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Blockchain In Energy Market Size, Share And Forecast 2019-2025

Blockchain In Energy Market Size, Share And Forecast 2019-2025

Submitted by • June 16, 2020 www.omrglobal.com

Blockchain technology is still in nascent stage however, its benefits laid to its increased adoption in every sector, with energy sector being one of the most potential sectors. In the energy sector, blockchain technology substantially reduces energy inefficiency and inequality and reduces transaction costs and increase the efficiency of exchanges. It facilitates real-time customer utility interactions and offers renewable energy credits to the customer. Blockchain has the capability of managing infrastructure cooperability through high transaction speed and immutability.

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Voted by mansi3210

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