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Blockchain in Utilities-Thematic Research | Accenture, Cognizant, Credit China FinTech, Goldman Sachs, IBM, Microsoft, Ping An, Santander

03-22-2019 12:50 PM CET | Business, Economy, Finances, Banking & Insurance

Press release from: ReportsWeb

ReportsWeb

ReportsWeb

Blockchain in Utilities-Thematic Research

Blockchain and its associated technologies, burst into the public consciousness in 2015 after a relatively slow build-up spanning several years. In the course of 2016 and 2017 blockchain reached "peak snake-oil" with increasingly outlandish claims made about its capabilities and benefits. In the coming two years, followers of blockchain are set to either have their hopes disappointed or their scepticism confirmed.

Blockchain technology, often referred to as "distributed ledger technology" (or DLT) is a means by which the participants in a distributed network can each maintain a copy of an immutable ledger of transactions, and where transactions can be executed without the need for a single, central, coordinating authority.

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Companies Profiled in this report includes: Accenture, Cognizant, Credit China FinTech, Goldman Sachs, IBM, Microsoft, Ping An, Santander, Axoni, BitFury, Digital Asset Holdings, Filament, LO3 Energy., R3, Ripple, Slock.it, Grid Singularity, Veridium Labs, Ponton (Enerchain), Power Ledger, Electron, Innogy/E.ON, TenneT, Centrica

Utilities are becoming more decentralized, as a result of a growing reliance on distributed generation, storage, and flexibility services by customers and other industry participants. The growth in electric vehicles is also posing a challenge to the centralized model of utilities, as is the rise of small local and municipal energy systems and microgrids. Increasingly, utilities are seeing the potential of blockchain to allow coordination between these many players with conflicting interests, and facilitate the exchange of information and value between them through mechanisms like smart contracts.

Scope

-The report elaborates on the impact of blockchain on utilities.

-It analyses the cost and complexity of implementing blockchain solutions.

-It identifies the current leaders in blockchain technology, and companies which look vulnerable.

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Reasons to buy

-The report highlights some of the key players in the blockchain industry.

-It discusses some of the key trends in blockchain technology, also referred to in the report as "distributed ledger technology" (or DLT).

-The report also analyses the blockchain value chain by use case.

-It offers an industry analysis, including DLT and the concept of "trust", the prospects of commercial blockchains, the fundamental technical challenges, and their primary use cases.

-The report also discusses the impact of blockchain on utilities and offers a technology briefing as to how the technology works and how it has developed over the last decade.

Table of Content:

PLAYERS 4

TRENDS 5

Blockchain industry trends 5

Blockchain use case trends 6

Blockchain trends in the utilities industry 7

VALUE CHAIN 9

Asset registries 10

Financial services platforms 11

Industrial platforms 12

INDUSTRY ANALYSIS 13

Background 13

DLT and the concept of "trust" 14

Permissioned DLT networks insert a degree of trust into the equation 14

Commercial blockchains are at least five years away 14

DLT faces several fundamental technical challenges 15

What are the primary use cases for blockchain technology-15

Logistics 16

Healthcare 16

Land registries 16

Digital fiat currencies 17

Smart grid 17

Commodity trading 18

Mergers and acquisitions 19

Timeline 20

IMPACT OF BLOCKCHAIN ON UTILITIES 22

Utilities case studies 22

Key recommendations for utilities 23

Key recommendations for IT vendors 24

COMPANIES SECTION 25

Public tech and financial services companies 25

Private tech companies 27

Utility companies 29

TECHNOLOGY BRIEFING 30

How has blockchain technology developed over the last decade-30

How does blockchain work-31

GLOSSARY 32

APPENDIX: OUR "THEMATIC" RESEARCH METHODOLOGY 35

Complete Report: https://www.reportsweb.com/buy&RW00012162513/buy/1950

Contact Info:
Name: Sameer Joshi
Email: sales@reportsweb.com
Company Name: ReportsWeb
Website: Reportsweb.com

Phone: +1-646-491-9876

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About ReportsWeb:                   

ReportsWeb.com is a one stop shop of Market research reports and solutions to various companies across the globe. We help our clients in their decision support system by helping them choose most relevant and cost effective research reports and solutions from various publishers. We provide best in class customer service and our customer support team is always available to help you on your research queries.

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