Blockchain in energy market to witness more than 50% growth from 2019 to 2025.

Blockchain technology with abstract background - 3D Rendering - Illustration

Global Market Insights forecast revenue generation within the market to hit $3 billion by 2025.

Factors driving market growth include:

  • Increased loads from influx of electric vehicles
  • Burgeoning number of smart appliances along with a growing share of variable distributed generation in the grids
  • The introduction and implementation of various programmes to accelerate the blockchain adoption
  • Enhanced government emphasis toward improving energy efficiency, privacy, interoperability and cybersecurity

Learn more about these factors by reading the full article.

Source: Smart Energy International

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