How Blockchain can Democratize Global Energy Supply
Adam Woodhall, Advisor, Activator, Author: Inspiring Sustainability1, London, United Kingdom
Abstract
Blockchain technology could be transformational in democratizing global energy supply. This chapter offers three case studies on how this is beginning to happen, explores four central assertions, and offers the verdict that those who decide the rules will dictate if Blockchain is to successfully democratize global energy supply.
The assertions are: firstly, centralized power equals magnified inequalities and less democracy, with energy supply currently overwhelmingly centralized; second, the paradox of the Internet is that by decentralizing participation, the Internet (via the “giants” ...
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