Too Long; Didn't Read
Ignoring the recent hype over the increasing price of Bitcoin, cryptocurrencies and the underlying technology (Blockchain) are starting to move out of the hype cycle and <em>mature</em>. Just a bit. While bitcoin dominates the cryptocurrency news headlines - we’ve had the <a href="https://www.ft.com/content/84f50b30-12d2-11e6-91da-096d89bd2173" target="_blank">hype</a>, <a href="http://www.coindesk.com/mt-gox-the-history-of-a-failed-bitcoin-exchange/" target="_blank">the issues of Mt Gox</a> and the fraud of the <a href="https://www.wired.com/2016/06/50-million-hack-just-showed-dao-human/" target="_blank">DAO Hack</a> - we’re finally getting clarity about blockchain and its true value. That semblance of <em>clarity</em> is exactly what blockchain needs before it can make its way into the energy industry, an industry ripe for disruption and, at <a href="https://eresearch.fidelity.com/eresearch/markets_sectors/sectors/sectors_in_market.jhtml?tab=learn&sector=55" target="_blank">$1.1Tn</a>, one with a lot of low hanging value. Now we can get to the serious business of applying innovative technology to a critical industry, utilities, which is my focus for this post.