Blockchain in the power sector4 min read 23 May 2018, 06:58 AM IST
Blockchain has the potential to disrupt the existing value chain for power utilities and fulfil the future vision of a distributed energy-sharing economy
Man has always pondered on nature and made endeavours to learn from its principles. Aeroplanes were inspired by birds, bullet trains by the kingfisher, sonar by dolphins, and robots were designed to mimic humans themselves. We often tend to look up to nature to find solutions for simple yet complex problems. One such example that has been inspired by microbes and is proving to be a solution for numerous problems is the distributed ledger technology (DLT), popularly known as blockchain.
Select your Category