Logic and the trend in market thinking suggests there should be but why have the incumbents in the UK not grasped the nettle?
The technology is available now after all.
As Mark Taylor, Managing Director of VuePoint Solutions, an energy sector software and services specialist, explains, “VuePoint have the infrastructure to support peer-to-peer trading now, with or without blockchain, however there does seem to be some industry wide inertia. We have seen limited peer-to-peer trading taking place in other countries and on a very small scale in the UK, so it could be down to market structure or regulation in the UK, but we suspect that this is not the case. VuePoint’s position is that we would be delighted to support a proof of concept if any interested parties would like to get in touch”.
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