Ensuring Regulatory Compliance With Blockchain Technology
Energy & utilities providers are required to provide vast amounts of data to regulators and government bodies to ensure compliance. But sourcing, analysing and delivering this data is incredibly resource intensive. With blockchain technology, the energy sector is benefiting from immutable data, increased traceability throughout the supply chain and the ability to seamlessly and securely share data with regulators (or other stakeholders). All of which are helping to ensure regulatory compliance and streamline the regulatory reporting process.