Frankfurt School Blockchain Center and WPO enter into partnership

Frankfurt am Main - September 28, 2020 - Frankfurt School Blockchain Center and WPO have entered into a partnership. WPO is a leading independent European platform for asset management and specialist services in wind power and solar photovoltaic energy. Through Distributed Ledger Technologies (DLT), WPO aims to create the conditions of trust necessary to optimize the renewable energy sector.

The Frankfurt School Blockchain Center is a think tank and research center which investigates implications of the blockchain technology, crypto assets and distributed ledger technology (DLT) for companies and their business models. As part of the new partnership, FSBC will support WPO with advisory, consulting and networking services to further strengthen its footprint in the industry and eventually accelerate the transition to renewable energy .

Founded in 2008, WPO provides a full range of technical, commercial and financial support for the renewable energy sector, in particular for wind and solar technologies. WPO is able to optimize the production of renewable energy and actively increase its share in the European electricity mix. With its recent Initial Coin Offering (ICO), WPO intends to build an intelligent and seamless European multi-services platform for the management of energy data based on Blockchain and artificial intelligence.

With its industry experience and far-reaching network, FSBC supports WPO in making the shift to renewable energies faster. As an academic institution, FSBC will also provide impulses for research and development at the interface between AI and Blockchain.

Prof. Dr. Philipp Sandner, Head of FSBC, commented on the partnership: “WPO and FSBC alike will strongly benefit from the new strategic partnership. While we have gained a powerful partner in the renewable energy sector, WPO will be able to rely on our technical expertise and related consulting services around blockchain, crypto assets and DLT.”

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