roduced in collaboration with PricewaterhouseCoopers (PwC), this White Paper looks at the potential of Blockchain Technology for the energy sector. Although blockchain is gaining wide-spread acknowledgement and use in the sector, there are still a number of uncertainties surrounding the technology and a combination of technological, regulatory and other practical challenges could stall its growth.Key questions addressed in the paper include:
- What are blockchain’s opportunities and risks in the energy sector?
- What are the latest updates on pilots, use cases and scalability?
- What are the regulatory obstacles associated with the implementation of blockchain applications and what are the issues to be addressed?
- How will blockchain impact company and state value chain infrastructure related to the energy sector?
The paper draws from interviews with companies and organisations actively involved in blockchain projects in the energy industry from the US, Europe, China, Japan and New Zealand. It is designed to start a dialogue on potential obstacles to the uptake of blockchain and where the technology might be headed.