Blockchain, an asset for renewable energy in Africa
African demand for electricity largely exceeds supply. The cost of generation and distribution of power is high. Nsikak John, on the World Economic Forum website, explains that the solution could be to decentralise energy is tilting more towards demand management and distribution. The role played by the blockchain can be fundamental: it is able to record energy consumption, credit histories, provide energy trading between households and giving consumers more control of their energy requirements and consumption.