blockchain in energy business
TRANSCRIPT
BLOCKCHAIN IN ENERGY BUSINESS
Piotr KosińskiPowel Tech Meetup
13.12.2016
What is the blockchain technology (tech)
■ Distributed immutable database■ Byzantine fault tolerant system with decentralized
consensus■ Cryptographically secure■ Smart Contract platform■ Public vs Consortium vs Private
What is the blockchain technology (non tech)
■ Technology that can lower the costs■ Middleman cutter■ Trustless transactions■ Smart Property registration■ Enabler for disruption
DECENTRALIZED OR DISTRIBUTED?
https://www.pwc.com/gx/en/industries/assets/pwc-blockchain-opportunity-for-energy-producers-and-consumers.pdf
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http://www.solarpowerportal.co.uk/files/images/Future_Power_System_--_NIC.jpg
Blockchain opportunities
■ Energy demand / supply system■ Peer to peer trading■ Blockchain based billing model■ Smart devices■ Peer to peer lending■ Green certificates■ Distributed file storage
Energy demand and supply systemhttps://www.pwc.com/gx/en/industries/assets/pwc-blockchain-opportunity-for-energy-producers-and-consumers.pdf
Peer to peer trading
http://www.slideshare.net/JohnLilic/transactive-grid?from_action=save
based billing model
■ Mobility■ Dynamic pricing■ Consumers providing service towards power companies■ EV charging■ Self sufficient communities
■ Smart thermostats■ Weather data■ Consumption patterns■ Demand response vs local market■ Real-time measurements
Peer to peer lending
■ Buying a share in solar plant
■ Renting an electrical storage
■ Sharing your EV charging point
■ Crowdsource new green energy investments
certificates
■ Selling energy worldwide■ Energy represented as token
Distributed file storage
■ Centralized storage for metered data■ Today regulations requires to keep the archive for X years
Where are we today with blockchain implementations ?
■ All major players announced investments in blockchain related projects
■ Still very young technology– Ethereum real kickoff about 1 year ago– The DAO hack, hardforking, bugfixing
■ Perhaps the Blockchain is the only working one
■ Can blockchain be hacked ?
Thank you!
Contact
■ Twitter: – @piotrkosinski
■ LinkedIn: – https://www.linkedin.com/in/piotr-kosinski
■ Email: – [email protected]