck Endemann and Ben Tejblum will be in attendance at EUCI’s, “Blockchain Technology for the Energy Sector” Conference in Houston, Texas, from May 8–9, 2018. They will be available to discuss the latest in blockchain.
IN THIS ISSUE
- Energy Web Foundation Is Implementing a Different Consensus Protocol to Reduce Blockchain Electricity Demand.
- Energy Storage Meets Blockchain: Sonnen Joins the NEMoGrid Project.
- Softbank and TEPCO Announce a Blockchain Pilot Program to Reduce Carbon Emissions.
- IOT Group to Re-open an Australian Power Plant to Provide Electricity for Blockchain Companies; Washington Counties Take Divergent Approaches to Cryptocurrency Mining.
To view more information on theses topics in Volume 27 of the Blockchain Energizer, click here.