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The presence of blockchain technology is apparent in almost every field today as it is widely adopted on a large scale by all industrial sectors. ABB, the international Electrical Engineering company, is currently undergoing a blockchain project, according to news reports. It is looking for ways to implement blockchain technology in promoting the use of solar energy in p2p energy trading and researching the role of blockchain in the smart grids market. Apparently, the international firm has collaborated with Evolvere, the Italian energy entity, for deploying a blockchain system to assist them in this venture.

The state government is adopting a cutting edge technology to help enhance efficiency in governance. Already the government has completed its first blockchain pilot in the fields of health, supply chain, documents and SSC certificates. A detailed report has been prepared to go in for extensive use of blockchain technology in various government departments. A regulatory sandbox, which will be a common framework for adopting blockchain technology, will be prepared in the next five to six months."

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