Think blockchain technology will have a disruptive impact in the next 5 years.
Exchange views on the use of blockchain with other industries.
Think unclear regulation is the greatest barrier to blockchain’s use in the energy sector.
Think blockchain will disrupt the functioning of the industry.
Blockchain has the potential to change the way we arrange, record and verify transactions, with the underlying model shifting away from centralised towards decentralised systems.
The energy sector is one of the industries where blockchain could have the biggest transformative and disruptive impact. But there are a number of uncertainties in the way of blockchain which could limit or even stall its growth including technological, regulatory and other practical challenges.
In this report, prepared in collaboration with the World Energy Council, we outline the findings from interviews with 16 leading organisations from around the globe, probing thoughts on the developing role of blockchain in the energy sector.