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Blockchain Technology in the Energy Industry, 2019 Report - Digitalization, Decentralization, and Decarbonization are Steering the TransformationDUBLIN, Dec. 2, 2019 /PRNewswire/ -- The "Blockchain Technology in the Energy Industry" report has been added to ResearchAndMarkets.com's offering. The architecture of the global energy market is changing. The market model is transforming from highly centralized power distribution into decentralized, distributed energy management enabled by intelligent software and new approaches to data management. Three trends - digitalization, decentralization, and decarbonization - are steering the transformation. Over the past few years, industry stakeholders, utilities, energy service companies, and information and communication technology companies in the energy market have taken great interest in blockchain technologies and are investing heavily in reearch and development related to verifying and recording finance transactions. Blockchains are primarily designed to facilitate distributed transactions by removing the central point of authority. The potential of blockchain technology in the energy industry has just started to be realized, evident by the increasing number of blockchain start-ups involved in R&D and pilot projects. Blockchain technology here remains in its infancy but is slowly growing. Beyond 2020, the energy market is expected to witness more blockchain projects coming online. The report reveals the market positioning of companies in an industry using their Growth and Innovation scores as highlighted in the Radar methodology. The document presents competitive profiles on each of the companies in the Radar based on their strengths, opportunities, and a small discussion on their positioning. The report analyzes hundreds of companies in the industry and benchmarks them across 10 criteria on the Radar, where the leading companies in the industry are then positioned. Industry leaders on both the Growth and Innovation indices are recognized as best practice recipients. The companies included in this Radar are LO3 Energy, Power Ledger, WePower, Grid+, Electron, Ponton, Veridium Labs, Grid Singularity, The Sun Exchange, Energy Web Foundation, Greeneum, and Prosume. 1. Industry Overview
3. C2A - Market Participant Profiles
4. The Last Word For more information about this report visit https://www.researchandmarkets.com/r/o8if0c Research and Markets also offers Custom Research services providing focused, comprehensive and tailored research. Media Contact: Research and Markets View original content:http://www.prnewswire.com/news-releases/blockchain-technology-in-the-energy-industry-2019-report---digitalization-decentralization-and-decarbonization-are-steering-the-transformation-300967248.html SOURCE Research and Markets |