EXXETA Energy

Blog

EXXETA at the BDEW Forum “Blockchain – an opportunity for the energy industry”

|
Energy IT|Innovation

So far it is not possible to estimate the future impact and business models of Blockchain technology. On March 30 2017 two EXXETA colleagues traveled to Frankfurt/ Main to attend the BDEW Forum “Blockchain – an opportunity for the energy industry” to discuss with other participants on viable business models with the Blockchain technology in the energy industry.

Blockchain: Applications in the Energy Sector

In the first part of our report on blockchain, we claimed that the blockchain is an innovative technology that allows users to perform direct, fast, and forgery-proof transactions. While there are already some wellknown commercial applications in the financial sector, the use of Blockchains in other sectors, such as energy has so far been limited to a few pilot projects.