Blockchain and Bitcoin: What It Means for Power Electronics [Industry Pulse]

Abstract

A perpetually hot topic in the news these days seems to be cryptocurrencies, and more broadly, blockchain technologies. After following some of the ups and downs from the past few months (and years), I wanted to take a look at where the technology has been and where it’s headed—and how it will impact the power electronics industry. I’m not going to get too far into the details on how blockchain works here—for a deep dive into the technology, check out the November/December 2022 issue of IEEE Potentials: Blockchain Technology; Societal Impacts, Education and Research.