Tag:Africa

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K&L Gates Blockchain Energizer – Volume 3
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World Bank Publishes New Findings on Doing Business in Africa

K&L Gates Blockchain Energizer – Volume 3

A bi-weekly update on applications of blockchain technology in the energy industry

By Molly Suda, Buck B. Endemann, and Benjamin L. Tejblum                   

There is a lot of buzz around blockchain technology and its potential to revolutionize a wide range of industries from finance and healthcare to real estate and supply chain management. Reports estimate that over $1.4 billion was invested in blockchain startups in 2016 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.

IN THIS ISSUE

  • Blockchain-Powered Crowdfunding Brings Solar Energy to Africa
  • Illinois Considering Blockchain Technology to Streamline Government Programs
  • Arizona Paves the Way for Smart Contracts

To view more information on theses topics in Volume 3 of The Blockchain Energizer, click here.

 

World Bank Publishes New Findings on Doing Business in Africa

President Obama’s Power Africa Plan, ongoing energy procurements and other developments have made Africa an increasingly attractive market for developers of energy projects.  For energy companies that are doing business in Africa or are considering developing a project in an African country, the latest K&L Gates Africa Legal Insight offers a review of the World Bank’s new findings on the subject. Read More

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