Blockchain in Vienna's households

Austria's capital is just becoming an European blockchain hotspot. Now the power supplier "Wien Energie" tests the new technology in the urban development area "Viertel Zwei" in Wien-Leopoldstadt. Energy flat (and other) rates and online services will be tested. In cooperation with the company "Riddle & Code", the use of the Blockchain will also be examined - it will be determined which business models and services could finally be created for the customer. The blockchain allows a more precise management of power consumption, because a precise household profile can be created which shows what devices unnecessarily consume electricity at a certain time. This shows an enormous saving potential for the customer as well as the possibility for the producer for a more precise plan of the power supply than ever before. In addition, a kind of symbiosis between electricity producer and consumer could be established because for example if public charging stations are overused, private stations could be used in addition to recharge e-vehicles if customers would have a certain agreement with “Wien-Energie”. Also, the charging can be automatically postponed to a time at which the electricity is cheaper for the customer. Particularly interesting for Austria - the Blockchain technology guarantees supply of green energy without nuclear power.

 

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1220 Vienna, Austria

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