The Role of Blockchain Technologies in Power Markets
Blockchain technologies offer an exciting opportunity for balancing demand and supply in decentralized trading systems. Their rise has coincided with power systems becoming more decentralized and a world in which consumers can collectively control quite large energy sources. Blockchain technology helps the transition of Consumers to Prosumers and it also contributes to Demand Side Management as well. It offers the opportunity for consumers to trade their power sources and their load effectively with the potential to reduce their energy costs. Read More