Why the Energy Sector Meets the Conditions for Decentralization

The following piece on decentralizing the energy sector was written by Richard Lohwasser, who holds a PhD in energy economics and is the CEO of Lition. He was previously a strategy consultant for McKinsey and director of Vattenfall. Lohwasser was also Managing Director of German Operations at ExtraEnergie.

Decentralization. Digital autonomy. Circumventing corporate strangleholds on information. A new, democratized internet. The blockchain revolution has inspired a wave of ideological fervor around technological advancement that is unprecedented in the mild-mannered, minimalist world of the Silicon Valley tech giants. Crypto gurus, emboldened by new-found fortunes, decry centralized data systems, and herald an internet of no gods, no masters.

Also read: Markets Update: BCH Rallies, XRP Nears ETH Market Cap

The Democratization of an Industry

Why the Energy Sector Meets the Conditions for Decentralization

It makes sense. When Facebook is listening to your conversations and tailoring ad content accordingly, and Equifax is losing credit card…

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2018-11-07 21:00:24

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