Blockchain in the Electricity Industry: Six Items to Consider

Sheppard Mullin Richter & Hampton LLP
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Blockchain technology and smart contracts continue to show their potential for disrupting the electric energy industry. Through the use of blockchain, electricity markets could become more decentralized, efficient, transparent and automated. However, blockchain users must have a good understanding of the regulatory landscape in which they will be operating to ensure compliance with applicable laws, and traditional utilities should be aware of the opportunities and pitfalls the technology could pose.

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DISCLAIMER: Because of the generality of this update, the information provided herein may not be applicable in all situations and should not be acted upon without specific legal advice based on particular situations.

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