Bitcoin Accepted! German Energy Giant Enables Payments
Time will tell how many customers will accept Bitcoin as a method of payment for their utility bills, says Enercity which announced on Friday, September 16 that Hanover residents can now pay for their energy use with the virtual currency. Enercity CEO, Dr. Susanna Zapreva, who made the announcement, said digitization has already been fixed into various parts of the everyday life of their customers and the introduction of Bitcoin payment is just a step on the road to the digital future. In a statement from the company, it says digitization has changed the whole economy including the energy....
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Swiss banking giant UBS bank has partnered with German energy company Innogy and automobile manufacturing company ZF to provide a blockchain-backed Car eWallet that enables charging of electric cars. Due to be showcased at CES in Las Vegas, the Car eWallet can also be used for other payment related services such as parking fees, car sharing or road tolls by paying on-the-go, reports the International Business Times. In a UBS statement, it said: With the Internet of Things we will see in the future more and more devices enabled to autonomously pay for services. For UBS it is important to....
Bitcoin as a global payment option is just one step “on the road to a digital future”. Using Bitcoin for everyday needs and purchases remains somewhat difficult. The average person on the street will not buy cryptocurrency to pay for computer parts or book a trip to Italy. But Enercity, a German energy provider, has added a proper use case, as they now accept Bitcoin payments. This means users can pay their electricity bill with Bitcoin directly. In most countries, cryptocurrency enthusiasts would be more than happy to pay regular bills with Bitcoin. Until that becomes a reality,....
A new survey has found that the energy sector in Germany may soon be adopting the blockchain technology with many energy companies outlining a road map for the implementation of the technology in the future, according to the German news site, Contra Magazin. The survey, undertaken by Deutsche Energie-Agentur (German Energy Agency) and ESMT Berlin, looked at the responses from 70 executives serving firms in the energy sector. The results found that 39 percent indicated that their companies have plans in the future to implement the technology. While another 13 percent stated that they....
The German state-funded energy project uses DLT to enable transparent market transactions. A blockchain-based energy trading platform backed by German tech giant Siemens is being publicly demonstrated in a Bavarian municipality today.The so-called “Pebbles” project — short for “peer-to-peer energy trading based on blockchains” — is holding a virtual demo of its blockchain-based marketplace platform for optimized electricity trading. The demo was officially announced by the project on Oct. 22.The public demonstration of Pebbles’ energy platform in the town of Wildpoldsried in Bavarian marks....
Customers of one of Germany’s largest energy providers Enercity can now pay their electricity bills with bitcoin, the company announced today. Hanover Residents Can Pay Utility Bills With Bitcoin. Enercity provides both the public and industry with electricity, gas, district heating, and drinking water. One of the ten largest energy companies in Germany,....