Austria’s Largest Energy Provider Wien Energie Unites With Bosch To Create Blockchain Refrigerator

Austria’s Largest Energy Provider United With Bosch To Develop Blockchain Fridge

You what’s a marvel idea? A blockchain fridge. If you think that’s kind of weird, you should know that one was just announced on the ANON Blockchain Summit Austria, which is happening right now.

Wien Energie, the largest energy provider of the country, has joined forces with the tech giant Bosch in order to create a blockchain-driven fridge. According to the announcement, Wien Energie and Bosch have used the decentralized tech in order to create a refrigerator.

Before you get afraid that this new refrigerator is going to freeze your crypto assets, you should know that it obviously has nothing to do with cryptos. In fact, the model was created to raise the consumer interest on sustainable consumption of energy.

With the blockchain solution implanted into the project, you can use a wind power plant or solar panel to power up your fridge and use green energy only. Also, you can track all the energy back to its origin, so it’s pretty cool to have this kind of control.

The refrigerator will be fully controlled with a smartphone if you want to. Using the device, you can change the temperature of the fridge, check if the doors are properly closed and even trace its energy.

This brand new model is still not available to be sold at the moment. The product will be tested and possibly upgraded before it finally reaches the market.

Using The Blockchain To Save Energy

Peter Gönitzer, the CEO of Wien Energie, considers the blockchain to be a great tool to diminish energy waste. According to him, the technology can be the perfect tool to find clever ways to reduce how energy is being wasted without the customers knowing.

The decentralized market of energy, he believes, could be very important for turning to the world into something friendlier with the environment.

Now, the Austrian energy company is planning to use the blockchain technology on a larger scale. Trials are already being done to do it and the company has started several partnerships with companies like Bosh and Riddle & Code. In this case, Riddle & Code will help to deploy the decentralized structure that will be used in a large urban development area in Austria.

The trial is ready to be started this year and will have over 100 residents adhering to it initially. If the project is successful, it will be properly scaled to use “smart energy” in all the region.

Wien Energie is also working with blockchain-based electric cars. The first trials of the technology are already being made together with Riddle & Code in Vienna.

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