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Blockchain-Based Energy Trading Firm to Optimize Solar Energy Distribution in Austria

Austria’s Graz to use DLT-enabled energy trading platform by Power Ledger in move toward zero-carbon energy.

Blockchain-based energy trading firm Power Ledger will roll out its peer-to-peer (P2P) network in Graz, the second-largest city in Austria, according to an announcement on June 18.

The Australia-based company has partnered with E-NEXT, an innovation arm of major Austria’s energy utility Energie Steiermark, to launch its blockchain-powered energy trading platform in and around Graz.

The initiative is an attempt to optimize energy distribution and to contribute to the city’s transition towards zero-carbon energy, the release notes. As such, Power Ledger’s technology is expected to enable rooftop solar energy-based households in the city to sell excess renewable energy to their neighbors, generating a monetary incentive for Graz residents to use such energy.

Power Ledger will initially roll out its service to 10 households in Graz, while the project reportedly has the potential to expand to more households in the city, as well as across the overall energy network of Austria.

According to the statement, Power Ledger’s blockchain-enabled platform enables anonymity of data on the energy distribution network in accordance with the privacy policies of the European Union, as specified in the General Data Protection Regulation (GDPR).

City of Graz is reportedly the sole city in Austria’s Smart flagship project that intends to resolve major issues in the city, including meeting Graz’s zero emission and carbon neutral goals by 2050. Graz is also home to the country’s blockchain hub called BlockchainHub Graz.

According to the report, Power Ledger’s blockchain-based energy trading applications are now under pilot testing in a number of sites across its home country of Australia, as well as several other countries, including Thailand, Japan and the United States.

Cryptocurrency mining is often the subject of criticism on the basis of its environmental consequences. Recently, research found that carbon emissions generated by mining major cryptocurrency bitcoin (BTC) are comparable to the whole of Kansas City.

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Austrian Steel Alukönigstahl Develops Blockchain-Based Steel Trading Database

Austrian steel trading company Alukönigstahl is working on a blockchain-based steel trading data system.

Austrian steel trading company Alukönigstahl is working on a blockchain-based steel trading data system, local media outlet industriemagazin.as reported on June 13.

Alukönigstahl CEO Stefan Grüll is working on the business model of a blockchain-based steel trading database dubbed “STEEL but SMART,” which targets traditional use cases. Within the framework of the project, Grüll reportedly founded a separate company called S1Seven GmbH that undertakes all blockchain-related activities.

Specifically, the system is set to provide stakeholders with clear data on steel products’ origin, account and industry standards, as well as information about product properties, processing, and deployment. As a result, the company intends to create a single source of complete documentation of the production history. Grüll said:

“Individual testimonials that are subject to statutory retention requirements and contain information on test and test results are linkable.”

However, Grüll noted that before launching the product, it is vital to form a consortium of stakeholders, steel manufacturers, plant builders, steel mills, and steel test equipment manufacturers in order to use a single “data structure based on certain standards.” The blockchain-powered platform is expected to be rolled out at the end of the current year, with selected industry participants.

Blockchain technology has been gradually entering the supply chain sector, with many other stakeholders around the world having already integrated it into their internal processes. Earlier this week, precious metals streaming company Wheaton Precious Metals revealed that it will use blockchain to facilitate its metal accounting processes.

In late May, Swiss luxury watch and clock manufacturer Vacheron Constantin announced that it will start using blockchain technology to track its timepieces. Vacheron Constantin reportedly said that blockchain will help fight counterfeiters and guarantee authenticity of its watches, as well as protect potential customers from purchasing fakes.

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Austrian Postal Service Releases Crypto Collectible Stamps

The Austrian Post releases a line of 150,000 “crypto stamps,” a set containing a crypto collectible authenticator and a stamp that can be used for actual mail.

The Austrian Post has released a line of crypto collectible stamps, according to a press release on June 11.

According to the press release, the so-dubbed “crypto stamp” is the first stamp in the world to be authenticated via blockchain technology. The postal service has reportedly issued 150,000 copies sold at € 6.90 apiece.

When purchased, the stamp set comes in two parts. As pictured below, the left part, which is stylized with a unicorn associated with Ethereum, functions as a standard stamp that can be used to send mail. The right section, on the other hand, contains the credentials used to authenticate the crypto collectible via blockchain.

