Blockchain in Energy Market, predicted to grow at more than 29% by 2023 :
Pune, India, May, 2018 /MRFR Press Release/- The Blockchain in Energy Industry market is expected to grow at ~ 29% CAGR during the period 2018 to 2023.
According to the new market research report "Blockchain in Energy Market by Type (Private, Public), Component (Platform, Services), End-user (Power, Oil & Gas), Application (Energy Trading, Grid Management, Payment Schemes, Supply Chain Management), and Region - Global Forecast to 2023", published by MarketsandMarkets™, The blockchain in energy market is ... Read more
The blockchain in energy market is expected to grow from an estimated USD 394.3 million in 2018 to USD 7,110.1 million by 2023, at a CAGR of 78.32%. Increasing popularity of the blockchain technology in the energy sector and the rising security concerns across the globe are likely to drive the blockchain in energy market.
The services segment led the blockchain in energy market in 2017, as ... Read more
Blockchain is a decentralized ledger technology that can be applied to the energy sector. In the energy sector, blockchain enables the trading of energy. Blockchain is expected to enable a fundamental shift in the distribution of energy.
Blockchain technology, when attached to a crypto currency, allows public members to trade freely and encrypts all transactions in a virtually unbreakable ... Read more
