Energy blockchain applications are expected to generate $19 billion in cumulative revenue over the next decade, reaching an annual market size of $7.7 billion in 2028, which translates to a Compound Annual Growth Rate (CAGR) of 66.9%, according to a Navigant Research. Supply chain transparency, asset financing, proof of origin for power generation, electric vehicle charging and grid integration, and transactive energy are a few areas where the technology is taking root. Most development is at early stage and a number of building blocks need to be put in place before widespread adoption occurs. How much interest does your firm have in blockchain? What do you see as it pluses and minuses?
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