Image of stamp set. Source: APA-OTS

Image of stamp set. Source: APA-OTS

As previously reported by Cointelegraph, a crypto collectible (virtual) racing car recently sold for $110,600. The “1-1-1” car, the first and only to be issued, was auctioned off in advance for the release of blockchain racing game F1 Delta Time.

As per the official description for F1 Delta Time, the title is a competitive racing game where different cars have various in-game attributes:

“The game will center around the collection and trading of unique Cars, Drivers and Components – all of which will exist as non-fungible tokens based on the ERC-721 token standard. […] Tokens are produced in limited quantities as determined by their level of rarity, with the rarest tokens possessing the most impressive racing attributes.”

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Austrian Fiber Producer Lenzing to Launch Blockchain-Enabled Tracking in 2020

Austria-based fiber supplier Lenzing Group plans to apply blockchain to track its fiber supply and to “green up the textile industry.”

Major global fiber producer Lenzing will implement blockchain tech to bring more transparency to its fiber supply chain, the firm announced on May 17.

Headquartered in Lenzing, Austria, the fiber manufacturer partnered with Hong Kongbased blockchain firm TextileGenesis to incorporate the technology in its fiber business TENCEL.

According to the press release, Lenzing expects to launch its supply chain traceability platform in 2020, while in the near future, the company will test the technology along with all the involved chain participants.

Lenzing decided to deploy distributed ledger technology (DLT) following client requests for more information about the ingredients and suppliers of its products. By applying blockchain tech, the firm intends to provide its customers with more transparency and traceability.

Lenzing is a global leader in wood-based fibers and has $2.7 billion in estimated annual revenue.

Earlier today, a senior executive at United States-based logistics firm FedEx expressed his scepticism about blockchain use in the company’s processes. Dale Chrystie claimed that traditional shipping data systems are superior to blockchain-based ones, as distributed ledger technologies are purportedly too nascent.

As Cointelegraph recently reported, luxury fashion brand Alyx will begin using the blockchain network of major crypto project Iota to track its supply chain.

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Blockchain as Key to Vienna’s Digital Future — Interview with Ulrike Huemer, CIO of Vienna, Austria

We sat down with Ulrike Huemer, the CIO of Austria’s capital city Vienna, to talk blockchain and to elaborate on its role as part of the Smart City initiative.

Austria is Europe’s leader in terms of applying modern day technology to better the all-around welfare of its citizens. Making cities “smart” and digital is a key part of transforming public goods and services in order to reach that goal. Vienna is especially keen on innovation, trying to find new solutions by way of digitization. Easy access and clear-cut benefits are key aspects to finding broad acceptance among Vienna citizens, making them willingly partake and help to better the transformation process.  

To further the breakthrough of digital technologies and make them the backbone of society, Vienna called into existence the so-called “Smart City Vienna” initiative in 2014, which aims to better the lives of its general population. The Smart City project isn’t meant to merely foster technology, though. Rather, the latter is supposed to be a tool, helping to achieve social change and making the city more livable overall. Technology as a servant to humanity, not the other way around.

The Smart City Vienna strategy takes into consideration multiple fields that need to be transformed, such as energy, mobility, real estate and others. Every single aspect of the strategy has well-defined target objectives in order to provide transparency and a sense of urgency. In total, 38 target objectives are set out until 2050, while different milestones are to be met by 2025, 2030 and 2050.

Blockchain is a key factor in realizing these goals. As such, it has been applied to different use cases that pertain to the strategy in one way or another. One of them is the notarization of Open Government Data (OGD) — to facilitate the use of food stamps by local government employees. Electric supplier Wien Energie, which is run by the city administration, has also been exploring the use of blockchain technology for quite a while now, trying to make distribution along its grids more efficient. Last but not least, Vienna is setting up a blockchain-based token that is part of an incentive driven initiative, rewarding citizens for “good behavior.”

In which ways can blockchain contribute to Smart City Vienna further? Will the capital city get its very own cryptocurrency eventually? Why is digitization so broadly accepted among Vienna’s population? Cointelegraph Germany sat down with Ulrike Huemer, the chief information officer of Vienna, to answer these questions and to further elaborate on what’s to come.

Smart City Vienna — the road to digitization

Cointelegraph: What is your vision of Vienna as a “smart” city?

