Austria-based fiber supplier Lenzing Group plans to apply blockchain to track its fiber supply and to “green up the textile industry.”
Austria News
The Federal Republic of Austria is a country in central Europe with 88,000 square kilometers of area and a population of around nine million people. Austria has a developed, highly-industrialized economy that provides itself with one of the highest GDPs per capita. The main industries in Austria are construction, machinery, agriculture and wood products. Austria had the largest industry companies nationalized until the 1980s, when privatization started to reduce state holdings. Bitcoin is legal in Austria. However, Austria has issued Bitcoin taxes, despite not considering it to be a currency. For the rest of the industry, Austrian blockchain-related businesses are free to operate. Austria has Bitcoin ATMs, Bitcoin exchanges and cryptocurrency startups. The high personal income and level of education make Austria a welcoming place for blockchain startups.
- News
- Interview
We sat down with Ulrike Huemer, the CIO of Austria’s capital city Vienna, to talk blockchain and to elaborate on its role as part of the Smart City initiative.
- News
Austria’s Raiffeisen Bank International has announced it will pilot R3’s Corda-powered Marco Polo blockchain network for trade finance.
- News
The Ministry of Finance in Austria is considering the establishment of a regulatory sandbox for the fintech industry.
- News
Viennese crypto and fintech firm Bitpanda has received a payment service provider license from Austria’s financial regulator in accordance with EU-wide rules.
- News
by Ana Berman
Wien Energie has announced their new blockchain fridge, developed with Bosch, as part of a sustainable energy consumption experiment.
- News
Austrian Minister for Digital and Economic Affairs Margarete Schramboeck said that “we do not need regulation for blockchain.”
- News
by Aaron Wood
Major Austrian energy provider Wien Energie is exploring the use of DLT for electric car charging stations.
- News
by Ana Berman
Iran is reportedly in negotiations with eight countries to use cryptocurrencies for international transactions.
- News
by Ana Berman
Vienna has conducted several successful blockchain trials, preparing to launch its own token to reward citizens.
- News
by Ana Berman
The number of crypto ATMs around the world kept growing in November, despite the recent market crash.
- News
by Aaron Wood
The Austrian Blockchain Center has been established in the city of Vienna, where it will collaborate with local academics in multidisciplinary research.
- News
Austria says it wishes to “highlight” blockchain during its upcoming E.U. presidency after announcing support for blockchain-based cancer research.
- Analysis
by Henry Linver
Successful trials show blockchain could cut red tape and boost the secondary market.
Editor’s Choice
- Bitfinex and Tether Obtain Stay of Demands From New York Supreme Court
- South Korean Gov’t Announces Second Study Group for Blockchain Regulations
- Copyright Registrations Do Not Recognize Craig Wright as Satoshi Nakamoto
- Bitcoin Falls Under $7,900 as US Stock Market Sees Minor Uptrend
- Bitcoin, Ethereum, Ripple, Bitcoin Cash, EOS, Litecoin, Binance Coin, Stellar, Cardano, TRON: Price Analysis May 22