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. 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.
EDF Energy, UK Power Reserve, and Electron Complete the First Blockchain-based Capacity Market Trade in the United Kingdom.
Grant County PUD Raises Rates on Cryptocurrency Miners; Chelan County PUD Considers Doing the Same.
Accenture and SAP Collaborate to Design a Cloud-based Blockchain Solution for Upstream Oil and Gas Operations.