Ulrike Huemer: Vienna does score favorably well in many different rankings already, some of it due to our comprehensive approach to the Smart City initiative, which constantly drives new projects and gets monitored on a regular basis. Our comprehensive approach isn’t just a means to an end, though. It is much rather our guiding principle to cover all our bases when making our city “smart.” It’s not just about technological innovation for the sake of it — instead, we are looking to use it as a vehicle leading us toward social change and environmental sustainability. It’s all about providing the best quality of life to all our citizens, thus we are incorporating every office of city administration, linking them up with companies from the private sector as well, to set up a broad network as a basis for the transformation process.

“It’s all about providing the best quality of life to all our citizens.”

We don’t just emphasize these points toward the general public, we also make sure to reiterate this concept internally to really make it stick. Driving research and development-oriented policies is key, but so is getting everybody on board with what we’re trying to do. Consulting-firm Roland Berger ranked our digital agenda number one in its recent “Smart City Index” publication, especially praising our continued efforts to better the health care system through technological innovation. Open Government Data and our progress in areas such as mobility, environmental sustainability and education put us in the top-spot according to the study. We’re looking to continue to build on this, truly making Vienna a “smart city” indeed.

CT: How well is Austria positioned in terms of the smart city concept? Is Austria in a good starting position for this?

UH: Austria is well positioned to master future challenges due to the various public infrastructure frameworks. The smart city concept can play a key role here. The most important aspect is the implementation and cooperation with relevant actors. The very first thing to ensure when dealing with the smart city topic is to create adoption through a broad process. Civil society, the economy and science must be given the opportunity to state their interests to the city administration so that we get the big picture of a future that is worth striving for by all parties. By integrating all interest groups, we can ensure the holistic nature of this strategy. Finally, to establish such an agenda, political support and an evaluation process that makes successes and potentials visible are needed.

CT: Implementing a smart city is enormously expensive. Who is paying for these digitization measures that are necessary?

UH: There is no direct answer to this question. It’s a fact that, as of now, the city of Vienna does not have an additional budget for the current smart approaches. Therefore, the individual departments and actors have to use their existing budgets and try to innovate their sovereign work themselves. Furthermore, there is some extra funding provided by the European Union or by national co-financing. In recent years, this has brought an additional investment volume of around 15 to 20 million euros to Vienna.

Blockchain solutions for the city of the future

CT: What is blockchain technology‘s role within the Smart City of Vienna?

UH: The city of Vienna has been exploring blockchain technology proactively. We want to use this technology to drive the city’s digitalization and the associated guiding themes of transparency, openness, trust and citizen participation.

We chose to use the technology for our own processes, to proactively shape the development and to support the promotion of it. From the start, we knew the only way to test the blockchain technology‘s potential was by “learning by doing.” This is why we launched pilot projects that were implemented successfully. The pilots‘ primary goal was to build the necessary expertise within the city administration and in our ICT [information and communications technology] municipal department named Magistratsabteilung  01 – Wien Digital.

“From the start, we knew the only way to test the blockchain technology‘s potential was by “learning by doing.”

Via the DigitalCity.Wien-Blockchain.Initiative, we are connecting key areas such as identity, education and research with the blockchain community in Vienna, thereby strengthening both the stakeholders and Vienna as a blockchain location.

CT: The city of Vienna provides open data and e-government for its citizens. How does blockchain improve the administration?

UH: In December 2017, a unique solution was published in Europe where Open Government Data was secured using blockchain. The City of Vienna’s first blockchain pilot dubbed “Open Data Notarization” was focused on the acquisition of knowledge on blockchain technology. The city of Vienna‘s OGD checksums are stored publicly on blockchains and are available to the public. Thus, anyone can view and check the authenticity and history of the data themselves, eliminating the need for middlemen.

The solution is being used now and is set to encompass all data records of Austria‘s administration located on Austria’s data portal in the following weeks.

CT: Wien Energie is researching the use of blockchain technology, also collaborating with the city of Vienna on Smart City concepts. Are there any blockchain solutions regarding sustainable energy you could tell us about?

UH: Blockchain technology allows us to scale innovative energy solutions. Let’s use microgrids as an example: These small and decentralized networks are completely autonomous, connecting supplier and consumer in the shortest way possible, reducing the loss of power to a minimum. On top of that, they eliminate the need to expand the main grid, which can be quite expensive.

