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FOKUS supports VDE with expertise on blockchain technology  

News from May 19, 2020

The German “Verband der Elektrotechnik” (VDE) has published a guideline paper on the subject of blockchain. The paper aims to present an overview of various technical aspects and common terminology definitions complex subject area of blockchain. In-depth topics such as security and reliability of the technology are also discussed.

The guideline was drawn up by the VDE “Energy Blockchain Task Force”. A number of stakeholders from science, industry, and research are involved in the task force. FOKUS scientists have contributed to the development of the guideline, too, and provided their expertise with the blockchain technology. They were able to draw on their experiences of the SINTEG project WindNODE, in which blockchain solutions for the energy trading sector are developed and evaluated.

Further, the “Energy Blockchain” expert group will also prepare a white paper by the end of the year, which will build on the results of the guideline paper on blockchain. The white paper will explore the new technological possibilities that blockchain technology offers in the field of sustainable energy production.

The guideline paper can be download on the VDE’s website. Please note that the paper is only available in german.

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