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Blockchain

Objectives

In this initiative, the benefits of the blockchain technology for the electrical sector are to be discussed and demonstrated by way of examples of specific processes or selected products. The blockchain technology basically promises to depict services, products and goods flows digitally, transparently and tamper-proof, as every participant in the blockchain has the same data status and updates take place in real-time. Processes can be simplified or automated, and transactions can not only be accelerated but also executed more cheaply.

Specific application areas which are to be investigated are, amongst others, specifying, tracking and certifying products, creating digital, secure identities in order to equip these with certain permissions, and implementing decentralised, efficient accounting via a blockchain.