Saturday, January 09, 2021

Blockchains can bring about real technology transformation ..

Don Tapscott and Ricardo Vagas (click here) have given an excellent example through an article in HBR of Jan /21 of how the Canadian Utility Alectra with IBM and Interac have used Blockchains to ensure the customers become prosumers and are able to decide their power purchase patterns to effect savings in costs. In turn Alectra also would be able to ensure there are no sudden surges in demand from customers ensuring that the energy generators are not overloaded and does not trip off frequently, thus saving money in the bargain.

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