An executive summary has been launched by WEC and PwC at the World Energy Week in Lisbon, Portugal. The paper analyzes the development of blockchain in the energy sector. Folker Trepte, Partner, PwC Germany led the debate on the future impact of blockchain technology on the energy sector.
Blockchain: What is it and what is the potential for the energy sector? A new word is being talked about in boardrooms and ministries around the world, but do we really understand the potential of this disruptive technology? 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?
Key messages of the white paper are: