How Can Blockchain Save South Africa From Nationwide Blackouts?

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While it’s a positive thing that electricity access in developing countries is gradually increasing, households connected to the grid usually receive poor quality and unreliable service. On a global scale, more than 200 million homes and businesses are given inferior grid connections. Meanwhile, according to an Afrobarometer survey, less than half of the total South African population has a stable supply of electricity.

Since then, South Africa has been troubled by unpredictable, unplanned power outages that not only last for hours but days as well. Adding to this, they must also tolerate controlled and scheduled electricity shutdowns — load shedding — where power is intentionally apportioned to relieve pressure on the system and avoid its complete collapse. For a few hours each day, electricity will be available and the details of the ration are communicated in advance. 

These issues are generally related to the quality and capacity of electrical systems, which can be a product of insufficient generation or a generating mix that is unable to scale up and down to satisfy the fluctuations in demand. Other reasons attributed to the blackouts are the lack of innovation in the nation's power grids, breakdowns in transmission and distribution lines, and more. 

Technology is progressing at an astounding pace — with several innovations created to improve human life every day. One great example would be blockchain. Blockchain technology aims to increase transparency through digital ledgers that allow everyone on the network to access the data stored in the blocks. 

With blockchain’s decentralized nature, information is kept on