Blockchain is most commonly known as the technology that underpins cryptocurrencies, the most well-known of which is Bitcoin. But the capability of the technology goes further than just the banking industry as it can also be harnessed to transform the renewable energy industry.Through enabling tracked, verifiable and secure transactions between two parties, essentially cutting out the middle man that has long been relied on to transfer information and goods between buyers and sellers, blockchain empowers individuals – traditional consumers of energy – to actually produce and sell power, leading to a decentralized and distributed energy sharing system.