Blockchain Technology and the Contemporary Business Models; Connecting Nano Energy Storage Devices with Trade for Investors

Abstract

The rapid rate of growth in nanotechnologies and their application in almost every field of life is not only set to improve the living standards of the general public around the globe but also serves as a great opportunity for business as well. In this regard, a sound business model is required, as the product and services based upon this technology may not conform to traditional business models. In this research, we have reviewed the general business models for Nanotechnology-based products and services. In this respect one of the potential opportunities in the field of Nano energy storage devices and their practical application. We have conceptualized the potential use of “Blockchain” technology in the trading aspect of energy storage contracts and the potential opportunities this presents to the investors as well as the general public who form the wider sphere of stakeholders.