03-15-2019 07:20 PM CET - Energy & Environment

Blockchain in energy is expected to increase more than USD 5,000 Mn In upcoming forecast 2019|Global Analysis, Business Strategy, Emerging Technologies, Development Status, Regional Trends and Industry Analysis

Press release from: Research N Reports
Blockchain in Energy Market
Blockchain in Energy Market

The average American spends at least 10 minutes a year thinking about their electric bill, so automated trading through blockchain technology could be valuable. For example, residential customers could set their preferences for the price at which they would be willing to buy surplus power from, say, their neighbor’s solar system or a community wind farm, instead of the utility grid. They could set this and other preferences via an app, which would then be translated into smart contracts on the blockchain.

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The major market players in the Blockchain in Energy market include
Drift, Grid+, Electron, ImpactPPA, MyBit, SolarCoin, Veridium Labs, Conjoule, Greeneum, Grid Singularity, Energy Web Foundation, LO3 Energy, Power Ledger, Sun Exchange, and WePower, among others.
Blockchain-based energy platform, Swytch is working with aggregated energy trading Energy2market GmbH (e2m) to power homes in Germany with renewable energy while rewarding users with tokens. The larger-scale pilot program aims to distribute roughly 3.5 GW of wind, solar, wind, hydro and biogas power capacity, which is enough to power over 500,000 homes. As part of the large-scale pilot, Swytch is testing its first versions of the data flow, blockchain, dashboard, estimators, token allocation models, and other key parts of the platform

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Key questions answered through this research report:
• What will the growth rate and market size in the market forecast period?
• Which factors are responsible for driving the global market?
• What are the challenges in front of the global market?
• What are the global market opportunities for expanding businesses?
• What are the key outcomes of industry analysis techniques?
• Who are the key vendors of the global Blockchain in Energy market?
• What are the trending factors influencing on the global market?
Additionally, it throws light on rising opportunities across the global market space. It includes several regions such as North America, Latin America, Middle East, Asia-Pacific, Africa, and Europe. Furthermore, it offers global market demand in the developing and developed countries such as Blockchain in Energy The strategic and complex business decisions have been taken with the help of this informative report.

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Global Blockchain in Energy Market: Regional Segment Analysis
North America
Southeast Asia

About Research N Reports:

Research N Reports is a new age market research firm where we focus on providing information that can be effectively applied. Today being a consumer-driven market, companies require information to deal with the complex and dynamic world of choices. Where relying on a soundboard firm for your decisions becomes crucial. Research N Reports specializes in industry analysis, market forecasts and as a result getting quality reports covering all verticals, whether be it gaining perspective on current market conditions or being ahead in the cut throat Global competition. Since we excel at business research to help businesses grow, we also offer consulting as an extended arm to our services which only helps us gain more insight into current trends and problems. Consequently we keep evolving as an all-rounder provider of viable information under one roof.

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(Sales Manager),
(Research N Reports)
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