Austrian Energy Group Eyes Blockchain With Vienna Test

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Austria’s largest energy supplier, Wien Energie, has expressed their keen interesting in using blockchain technology. Their testing of a range of blockchain uses cases, in light of the anticipated roll out of fully-fledged services that may potentially use it, is as clear an indication of such as any.

As Astrid Schober divulged to Reuters, “We are testing blockchain-based services in Vienna’s Viertel Zwei and once we have collected enough experience there, we will develop business models and bring them to the market.

The Wien Energie chief innovation officer furthered, “If the technology means there are no more intermediaries anymore, it becomes an issue for us so we are actively looking into other business models.

Thus far, anticipated offerings could very well include electric car stations, land registry, and power supply services among others.  The energy industry has remained consistent in its interest in maximizing the utility of blockchain technology. Just last month, the US Department of Energy announced their partnership with BlockCypher for peer to peer energy exchanges.

Wien Energie, the largest energy supplier in Austria, is testing a range of blockchain use cases in anticipation of rolling out fully-fledged services that might soon incorporate them.
“We are testing blockchain-based services in Vienna’s Viertel Zwei and once we have collected enough experience there, we will develop business models and bring them to the market,” Wien Energie’s chief innovation officer, Astrid Schober, told Reuters.
Those offerings could include electric car stations that are connected via the technology, as well as services around land registry and power supply, among others. Wien Energie is a member of Enerchain, a consortium of European utility providers spearheading the exploration of new trading platforms.

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