BLOCKCHAIN TO TRANSFORM INFRASTRUCTURE

Blockchain innovation will transform infrastructure around the world by enabling the implementation of new energy and transport business models, according to leading Australian investment manager QIC. 

In a new Red Paper titled “Blockchain is Knocking at Infrastructure’s Door,” QIC explains how blockchain works, discusses its use in public and private networks, explores the technology’s growing application beyond financial services, and assesses its potential impact on the energy and transport sectors in particular. The study explores case studies around:

Facilitating distributed energy

  • Using blockchain-based arrangements to enable peer-to-peer (P2P) energy trading
  • Strengthening grid security, enabling real-time pricing signals, and more closely matching power supply and demand 


Personalising vehicle and driver insurance 

  • Using distributed data to unlock a new world of rewards and incentive schemes, beyond lower premiums, to promote safe driving 
  • Saving lives and reducing crash rates by using blockchain-supported technology to encourage behavioural change


Leveraging e-wallets embedded in vehicles
  • Connecting vehicles and drivers via P2P private transactions, for seamless and secure toll and parking payments
  • Building virtual gantries to reduce congestion and boost revenue

QIC’s study encourages infrastructure industry participants of all types and size to begin exploring the potential of blockchain, better understand the economic and societal benefits it can bring, and prepare to adapt their business models to take advantage of inevitable industry change. 

Ross Israel, Head of QIC Global Infrastructure, said: “Blockchain has already earnt its stripes in financial services, thanks to its transparency, security and efficiency. However, its potential applications within the infrastructure industry remain relatively unexplored. We see it creating, in time, tangible value in the energy and transport sectors in particular, from enabling more efficient exchange between producers and users of energy and helping to prevent power shortages, to boosting the efficiency and revenue generation of transport-related payments. If supported by those of us working in the industry as well as by regulatory reform, blockchain has the power to transform global infrastructure and build a better world for all.”
 
Read more about QIC’s study Blockchain is Knocking at Infrastructure’s Door here.

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About QIC: 

QIC is a global diversified alternative investment firm offering infrastructure, real estate, private equity, liquid strategies and multi-asset investments. It is one of the largest institutional investment managers in Australia, with A$82.0 billion (US$62.9/£48.4 billion)1  in funds under management, offering infrastructure, real estate, private equity, liquid strategies and multi-asset investment services. QIC has over 700 employees and serves more than 110 clients including governments, pension plans, sovereign wealth funds and insurers, spanning Australia, Europe, Asia, Middle East and the US. Headquartered in Brisbane, Australia, QIC also has offices in New York, San Francisco, Los Angeles, London, Sydney, and Melbourne. For more information, please visit: www.qic.com.

About QIC Global Infrastructure: 
QIC is a long-term infrastructure investor with an established global platform. We currently manage A$9.7 billion (US$7.4 billion/£5.7 billion)2  across 12 global direct investments, having realised a further A$7.0 billion (US$5.4 billion/£4.1 billion)3  of investments for our clients. Our sector centric investment strategy deconstructs risk across sector value chains identifying relative value for investment. This drives a targeted origination approach which has seen us build diversified portfolios for our clients, protecting their capital while delivering strong total returns since 2006. 

For further information, please contact:
Samantha Smith
BlueChip Communication 
T: +61 9018 8602
E: samantha@bluechipcommunication.com.au 

 
IMPORTANT INFORMATION
QIC Limited ACN 130 539 123 (“QIC”) is a wholesale funds manager and its products and services are not directly available to, and this document may not be provided to any, retail clients.  QIC is a company government owned corporation constituted under the Queensland Investment Corporation Act 1991 (Qld). QIC is regulated by State Government legislation pertaining to government owned corporations in addition to the Corporations Act 2001 (Cth) (“Corporations Act”). QIC does not hold an Australian financial services (“AFS”) licence and certain provisions (including the financial product disclosure provisions) of the Corporations Act do not apply to QIC. QIC Private Capital Pty Ltd (“QPC”), a wholly owned subsidiary of QIC, has been issued with an AFS licence and other wholly owned subsidiaries of QIC are authorised representatives of QPC. QIC’s subsidiaries are required to comply with the Corporations Act.  QIC also has wholly owned subsidiaries authorised, registered or licensed by the United Kingdom Financial Conduct Authority (“FCA”), the United States Securities and Exchange Commission (“SEC”) and the Korean Financial Services Commission.
For more information about QIC, our approach, clients and regulatory framework, please refer to our website www.qic.com or contact us directly.
The statements and any opinions in this document (the “Information”) are for commentary purposes only and do not take into account any investor’s personal, financial or tax objectives, situation or needs.  The Information is not intended to constitute personal legal or investment advice and it does not constitute, and should not be construed as, an offer to sell or solicitation of an offer to buy, securities or any other investment, investment management or advisory services. Past performance is not a reliable indicator of future performance.
Copyright QIC Limited, Australia. All rights are reserved.

[1] As at 30 June 2017

[2] As at 30 June 2017

[3] As at 30 June 2017

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