Blockchain technology is on the cusp of revolutionizing many industries right from the banking to the education industry. Of these industries, the energy industry has already started witnessing a paradigm shift in the way it operates. For instance, in the energy industry, while old coal power plants are being replaced with clean power production, transmission and distribution assets, it’s also embracing a hyper-local green economy where decentralized micro-generation turns buildings/houses into mini power plants and communities take care of the power supply.