Report: By 2025, blockchain valuations in the energy market can reach $3 billion

According to foreign media, a recent research report released by Global Market Insights, Inc. shows that by 2025, the energy market blockchain is expected to grow by about 50% and the valuation will reach $3 billion. As the degree of integration of renewable energy sources increases, the complexity of the power grid continues to increase, and the demand for energy-saving systems that optimize grid operation continues to grow, which will expand the market size. In addition, the increased focus of utility companies on blockchain technology adoption, coupled with the huge propensity of blockchain technology for direct constructive transformation, will complement the blockchain in the energy market landscape.