Project Description
This will change our lives
Blockchain technology is set to revolutionise the energy industry, which is why Wien Energie is already proactively dealing with the topic and developing expertise. In 2017, Wien Energie carried out the world’s first blockchain gas trade. In the VIERTEL ZWEI urban development area, Wien Energie is working with 100 residents to develop new customer solutions with the help of blockchain technology. Wien Energie has also developed a blockchain refrigerator in cooperation with Bosch. It is intended to show how private individuals will be able to monitor and influence their electricity consumption in the future in a secure and transparent manner.
Project details
Using blockchain technology makes it possible to process energy transactions in an uncomplicated manner, leading to the creation of new business models in the energy sector. In particular, the technology supports the development of decentralised energy supply systems, as producers and consumers can be brought together without the need for intermediaries.

“The energy industry should take an active interest in blockchain technology, as the impact on existing processes and markets could be enormous. Now is a good time to test the technology and to prepare your company for the coming changes. The projects help the energy industry to better assess the future potential of the technology and foster a greater understanding of how the blockchain will affect the world of energy.”
Further reading
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