Environmental concerns, climate change, and limiting fossil fuel use are moving energy providers towards more renewable sources. These sustainable practices will impact production, distribution and consumption by decarbonizing, decentralizing and digitizing the energy sector.
Bosch uses blockchain technology to transform the future of energy by tracking green energy production, enabling efficient distribution and monitoring consumption rates.
Bosch solutions such as the Provenance Platform for Green Energy shape clean energy needs for smart communities, campus and smart factories; Certificate of Origins provide end-to-end tracking and transparency of green energy creation, transfer and distribution while Smart Contracts remove intermediaries, automate certificate issuance, improve compliance and mitigate risks.
These solutions provide significant benefits across the energy value chain.