Blockchain Renewable Energy: Can Blockchain Change this Market?

According to experts from tech consultancy, Booz Allen Hamilton, the renewable energy markets across the Gulf Cooperation Council (GCC) can be made more secure and cost-efficient using the blockchain.

Blockchain and Renewable Energy Markets

Cointelegraph details the GCC as a “regional political and economic union that includes all the Arab states of the Persian Gulf except Iraq.”

This body—comprised of six countries—is planning to increase its renewable energy capacity across all member states by 2030. This means a boost of 80 gigawatts of energy and accounts for more than half of the group’s existing …

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