Wien Energie Gas Blockchain

Perspectively we see otc trading of non standard products e g.

Wien energie gas blockchain.

At the beginning of 2017 a pilot project for gas trading was carried out together with the oil companies bp and eni the business consultant ernst young and the blockchain start up btl. Electronics giant bosch and austrian power supplier wien energie have come up with a blockchain refrigerator aimed to allow consumers to monitor and control electricity consumption. Peter gönitzer general manager wien energie with the concrete use of blockchain technology bkw pursues efficiency gains in settlement and billing of increased trading volumes. Wien energie launches the world s first blockchain fridge.

In 2017 wien energie carried out the world s first blockchain gas trade. Wien energie is also part of enerchain which groups 35 european utilities participating in tests to create a trading platform for electricity and gas and eventually to perform b2b trading. Wien energie is actively researching the use of blockchain technology for the decentralized uncomplicated handling of transactions in the energy industry. Austrian energy provider wien energie has partnered with tech company bosch to develop a blockchain refrigerator.

Wien energie has also developed a blockchain refrigerator in cooperation with bosch. Wien energie is the largest energy provider in austria and sells approx. 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. The company operates in the supply of electricity natural gas and heat from around 2 million customers 230 000 commercial and industrial plants and 4 500 agricultural enterprises in the greater vienna area.

In an announcement on the company s website the innovation was described as a building block to turn households into active participants in the electricity market and to increase consumer interest in consumption and power generation. 23 twh of electricity natural gas and district heating annually. Decentralized production and customer profiles and also subsequent processes e g. Wien energie prüft teilnahme an blockchain projekten der standard juni 2017 wien energie führt ersten gashandel mit blockchain durch futurezone october 2017 bp experiments with blockchain for oil and gas trading working with eni and wien energie to run test trades alongside live systems financial times october.