We’re also exploring so-called energy-sharing via blockchain. In order to do so, we are setting up a blockchain infrastructure in the “Viertel Zwei” research district, connecting it to the existing power supply.

CT: The city of Vienna is using blockchain as part of the so-called “City Token Initiative,” which got started in collaboration with the research institute of the crypto economy at the Business University Wien (WU). Could you please specify what the initiative is all about?

UH: Sure! At its core is the idea to get people engaged, making them care about their surroundings and setting incentives for them to contribute to the betterment of the city. We created the so-called “Culture Token” to foster this idea, acting as a reward for any type of good behavior as defined by the initiative. In return, citizens can use the token to get access to arts and culture around the city. As an example, we are looking to reduce carbon emissions by rewarding citizens for leaving their car behind, having them take a walk instead and earning tokens in the process.  

“The core idea of our ‘Culture Token’ is, to get people engaged […] setting incentives for them to contribute to the betterment of the city.”

CT: How are these “Culture Tokens” set up?

UH: The “Culture Token” exists in digital form only, being made available on mobile phones and tablet computers. It is set up as a reward system, but stands in stark contrast to the Social Credit System run by the Chinese government. The city of Vienna is keen to exclusively use technology to the benefit of its citizens. It is supposed to simply reward people for volunteer work, for doing good in many ways. We are trying to broaden the scope of the token, too — not only tying it to arts and culture, but establishing it as a true means of payment for many different services instead. That way, it wouldn’t merely be a “Culture Token,” but much rather a “Vienna Token,” which really is the long-term goal.

CT: Are there any further plans to use blockchain in the context of the Smart City initiative?

UH: We’re looking to make use of our findings from the aforementioned “Open Data Notarization” project. In collaboration with our partners, we want to establish a notarization service that can be applied in many different fields. For example, helping to notarize city government documents or to further “machine learning.” Another important topic is self-sovereign identity, which is concerned with being in full control of one’s own data — blockchain technology can be of assistance here, as well. There is an abundance of use cases, though, like the Internet of things (IoT) and related applications. We will most likely integrate blockchain into different devices and supply chains, too, wherever we see fit.

CT: Is the city of Vienna looking to issue its very own cryptocurrency?

UH: No. As a city, we are merely acting as an observer. At some point in time, blockchain technology might be used as a means of payment, though, since it can help to improve financial transactions considerably.

Creating dialogue

CT: What is the role of big technology companies in the city of Vienna? The Smart City initiative could be of great commercial use for them, especially in combination with blockchain, artificial intelligence, IoT and big data, couldn’t it?

UH: All our partnerships are supposed to provide mutual benefits to either side — technology companies are no exception. As such, the Smart City initiative does indeed establish a framework to strengthen existing partnerships through technological advancements. The overarching goal is to better the quality of life in Vienna, though, which is our main premise.

The “DigitalCity.Vienna” initiative is aiming to establish Vienna as a European leader for digitization, and we are looking to market the city accordingly. The DigitalCity.Vienna initiative has an open format, accessible to all parties interested. We are doing our best to connect all parties involved, helping them to find common ground along the way. In regularly scheduled events, we’re sitting down major companies, ascending startups, the city government, public authorities and academic institutions in order to create a running dialogue in the digital ecosystem.

“The ‘DigitalCity.Vienna’ initiative is aiming to establish Vienna as a European leader for digitization, and we are looking to market the city accordingly.”

CT: What kind of government assistance does Vienna need in order to stay ahead in the global race for blockchain adoption?

UH: We want to strengthen existing partnerships in this area, while attracting further blockchain projects to Vienna in order to benefit from their expertise in the long term. Intricate knowledge is crucial when it comes to blockchain, that is why we are adamant about building it up and retaining it. A prime example is the Austrian Blockchain Center, which is doing research on many different blockchain use cases. The research center recently settled down in Vienna, and we intend on keeping it here, providing some of its funding as well. It will take these kinds of projects, plus government assistance and close collaboration with the private sector, to make Vienna a major international blockchain city.

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Belarussian Exchange to Offer Tokenized Government Bonds

Global exchange website Currency.com has announced that it will be offering a tokenized form of Belarussian government bonds.

The global exchange website Currency.com has announced that it will be offering a tokenized form of Belarussian government bonds, according to a press release on May 7.

