Blockchain in Energy Market Tremendous Growth till 2025 | Power Ledger, WePower UAB, LO3 Energy, BTL Group, The Sun Exchange, Conjoule, Enosi Foundation, Accenture, AWS, Bigchaindb

Global Blockchain in Energy Market valued approximately USD 156.5 million in 2016 is anticipated to grow with a healthy growth rate of more than 82.24% over the forecast period 2018-2025.

Rapidly increasing utilization of blockchain for data management, for tracking financial transactions and financial interactions. It also Provides a secure network for businesses to manage data. Blockchain reduces operational costs and capital expenditure provides better risk management and security. Automation is gaining popularity this days which needs data integrity and security which is driving the growth Global Blockchain in Energy Market.

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Blockchain in Energy Market research report includes analysis of key players in global market, like-

Power Ledger Pty Ltd, WePower UAB, LO3 Energy, Inc., Grid +, BTL Group Ltd., The Sun Exchange (Pty) Ltd., Conjoule GmbH, Enosi Foundation, Electron (Chaddenwych Services Limited)., Accenture, AWS, Bigchaindb, Deloitte, IBM, Infosys, Microsoft, Nodalblock, Oracle, SAP, Enosi, Electron, Drift and so on.

Blockchain refers to a decentralized ledger technology. In the energy sector, it will facilitate people to trade energy among each other. The unused energy is sold to neighboring buildings. While all the buildings are still connected to the grid, transactions are managed and stored on a blockchain. The Blockchain have many uses such as facilitating a peer-to-peer energy trading model, propagation of Distributed Energy Grids (DERs) and other independent renewable energy sources like solar panels, development of cryptocurrencies, Smart utility metering system, Decentralized energy data platform, Supply chain and logistics optimization, Asset Tracking, Bill of Lading, Transfer of Title.

The report is designed to incorporate both qualitative and quantitative aspects of the industry within each of the regions and countries involved in the study. Furthermore, the report also caters the detailed information about the crucial aspects such as driving factors & challenges which will define the future growth of the market. Additionally, the report shall also incorporate available opportunities in micro markets for stakeholders to invest along with the detailed analysis of competitive landscape and product offerings of key players.

Brief Overview of "Global Blockchain in Energy Market" Report with Table of Content @ https://www.premiummarketinsights.com/reports-brc/global-blockchain-in-energy-market-size-study-by-type-by-component-by-end-use-by-application-by-technology-type-and-by-regional-forecasts-2018-2025

The detailed segments and sub-segment of the market are explained below:

By Type:

- Private
- Public

By Component:

- Platform
- Services

By End-Use:

- Power Sector
- Oil & Gas Sector

By Application:

- Grid Management
- Energy Trading
- Government Risk and Compliance Management
- Payment Schemes
- Supply Chain Management
- Others

By Technology Type:

- Open Blockchain
- Closed Blockchain
- Consortium Blockchain
- Hybrid Blockchain

By Regions:
- North America
o U.S.
o Canada
- Europe
o UK
o Germany
- Asia Pacific
o China
o India
o Japan
- Latin America
o Brazil
o Mexico
- Rest of the World

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