Application of blockchain technology

Salzburg industrialists, politicians and researchers met at the Industry Day of the Salzburg Chamber of Commerce and discussed how to strengthen Salzburg as a digital location.

Dominik Engel, expert for safe energy systems and research director of the CSE, gave a key-note presentation about the blockchain technology and the chances that it offers for digitalization. Being a software innovation, the new technology could have a significant impact on virtually all sectors of the economy.
“The blockchain is a tool for digitization, but not the solution to all problems,” explained Engel. In cooperation with Salzburg AG, Dominik Engel is currently testing a private blockchain for the exchange of energy at photovoltaic plants in K√∂stendorf.

From the perspective of the industry and politics, it is important to make Salzburg more visible as a research and IT location. The industry is already in the middle of the digital transformation, but needs to be better equipped in this regard. In particular, it will be important to win IT talents for Salzburg.