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Blockchain for Power Utilities: A View on Capabilities and adoption Blockchain networks promise to improve process efficiencies, reduce IT costs and elevate trust across the value chain for utilities that pilot new business models pivoting around shared infrastructure and collaborative 2018 DIGITAL SYSTEMS & TECHNOLOGY2 EXECUTIVE SUMMARYThe utilities landscape is evolving into a distributed and smart power grid. Customers (both residential and business) are leading initiatives toward distributed power generation. Simultaneously, utilities are investing in smart meters and upgrading grid infrastructures to turn the distributed and smart power grid into a reality.
Blockchain for Power Utilities: A View on Capabilities and Adoption | 5 Digital Systems & Technology EXPLORING THE RELEVANCE OF BLOCKCHAIN FOR UTILITY
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