BlockShow Asia, the leading blockchain solutions event in Asia (powered by Cointelegraph), is partnering with Blockchain2Energy Asia, the latest conference organized by Solarplaza and Vertech Capital. This partnership firmly establishes Asia Blockchain Week as a major hub for thousands of blockchain developers, entrepreneurs, founders, corporates and enthusiasts to come together, share insights, and discuss the future of blockchain and energy applications.
Blockchain is quickly gaining momentum globally through its ability to improve transparency and inclusivity in the industry. However, given that almost all applications are currently in the experimental stages, the business value of the technology must also be prioritized to allow scalability.
Slowly but surely, energy-blockchain projects in Asia are starting to gain some momentum. Diverse by region, application, and developer, these projects all share the common goal of integrating renewables in the grid.
Today, it is my pleasure to interview Vinod Tiware, Head of Business Development & Sales for Power Ledger. Power Ledger is one of the leading energy-blockchain companies based in Australia and with developments all around the world.
The eventual liberalization of many electricity markets in Asia is opening up investment opportunities and new business models for consumers, producers and authorities. Utilities in the region have already started experimenting with blockchain technology, in preparation for what has been hailed as “the era of the prosumer”.
With its ability to speed up transactions and cut overhead process costs by eliminating intermediaries, blockchain has grasped the attention of several utilities and energy companies looking to further digitize the energy industry.