Market research Future Blockchain in energy industry_PDF | Page 3

Blockchain in energy industry market Research Report- Forecast to 2023
2 Market Overview: -
Blockchain in energy industry consists of five main components, the first being the technology type and
second being the implementation type of technology. Global energy and power players can choose to
implement the technology as service and solution providers, as a testing out phase as development
platforms, can implement them as industry-specific solutions. For instance, a utility provider can choose
their solar generation and distribution services alone to be powered by blockchain technologies to expand
their operational flexibility and engage more customers. To do this, the next component, i.e., which is the
platform type is extremely important. Several blockchain platform types are available with specific
benefits such as increased security, tried and tested platform based and application specific
developments, such as EV charging and payment process. For applications such as this, blockchain
technology in energy industry can also enable customers and suppliers to generate instant contracts, such
as smart contracts that need not be verified by intermediary agencies.
Scope of the Report
This report provides an in-depth analysis of the global blockchain in energy industry market, tracking five
market segments across four geographic regions. The report studies key players, providing a five-year
annual trend analysis that highlights market size, and share for North America, Europe, Asia Pacific
(APAC) and Rest of the World (ROW). The report also provides a forecast, focusing on the market
opportunities for the next five years for each region. The scope of the study segments the blockchain in
energy industry market by its technology type, Platform Type, Implementation type, end-use industry type,
application and by region.
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By Technology Type
Open Blockchain
Closed Blockchain
Consortium Blockchain
Hybrid Blockchain
By Platform Type
Ethereum
Hyper ledger
Tendermint
Interbit
Others
By Implementation Type
As Service and Solution
Development Platforms
Industry Specific
Others
By End-Use Industries
Power & Utilities
Renewable Energy
Oil&Gas
By Application
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