Peer-to-peer energy trading could completely flip the electricity delivery model. But before that arrives, energy companies may use blockchain for less flashy applications, like tracking equipment and building materials through their chain of custody. They may also use distributed ledgers to track individual energy behavior and reward it, eventually developing into new market mechanisms for energy.
Utility PG&E pointed to those examples of earlyblockchainpilots at GTM’s forum on the subject in San Francisco this week. The presentation suggested that early proof-of-concept projects are more likely to succeed at humble, relatively elementary tasks before they win approval for more ambitious, market-altering deployments.
