Blockchain for Energy

Blockchain for Energy

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Blockchain technology in the energy market is predicted to hike from USD 200 million in 2018 to around USD 18 billion by 2025. (Global Market Insights Inc).
Improving efficiencies for power grid utility providers and wholesale electricity distribution is seen as the most promising use of blockchain. This covers grid decentralization, Peer-to-Peer energy trading and electricity data management. Blockchain also offers opportunities for new business models with real-time data management in energy markets, carbon credits trade, renewable energy certificates etc. In oil and gas, IOCs can better secure privacy and trade secrets giving selective access to data to pre-approved parties whether in exploration, refining, transport or trade.  The complex activity of oil trade also benefits from Blockchain where a complex network of refiners, tankers, governments, and regulatory bodies etc. can share information and remove process inefficiencies. 

Energy Speakers

TIMELINE LAYOUT

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    • Energy
    Opening remarks by chairperson
    • Energy
    The Internet of Energy takes Flight
    The opening of an IoE development hub in The Netherlands with AI- and DLT solutions across coalitions to operate tomorrow’s energy system. 
    • Energy
    Applying blockchain as a trust layer in Veracruz port community system proof of concept
    The first port in the Americas to implement blockchain applications for security and efficiency
    • Energy
    Linking up Crude trading in the North Sea: Blockchain and the Future of Energy Trading
    Societe Generale particaipated in the launch of the crude trading platform VAKT in 2019 alongside stakeholders Shell and BP. The system digitizes and centralizes the logistics of the deal documentatio ...
    • Energy
    The Business Opportunities of Electrical Vehicle Charging with Blockchain
    By introducing blockchain technology, individual home owners and car owners use credits to charge their EVs. Homeowners can install, own and earn revenue by letting other EV owners charge using their ...
    • Energy
    Blockchain fueling peer to peer energy trading, helping climate change issues and reducing cost
    Cutting out the middle man and connecting end users to the grid, and then directly selling to an end user using cryptocurrency - the true decentralisation of energy trading
    • Energy
    Digital Transformation of utilities through electricity, data management and wholesale electricity distribution
    Increasing interconnection and digitalization in the energy market, blockchain is seen as the solution to enhance process efficiency, flexibility, and lead time reduction. As power and utilities compa ...
    • Energy
    Advanced Blockchain Implementation Strategies and Operation in Oil & Gas Presentations and Panel Discussions by NOCs and IOCs.
    • Energy
    Blockchain - The Islamic Finance Ally
    Blockchain offers an ideal solution for Islamic bankers because it reduces costs involved in transactions and processes

CUSTOM LAYOUT

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