More than Half German Utilities Carrying Out or Planning Blockchain Pilots

February 22, 2017  | Andrew Burger| Energy Central

Our synopsis of the first Energy and Blockchain conference in Vienna was featured in Energy Central. The piece also highlighted the launch of our dedicated blockchain resource center and analysis of the impact of the technology on the utility business model.

The potential impact of blockchain on utility business models was a focal point, according to Indigo Advisory, a power-energy management consultancy.  All the activity has led utility and energy industry participants to join and pool their resources in an attempt to resolve prospective blockchain opportunities and challenges. Indigo Advisory, for example, has “created a dedicated resource center that tracks applications of blockchain technology in the industry.” Groarke and Indigo also offer a graphical take on blockchain’s potential impact on traditional utility processes and functions. It pretty much encompasses every aspect of traditional utility organizational models.

To read the full article in Energy Central, click here.