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Environmental & Energy

Dec. 26, 2018

Blockchain and energy: hope or hype?

Distributed ledger technology powers ahead in the energy sector despite the downturn in crypto markets.

Buck Endemann

Partner
K&L Gates

Buck is a member of the firm's environmental and power practice groups. He provides counseling on energy, energy storage, infrastructure and remediation projects.

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By now, most people have heard of blockchain, the distributed ledger technology behind cryptocurrencies like bitcoin, ether and Ripple's XRP. But with bitcoin trading around $3,500, down from a high of nearly $20,000 in December 2017, has the blockchain excitement run its course?

In short, probably not. While blockchain technology underlies platforms that facilitate anonymous trading of cryptocurrencies, distributed ledger technology...

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