While Web3 continues to be a hot topic, Industry 4.0 shouldn't be ignored. One early leap forward could be distributed ledger technology, which utilizes blockchain to influence and even disrupt the energy sector.
of Industry 4.0, which includes the new and revolutionary drivers of the next generation’s industrial landscape. And, especially when it comes to the energy sector, blockchain lies at the heart of these technologies.
Cointelegraph spoke to one of the report’s co-authors, commercial director of Europe, the Middle East and Africa region at Energy Web and a member of EU Blockchain Observatory and Forum, Ioannis Vlachos. Considering a more direct market design where flexible assets, irrespectively of their capacity, can directly bid into an energy market will minimize their marginal costs and will promote and foster the participation of small-scale distributed energy resources in energy markets.
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