Blockchain Applications for the Energy and Utilities Industry
Anees Fathima, Noor Ayesha, Zahira Tabassum, Sufia Banu +2
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100% confidenceMES research with emerging-tech focus on technology, medical. Blockchain has evolved from supporting cryptocurrencies to transforming industries like finance, healthcare, and...
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Abstract
Blockchain has evolved from supporting cryptocurrencies to transforming industries like finance, healthcare, and supply chain management. Emerging trends focus on scalability with Layer 2 solutions, sharding, and cross-chain interoperability. Sustainability efforts include transitioning to Proof-of-Stake, carbon-neutral blockchains, and renewable energy. AI integration enables decentralized models, secure data sharing, and AI-driven smart contracts. Governments explore CBDCs, while privacy technologies like Zero-Knowledge Proofs enhance security. Challenges remain in regulation, security risks, and adoption, but ongoing innovations are driving blockchain's widespread acceptance.
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Identifiers
- Journal
- Blockchain Applications for the Energy and Utilities Industry
- Year
- 2025