Using Blockchain to Enable Cleaner, Modern Energy Systems in Emerging Markets
Emerging markets must attract significant international financing to meet their goals for mitigating carbon pollution and increasing access to clean, affordable, reliable, and resilient energy. The authors* of this note examine how blockchain techn...
Main Authors: | , |
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Format: | Brief |
Language: | English |
Published: |
International Finance Corporation, Washington, DC
2019
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Subjects: | |
Online Access: | http://documents.worldbank.org/curated/en/276911547847581837/Using-Blockchain-to-Enable-Cleaner-Modern-Energy-Systems-in-Emerging-Markets http://hdl.handle.net/10986/31200 |
Summary: | Emerging markets must attract
significant international financing to meet their goals for
mitigating carbon pollution and increasing access to clean,
affordable, reliable, and resilient energy. The authors* of
this note examine how blockchain technology can—if paired
with smart, interconnected devices—promote needed
investments by both improving investment processes and
promoting the adoption of modern energy systems and business
models. Given the nascent status of both blockchain
technology and blockchain applications specific to the
energy sector, this note offers guidance to better assess
where and how to apply blockchain technology to achieve a
modern, clean, energy future including in emerging markets. |
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