Energy Ecosystem — Blockchain Technology In The

Provides a single "source of truth" for all stakeholders, reducing disputes and building trust.

: Enables "prosumers" (consumers who produce energy, e.g., via solar panels) to sell excess electricity directly to neighbors. This eliminates intermediaries and can reduce consumer bills by approximately 40% .

Decentralized nature removes "single points of failure" and protects critical infrastructure from cyberattacks.