- Blockchain will underpin our future energy system
- Blockchain technology can disrupt the energy system and boost energy democracy.
- Blockchain technology has the potential to make distributed grid management easier through “smart contracts”.
- For most of us, we won’t need to struggle to understand the technology, about TCP/IP and HTML once the internet took flight.
- Blockchain technology could also have a direct impact on grid management and storage, and play a central role in the rise of so-called “virtual power plants” – energy-generating resources connected across a smart grid but that aren’t necessarily concentrated in one central location.
Blockchain today might be like the internet in 1993: even though most of us don’t know what it is, a decade from now you will wonder how society ever fun…
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