Current Situation
Some automation exists for regulatory compliance and financial processing but is not tightly integrated.
Goals and Objectives
The objectives are a reduction in declaration penalties, improved time through markets, accurate/timely settlement, lower transaction costs, and more efficient dispute resolution.
Technology Deployed
Blockchain, industry cloud, mobile, and IoT
Use Case Summary
Integration of distributed ledger-based settlement for energy commodities as Industry cloud capabilities evolve to enabling energy trading ‘communities’.