"Information that can go on to the blockchain includes the amount of energy being generated, time, location, source, whether the home has switchable devices, etc. And as more and more people join the market it builds up community microgrids, both virtual and real."
Will blockchain be game-changing for the internet of everything
Blockchain has landed, now the building blocks
Blockchain Technology is transforming industries like Supply chain, Identity Management, Fintech, Legal, healthcare, Agriculture and many more.Leewayhertz is a Blockchain development company and we have develope Blockchain platform for above mention industry which is transforming the industry. check our case study at LeewayHertz.Case StudyWhy Blockchain is so important :-1.Lower transfer & interaction fees:2. A high degree of security & trust:3. A high degree of openness, transparency, and dependability:4. Integrating the digital and physical world:Blockchain solving these problems. If you want to explore more about blockchain and development then visit.LeewayHertz
Every one of us uses an identity document on a regular basis to avail any service, book a ticket, apply for a passport or other document. Since the existing identification method is based on centralization, we don't know where our personal information is stored and who uses it for ad targeting without our consent.
Banks, credit agencies and government institutes are more vulnerable to hacking and theft of data as they deal with a lot of identification data.WEESIGN - Blockchain based Electronic signature platform for Secretaria DeEconomia Mexico. The platform ensures that each signed document remains unforgeable and unique.6. HealthcareThough the healthcare industry uses digital techniques to maintain electronic health records, patient's information and reports are shared without their consent and stored on a centralized server.Blockchain can have a considerable impact on patient's records by enabling them to control their data with smart contracts. A blockchain-based healthcare application allows all stakeholders to access and view records with the controlled data disclosure through business logic embedded in smart contracts.For More blockchain Solution you can visit LeewayHertz - Blockchain Development solution
Blockchain or distributed ledger technology has gained significant interest from firms across the energy sector. The sheer range of organizations investing in blockchain energy is staggering – from energy supply firms and technology developers to financial institutions, national governments and the academic community.Here is an article on our informed website covering several Use Cases of Blockchain in Energy Sector:
Peer-to-peer Energy Trading
Application of Blockchain for Wholesale Trading Through Regional Mini-grids
Blockchain Application for Streamlining Access to Renewable Energy
Blockchain Technology in Financing Energy Access
Pre-payment for Energy Using MobileIf you want to explore more about blockchain technology and their benefits for several industries you can visit : LeewayHertz - Blockchain Solution