It is important to point out however, that blockchain will not replace relational databases for business critical processes in the medium term. In the graphic above we highlight some of the core utility processes that will perhaps be both supported and disrupted by the technology. ![]() Overall, we have begun to analyze these types of impacts across the utility value chain in this resource center and expect this view to evolve as the technology matures. In the long-term, blockchain has disruptive potential across the utility value chain. ![]() Firstly, there will be those areas where there is limited-to-no impact, for other areas the technology may support existing processes and make them even more robust and efficient, for other areas however, we may see some level of disruption. In reality, there will be largely three types of impacts of blockchain technology on the utility value chain. For example, beyond the much-talked-about applications behind the meter, utilities may be able to leverage this technology for supply chain, asset management and organizational performance applications. ![]() From our initial analysis, blockchain may provide an opportunity to transform some existing utility processes.
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