US Congress Research Service Releases Report: Potential Use of Blockchain in National Energy Sector

The US Congressional Research Service released a report entitled "Bitcoin, Blockchain and Energy Sector" on August 9th detailing the potential use of blockchains in the national energy sector. The report details the current state of domestic and international energy consumption associated with cryptocurrency mining, explores possible ways to regulate energy-intensive mining processes, and integrates blockchain technology into current energy systems. Some potential use cases for blockchain include placing utility billing transactions on smart grids, supporting electric vehicle charging infrastructure, and allocating energy resources.