The Landscape of the Block Chain Technology in the Utilities Industry: Ken Research REQUEST FOR SAMPLE REPORT Buy Now Request For sample Report × Report Title Name Email Designation Phone No Comapny Name Comapny URL Country -- Please Select Your Country -- Afganistan Africa Albania Algeria Andorra Angola Anguilla Antigua and Barbuda Argentina Armenia Aruba Asia Australasia Australia Austria Azerbaijan Bahamas Bahrain Bangladesh Barbados Belarus Belgium Belize Benin Bermuda Bhutan Bolivia Bonaire Bosnia Herzegovina Botswana Brazil BRICS British Virgin Islands Brunei Darussalam Bulgaria Burkina Faso Cambodia Cameroon Canada Cape Verde Cayman Islands Central African Republic Central and South America Chad Chile China Colombia Comoros Congo Costa Rica Cote d'Ivoire Croatia Cuba Curacao Cyprus Czech Republic Denmark Djibouti Dominica Dominican Republic Ecuador Egypt El Salvador Equatorial Guinea Eritrea Estonia Ethiopia Europe European Union Falkland Islands Faroe Islands Fiji Finland France French Guiana French Polynesia Gabon Gambia Georgia Germany Ghana Gibraltar Global Great Britain Greece Greenland Grenada Guadeloupe Guam Guatemala Guerney & Alderney Guinea Guinea-Bissau Guyana Haiti Honduras Hong Kong Hungary Iceland India Indonesia Iran Iraq Ireland Isle of Man Israel Italy Ivory Coast Jamaica Japan Jersey Jordan Kazakhstan Kenya Kiribati Kosovo Kuwait Kyrgyzstan Laos Latvia Lebanon Lesotho Liberia Libyan Arab Jamahiriya Liechtenstein Lithuania Luxembourg Macao Macau Macedonia Madagascar Malawi Malaysia Maldives Mali Malta Man (Island of) Marshall Islands Martinique Mauritania Mauritius Mayotte Mexico Micronesia Middle East Minnesota Moldova Monaco Mongolia Monserrat Montenegro Morocco Morroco Mozambique Myanmar Namibia Nepal Netherlands New Caledonia New Zealand Nicaragua Niger Nigeria Niue North America North Korea Norway Oman Pakistan Palau Palestine Panama Papua New Guinea Paraguay Peru Philippines Poland Portugal Puerto Rico Qatar Reunion Romania Russia Rwanda Saint Helena Saint Lucia Saint Martin Saint Pierre and Miquelon Saint Vincent and the Grenadines Samoa Samoa (American) San Marino Sao Tome and Principe Saudi Arabia Scandinavia Senegal Serbia Seychelles Sierra Leone Singapore Sint Maarten Slovakia Slovenia Solomon (Islands) Somalia South Africa South Korea South Sudan Spain Sri Lanka Sudan Suriname Svalbard and Jan Mayen Islands Swaziland Sweden Switzerland Syria Taiwan Tajikistan Tanzania Thailand Timor Leste Togo Tonga Trinidad and Tobago Tunisia Turkey Turkmenistan Turks and Caicos Islands Uganda Ukraine United Arab Emirates United Kingdom United States Uruguay Uzbekistan Vanuatu Vatican City Venezuela Vietnam Virgin Islands Western Sahara Yemen Zambia Zimbabwe Requirement Submit Block chain is nothing but growing list of records which are interconnected via a method known as cryptography. Block chains can also be related to public ledgers which are open to edit by any party. These public records are being widely used in the crypto currency network due to the high level of security that is associated with the block chain technology. One recent and visible trend is the increasing adoption block chain technology in the utilities industry. The block chain has significantly improves its visibility in the block chain industry. The future of the utilities market is going to be very bright, which shall consist of millions of endpoints such as solar devices as well as PV devices, digital customer platforms. In order to ensure quick and hassle free business transactions, security of data exchange shall be essential in an ever changing environment. This is where block chain comes in. In a dynamic landscape, many companies have entered this industry in order to take advantage of the increasing growth rate. According to the study, ‘Blockchain In Utilities – Thematic Research’, some of the companies that provide block chain technology services to the utility industry include Accenture, Cognizant, Credit China FinTech, Goldman Sachs, IBM, Microsoft, Ping An, Santander, Axoni, BitFury,Digital Asset Holdings, Filament, LO3 Energy, R3, Ripple, Slock.it, Grid Singularity, Veridium Labs, Ponton (Enerchain), Power Ledger, Electron, Innogy/E.ON, TenneT and Centrica. There are various benefits that are involved with the use of block chain. The major benefits involved with the use of block chain technology are system transparency as well as data security. A distributed ledger will make it possible for machine to machine learning. One of the big assets that are involved with the block chain that could prove extremely useful in the utilities industry is the certification and traceability. Utilities market is also becoming more and more decentralised as a result of growing importance of this type of distribution channel. Therefore the market that channel that is dominant is the decentralized one. The major problem with centralized distribution channel has also risen due to the increasing adoption of electric vehicles and so are the factors like small and local micro energy micro grids. Increasing the use of technology such as block chain allows for coordination between many players and also facilitates the transfer of information between two conflicting players through the mechanism is smart contracts. Block chain also has the potential to ease out the billing process by reducing the time that is spent on paying these due to a technology called smart metering. Smart metres associated with block chain can be used to create an environment of safety and transparency. The competition landscape of the industry is fragmented with many companies beginning their operations in this industry. However, major achievements with respect to the technology can be associated with big companies which tend to hold a high share in the market. The overall growth rate of the in block chain in the utilities sector has been increasing rapidly especially in the recent years. Although slow however, the growth shall be immense in the future. To know more click on the link below: https://www.kenresearch.com/technology-and-telecom/it-and-ites/blockchain-utilities-thematic/152710-105.html Contact Us: Ken Research Ankur Gupta, Head Marketing & Communications sales@kenresearch.com 0124-4230204 Post Views: 1 Tags: Blockchain Utilities Industry Trends, Blockchain Utilities Market Analysis, Blockchain Utilities Market Forecast, Blockchain Utilities Market Growth, Blockchain Utilities Market Outlook, Blockchain Utilities Market Overview, Blockchain Utilities Market Research Report, Blockchain Utilities Market Revenue, Blockchain Utilities Market Size