Intellectual property attorney Whit Johnson was quoted on the Disruptor Daily website in an article titled “What’s The State Of Blockchain In Energy? 10 Experts Share Their Insights,” published March 6, 2019. In the article, ten executives and attorneys weigh in on the current state and future of the use of blockchain technology by parties in the energy industry.
“Blockchain technology is still very much in its infancy,” Johnson said. “The current state of blockchain in the energy industry is comparable to the state of the internet in the mid-1980’s — still in incubation. But innovators are developing products and protocols that will enable the technology to integrate with daily commerce in the near future. It took the Internet twenty years or more to mature from a small research network into a ubiquitous and life-altering technology. The proliferation of blockchain technology is disrupting the energy industry now and increasingly over the next several years.”