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 discussions, 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.
Our inaugural edition features:
- The Brooklyn Microgrid – Powered by Blockchain
- Share & Charge – A Blockchain-based Electric Vehicle Charging Marketplace
- ING and Societe Generale Contemplate Blockchain-powered LNG Trading
To view more information on theses topics in our first edition of The Blockchain Energizer, click here.
To subscribe to subsequent bi-weekly alerts, please contact Alé Simmons.