According to the press release, users can now use fiat money or cryptocurrencies bitcoin (BTC) and ether (ETH) to invest in and trade Belarussian government bonds. Belarussian-based company Currency Com Bel LLC is reportedly the first organization to tokenize government bonds.

As is the case with other cryptocurrencies such as bitcoin, investors will be able to purchase fractional amounts of the new token. Initially, these tokens are being offered on the exchange at $1,000 per token; a token will represent one bond, and there will initially be 252 bonds with a 4.2% per anuum yield introduced to the exchange.

Co-Founder of Currency.com Viktor Prokopenya credits a piece of Belarussian legislation in 2018, Decree No. 8, which provided clear guidelines for the blockchain industry. Prokopenya said:

“All this was made possible by the progressive Decree No. 8 ‘On the Development of a Digital Economy’ that was ratified in Belarus in 2018, affirming the country’s commitment to playing a big role in the next chapter of the technological revolution.”

In a previous report by Cointelegraph, the national bank Oesterreichische Kontrollbank (OeKB) issued $1.35 billion worth of government bonds on behalf of the Austrian Treasury on the Ethereum public blockchain in an auction during September 2018.

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Major Austrian Bank Raiffeisen Joins R3 Corda-Powered Global Trade Finance Network

Austria’s Raiffeisen Bank International has announced it will pilot R3’s Corda-powered Marco Polo blockchain network for trade finance.

Austria’s Raiffeisen Bank International (RBI) has announced it will pilot R3’s Marco Polo blockchain network for trade finance, according to a press release shared with Cointelegraph on May 8.

As previously reported, Marco Polo — which is powered by R3’s Corda enterprise blockchain platform — counts major international banks such as BNP Paribas, ING and Sumitomo Mitsui Banking Corporation as members. Other prominent bank members include Standard Chartered Bank and NatWest, according to today’s press release.

RBI has reportedly been eyeing expansion in the Central and Eastern Europe market, after reporting a consolidated profit of 1.27 billion euros (around $142 billion) — up 14% year-on-year — in 2018.

As the release notes, Marco Polo leverages a distributed trade finance platform from TradeIX alongside Corda and aims to bring greater cost and time efficiency, as well as transparency, to commercial banks’ traditional and structured trade finance solutions.

In a statement, Daniel Cotti — managing director at the RBI Center of Excellence, Banking & Trade — said that the bank is looking to considerably expand its geographic coverage and help to drive Marco Polo as the main trade finance network in Europe and the fasting growing globally.

R3 CEO David E. Rutter underscored that “the current infrastructure that underlies trade finance is outdated and in need of investment and modernisation.” The blockchain-powered platform offers technological solutions such as APIs and an ERP-embedded application to innovate working capital offerings, the press release states.

As Cointelegraph has reported, Marco Polo successfully conducted its first live trade finance operations in March 2019 in an operation involving two German firms and major local bank Commerzbank.

A competitor trade finance blockchain platform, IBM-powered We.trade, made its commercial debut in 2018.

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Austria Considers Establishment of Fintech Regulatory Sandbox

The Ministry of Finance in Austria is considering the establishment of a regulatory sandbox for the fintech industry.

The Ministry of Finance in Austria is considering establishing a regulatory sandbox for the fintech industry, Cointelegraph auf Deutsch reports on April 26.

The country’s Finance Minister Hartwig Loeger said that the FinTech Advisory Council — which was formed by the Ministry of Finance last year —  will aid in the development of relevant rules to steer the “young financial market around digitized financial services,” including initial coin offerings (ICOs) and digital currencies to facilitate their growth. State Secretary Hubert Fuchs said:

“For some companies in the fintech industry, it is particularly difficult to keep track of all regulatory requirements and developments right from the start. Many of them give up and discard their business models. We want to take countermeasures against this.”

In the regulatory sandbox, fintech companies will purportedly be able to test and train their business models for a limited period under the supervision of the FMA. The announcement refers to the concept of a regulatory sandbox developed by the  Financial Conduct Authority (FCA) in the United Kingdom, and reveals that an expert from the FCA was therefore also involved in the development of the Austrian sandbox.

To become a participant of the sandbox, companies will have to fulfill certain requirements, such as the development of a business model based on information, communication, or blockchain technology, among others.

Loeger also stated that “the digitization of the financial services sector is one of the most crucial areas for the future of Austria. In the future, fintechs will be able to test their innovative business models in a sandbox.”

