TheMerkle
2018-04-28 16:00:35

Saudi Arabia’s Energy Sector Prepares to Embrace Blockchain Technology

There has always been a question as to how one could use blockchain technology for the benefit of millions of people. Outside of the financial sector, a fair few use cases are being explored right now. Surprisingly, it seems Saudi Arabia is leaning toward using this innovative technology to revolutionize the energy sector. With a peer-to-peer trading opportunity on the horizon, new business opportunities will be created. Blockchain Technology and the Energy Sector While there has been growing global interest in blockchain technology, very few actual use cases exist right now. That is only normal, as such ventures require a lot of research