The company has been testing the services in Vienna’s Second Quarter (Viertel Zwei) and once it has collected enough experience there, it will develop business models and bring them to market, Wien Energie’s Chief Innovation Officer Astrid Schober told Reuters. Viertel Zwei is an office and residential area in Vienna.

It has promoted itself in the past 10 years as a green city district for urban living based on sustainability. The end-customer products incorporating blockchain based services could include electric car stations connected via the technology, industry experts say.

They could also include services around land registry and power supply. During the German E-World of Energy fair, products such as green electricity provision, electric car charging or land registry services were within reach, Schober said.

“It may be overoptimistic but services may become available this year as we are trying to be active and build the know-how in our company fast,” she said. Schober said the company was however aware of the disruptive potential of blockchain.

“If the technology means there are no intermediaries any more, it becomes an issue for us, so we are actively looking into other business models,” she said. Wien Energie, which is a Vienna-based gas distributing company, can reach the 2 million retail and 235,000 commercial customers it already supplies. Read more from…

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