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.
A train of thoughts and writings on development, technology and the economy focusing on the socio-techno-economic-cultural surge of developing economies to regain and partake in leadership of the world. Written by George Easaw, member of the faculty of Business Administration of Allliance University, Bangalore, India. (This is purely an academic site, no commercial use is allowed. Photography rights lie with the respective organisations). Mention credits as needed.
Saturday, January 09, 2021
Blockchains can bring about real technology transformation ..
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