Blockchain – added value for companies?

05.03.2019 The results of the dena multi-stakeholder study “Blockchain in the integrated energy transformation” were presented in Berlin on 26 February 2019. Dr Stefan Grösser, Head of Department and Professor of Strategic Management and Business Analytics at Bern University of Applied Sciences, was involved in the study in an advisory capacity.

German energy agency dena teamed up with companies and recognised experts to analyse blockchain technology in a multi-stakeholder study. The study examined specific fields of application and potential applications of blockchain technology in the energy system.

The results of the study show that the use of blockchain in specific fields of application in the energy industry can represent added value for companies from an economic, technological and regulatory point of view. However, these dimensions must always be evaluated separately and weighed against each other.

“The study gave structure to an innovative and therefore still relatively obscure subject matter,” says Dr Stefan Grösser. The Professor of Strategic Management and Business Analytics at Bern University of Applied Sciences was involved in the study in an advisory capacity. According to Dr Grösser, the findings will help the energy industry to develop a terminology that will advance all players in this field.

The study examined various practice-related issues, analysing whether the technical prerequisites for blockchain technology are already sufficiently fulfilled in practice. A further question was how applications of digital information and communication technology can be operated economically and reliably in specific business models.

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Subject area: Computer Science