Earlier this week, Cointelegraph reported that Moscow and three other Russian regions will legally pilot the use of cryptocurrencies and blockchain technology in regulatory sandboxes.

In February, Bahrain’s central bank revealed plans to launch a regulatory sandbox to allow blockchain and crypto companies to work in the country, pending formalized regulations. The initiative will purportedly enable firms “to test their solution on a limited number of users, with a limited number of transactions.”

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Crypto Firm Bitpanda Secures Payments Service Provider License Under EU Rules

Viennese crypto and fintech firm Bitpanda has received a payment service provider license from Austria’s financial regulator in accordance with EU-wide rules.

Viennese crypto and fintech firm Bitpanda has received a payment service provider license from Austria’s financial regulator. The development was reported by Cointelegraph auf Deutsch on April 4.

The license has reportedly been issued to Bitpanda Payments GmbH by the Austrian financial market authority (FMA) in accordance with the European Union’s Payment Services Directive 2 (PSD2).

In force since January 2018, PDS2 introduced revised rules for payments service providers — whether traditional banks or fintech firms — across the European Economic Area (EEA) and the EU.

Bitpanda, which operates a retail crypto brokerage platform, has said in a press release on April 4 that the new license will allow it to widen its business model and offer new payment solutions to support its crypto offerings.  

The announcement emphasizes that procurement of the license can help to erode barriers between the crypto space and the world of traditional finance.

Philipp Bohrn, one of Bitpanda Payments’ two managing directors, was reportedly managing director of the Association of Financial Service Providers in Austria’s chamber of commerce for 9 years prior to his role at Bitpanda. His colleague, Lukas Enzersdorfer-Konrad, was formerly Head of the Department of Digitalisation and Innovation at Austrian banking group Raiffeisen.

Enzersdorfer-Konrad has said the license will enable the cryptocurrency fintech to offer more “convenient and innovative features and services” that aim to make “digital assets spendable anywhere that users want.”

Across the globe, jurisdictions are adapting their existing regulatory regimes in light of the rapid changes to the payments landscape heralded by crypto, blockchain technologies and other fintech innovations. In Singapore, the country’s central bank broadened its framework for payments providers to include certain crypto payment tokens in November 2018.

In Japan, financial services company SBI Holdings secured a license as a registered electronic payments services provider for its joint operations with Ripple in September 2018.

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Austria’s Largest Energy Provider Develops Blockchain Fridge With Bosch

Wien Energie has announced their new blockchain fridge, developed with Bosch, as part of a sustainable energy consumption experiment.

Austria’s largest energy provider, Wien Energie, has developed a blockchain-driven fridge in partnership with tech giant Bosch, Cointelegraph’s correspondent reported from the ANON Blockchain Summit Austria.

Wien Energie presented the new model during the crypto conference in Vienna on April 3. The official release claims that the decentralized technology is used in the construction of a refrigerator for the first time.

The main goal behind the project is to increase consumer interest in the sustainable consumption of energy. A blockchain solution in this case allows one to choose the source of the energy, be that a solar panel or a wind power plant. Each kilowatt used by the fridge can be traced to its origin, the release reads.

Moreover, the blockchain fridge can be fully operated via smartphone. A user is able to control the temperature of the fridge and freezer, check whether the door is properly closed, and trace the energy consumption and CO2 emissions.

According to the official statement, the model is not yet on sale. Wien Energie and Bosch will first test the blockchain fridge with three pilot customers in the coming months.

Wien Energie CEO Peter Gönitzer considers blockchain a great opportunity to reduce the unnecessary waste of energy, the release notes. According to him, the decentralized ecosystem could contribute to creating a transparent and user-friendly energy market.

Moreover, the Austrian company also plans to trial blockchain implementation in the energy sector on a larger scale. The firm has already partnered with blockchain interface company Riddle & Code to deploy decentralized infrastructure in an unnamed urban development area.

Per release, the concept has already been developed, and the trial will start within a few months with the participation of about 100 residents. The project, above all, is set to find out which smart energy tariffs will function in the area.

As Cointelegraph previously reported, Wien Energie announced in March that it is considering launching a charger for electric cars based on distributed ledger technology. The trial for the aforementioned project is also conducted together with Riddle & Code: the companies are testing an electric vehicle charging station with integrated secure machine identity in Vienna.