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Unblocking the Blockchain: Innovations Revolutionizing the Energy and Industrial Sectors

Unblocking the Blockchain: Innovations Revolutionizing the Energy and Industrial Sectors

The rising demand for faster and secure payments by banks and end-users along with full transparency has made Blockchain one of the fastest growing technology market in the world. Banks are investing heavily in R&D activity related to verifying and recording finance transactions. Also, major US technology companies such as IBM, Microsoft, and startup innovators are developing Blockchain-based services and applications, thereby driving the global Blockchain development market.

Blockchain technology is positioned to meet the increasingly complex demands of the digital-first future through smart contract capabilities, middlemen elimination and provenance and consensus on all transactions. Blockchain greatly reduces transaction costs by eliminating middlemen along the supply chain. This is a key factor that will drive the adoption of this technology across all industries. Blockchain is capable of resolving issues prevalent across industry sectors by introducing Blockchain-based micro payments and contract pricing models, thereby eliminating the transaction cost.

In brief, this research service covers the following points:
Blockchain– An overview
Drivers and challenges for Blockchain adoption
Blockchain-based Energy and Industrial Applications and its impact
Use case by Energy and Industrial Sectors
Patent, adoption trends, and key funding initiatives

  • Executive Summary
    • Research Scope
    • Research Methodology
    • Research Methodology Explained
    • Key Findings
  • Blockchain - Overview
    • Blockchain is Expected to be One of the Key Pillars of Digitization Across Various Industrial Verticals
    • Financial Institutes will Remain Key Investors in the Blockchain Space in Coming Years
  • Drivers & Challenges
    • Impact Assessment of Drivers and Challenges for Blockchain
    • Blockchain Eliminates Third Party to Verify Transaction
    • Advancements and Awareness will Enhance the Overall Technology Architecture for Blockchain
  • Application Diversity
    • Banking, Healthcare, Automotive, Energy, and Manufacturing Industries will Drive the Adoption Rate in the Coming Years
    • Industrial Applications May be Different but the Technological Capabilities Remain the Same
  • Manufacturing
    • Blockchain is Likely to Ease the Manufacturing Process
    • Blockchain Will Enable Trust Transaction in Material Supply Chain
    • Partnership and Alliances will Foster Blockchain Application Development Ecosystem
    • Many Innovative Applications are Being Developed and Tested Specially in the Areas of Supply Chain and Industry 4.0
    • Increasing Number of Startups have Started to Harness the Power of Blockchain Technology in the Manufacturing Industry
  • Energy
    • P2P Energy Trading Model will Facilitate Efficient Energy Management
    • Blockchain to Revolutionize Energy Sector
    • Blockchain Would Provide Traceability and Transparency in Business Transactions
    • Key Innovative Companies Implementing Blockchain for the Energy Industry
  • Automotive
    • Mobility Solutions Such as Ride Sharing and Supply Chain Logistics are the Current Possible Functional Areas in Auto Sector
    • Blockchain Would Accelerate Technology Disruption in Automotive Market
    • OEM Financial Divisions are Exploring Blockchain for Financial Applications
  • Convergence Use Cases & Industrial Adoption Framework
    • Synergies Between Blockchain and Other Emerging Techs to Provide Converged Applications Across the Industrial Sector
    • Consistent Regulatory Framework Along with Ready IT Infrastructure Will Ease the Adoption of Blockchain Technology Across Businesses
  • Patent & Funding Trend
    • China Poised to Become a Blockchain Innovation Hub by 2022
    • Blockchain Companies' Investments to Exceed after 2018
    • Adopting a More Flexible Regulatory Approach Will Enable Development of Blockchain Best Practices
  • Strategic Recommendations
    • Strategic Collaborations Will be Key to Blockchain Development
    • Blockchain to Enable New Business Models of Future
  • Industry Contacts
    • Key Contacts

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