Review of Blockchain Technology and its Expectations: Case of the Energy Sector
Abstract
This article suggests that the worldwide relevance of blockchain technology is motivated by the changes that it is expected to cause in: (i) the way that business is organised and (ii) regulated, as well as (iii) by the way that it changes the role of individuals within a society. The article presents an overview of the features of blockchain technology. It then takes a closer look into the developments within the energy sector across the world to gain a preliminary indication of whether the stated expectations are coming to reality. As a result of this review, we remain cautiously optimistic that blockchain technology could deliver the expected impact.
- Publication:
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arXiv e-prints
- Pub Date:
- March 2018
- DOI:
- 10.48550/arXiv.1803.03567
- arXiv:
- arXiv:1803.03567
- Bibcode:
- 2018arXiv180303567C
- Keywords:
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- Computer Science - Computers and Society