Blockchain: Is it hype?  81

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⚬Website: https://sympower.net

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⚬Technology used: Undisclosed

• LO3Energy: LO3Energy is a US-based start-up using blockchain

to create a peer-to-peer network to share energy from neighbour to

neighbour. They have come up with a brand called Pando to enable

utility companies and retailers to share a unique energy marketplace.

It enables all members of the community to trade energy in order to

achieve both personal and community energy goals.

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⚬Website: https://lo3energy.com

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⚬Technology used: Undisclosed

Govtech

As the economy and society are adapting to the digital age, governments

have the accountability to transform their services for their citizens as well.

Some of the ways that are transforming economics through government

interventions/support are listed below:

• Deliver essential services through digitalisation such as income tax

returns, voting, social benefits, healthcare registration, identity docu-

ments, land registry and support services.

• Partner with private companies to provide digital experience to its

citizens to utilise the services in an efficient and secure way.

Blockchain footprint

• Estonia government digitalisation: Estonia is one of the best examples

of digital government services through the use of technology, politi-

cal support and an innovative mindset. Estonia has 99% of public

services are offered as e-services.

Estonia has managed to digitalise multiple essential government ser-

vices to provide the best services to its citizens and reduce administra-

tive costs and quick delivery by reducing bureaucracy and paperwork.

They have managed to finally provide secure, transparent and one of

the best experiences to citizens, visitors, companies and entrepreneurs.

Some of the examples of services that are using blockchain are digital

ID, i-Voting, Mobile ID, e-Health, e-Tax, e-School and e-Residency.

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⚬Website: https://e-estonia.com

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⚬Technology used: Various

• Singapore digitalisation: Singapore is another best example that is

appreciating the technology and using it to provide a simple, secure

and faster experience for its government services.

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⚬Website: https://www.tech.gov.sg

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⚬Technology used: Various