Adjusting regulation to market developments
Participants at the event in Bern discussed possible blockchain use cases such as self-consumption communities, transparency in renewable power consumption, ticketing systems in public transport or autonomous vehicles. Startups and companies from all over Europe presented market-ready blockchain solutions. Yet it also became clear that blockchain technology is still in its infancy. In terms of regulation, this means first observing evolutions in the market, on the basis of which to deduce the necessity for and the more precise nature of regulatory measures, said Matthias Galus, Head of the Digital Innovation Office at the Swiss Federal Office of Energy.
Cooperation is key
When developing blockchain applications, customer requirements must take centre stage, said Daniel Schafer, CEO of Energie Wasser Bern. He also underlined the importance of cooperation: «When it comes to blockchain technology, we must all work together: utilities, other municipal players, industrial players and all others who are able to contribute – nobody stands to win from everyone working away at their own solution.»