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Blockchain Industry News

Tech Giant Bosch Designs Blockchain Fridge with Austria’s Biggest Energy Supplier

This year’s ANON Blockchain Summit Austria recently concluded on a high note, with the event revealing the collaboration between Austria’s biggest energy supplier, Wien Energie, and Bosch. The two companies have reportedly developed a blockchain-powered fridge.

First Ever Blockchain Fridge

Wien Energy unveiled the blockchain fridge during the cryptocurrency event on April 3. According to the company’s official press statement, it was the first time the decentralized technology was utilized in the design of a refrigerator.

The project’s main objective is to boost the interest of consumers in sustainable energy consumption. In this instance, a blockchain solution lets the user select the energy source, whether it’s via a wind power plant or from a solar panel. The press report emphasized that every kilowatt used by the new fridge model can be traced back to the original power source.

Operated with Smartphone

What’s more, Bosch and Wien Energy’s new fridge can be operated using a smartphone. The user can use the smart device to check if the door is closed properly, control the temperature of the freezer and trace CO2 emissions and energy use.

The groundbreaking refrigerator is not on sale yet as the two companies are set to conduct product testing in the next few months. They will be helped by a trio of pilot customers.

CEO of Wien Energie, Peter Gonitzer

Peter Gonitzer, the CEO of Wien Energie, is said to firmly believe that blockchain presents a remarkable opportunity in the reduction of unnecessary energy waste. Gonitzer claims the decentralized environment can lead to the creation of a user-friendly and open energy market.

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