Austria’s Biggest Utility Company to Test Blockchain Energy Trading

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Wien Energie, Austria’s largest informal appetite company, is fasten a organisation of others from a attention to attend in a blockchain commander with a aim to cut down costs associated to appetite trading.

The appetite hulk will use Canadian blockchain organisation BTL’s exclusive Interbit platform. Launched in early 2016, Interbit is a multi-chain remittance height formed on distributed bill record that was grown to capacitate faster and significantly cheaper transfers of supports and assets.

Wein Energie’s Chairman, Michael Strebel stated:

Blockchain record is a serve digitization trend in a appetite industry. As Austria’s largest appetite use provider, we wish to actively make use of a record and a chances for a business and us.

Wien Energie provides electricity, healthy gas and heating to a scarcely 2 million people in Austria. The association is reliant on decentralized era and appetite services, while producing electricity and feverishness from renewable energies as good as rubbish recycling and cogeneration plans.

The commander plan will also see a appearance of consulting organisation Ernst Young Austria and will run for 3 months, from

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