Chapter 7

Efficient Power Markets

Reimagining the Global Market with Ethereum

Adam Richard and Rob Hitchens,    CTO & Co-founder, Volt Markets1, Houston, Texas, United States

Abstract

This chapter informs industry professionals about use cases for Blockchain technology developed by Volt Markets to transition and replace existing systems to a decentralized, highly efficient, and transparent market with substantially reduced onboarding friction, direct line-of-sight from buyers to origination documents and elimination of market inefficiencies arising from counterparty risk, opaque information siloes, accidental and intentional misrepresentation, and double accounting. Energy management systems collect massive caches of data points that are not ...

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