IBM Global Business Services
Energy Transition and Blockchain Hype or Reality
Blockchain is a new pattern in IT that dramatically changes the support of transactions between market participants that form an eco-system or business network. This is particularly of importance for the energy & utility industry that is undergoing major transformation. This transformation leads to more frequent transactions and additional challenges linked to growth of distributed energy resources and number of market participants.
This talk demystifies the applications of blockchain in the energy eco system.
After a brief explanation of blockchain we discuss how innovative energy parties address this new opportunity.
The types of use cases of applying blockchain
The decision model to start a blockchain project
The taxonomy of a blockchain project
Finally, based on the personal experience lessons learned and some of the blockchain projects are briefly discuss.