DLT Austria is an independent think-tank and sees itself as a platform for the exchange of ideas on Blockchain-Technology. DLT Austria will contribute significantly to evolve Austria into a leading country for Distributed-Ledger-Technologies. Through targeted networking, coordination and promotion of players from science, business, education and society, we want to contribute to the targeted and sustainable application of DLT in Austria.
- We are accomplishing awareness for the benefit, the opportunities but also for the consequences of Blockchain-Technology (Transformation process)
- We are the main driver for Blockchain initiatives
- We are a platform for knowledge, exchange and communication
- We are the the place to go for questions, problems or ideas related to DLT
New technologies imply big challenges and create a lot of uncertainty!
To be able to ask the proper questions and reach your goals, it is necessary to understand the fundamental technology, their functionality and use cases.
DLT Austria is bridging this gap and serves as a Think Tank and platform to facilitate an exchange for all related topics regarding Distributed-Ledger-Technologies.
A well-directed network, the coordination and the support of science, economy, education and community stakeholders enables us to facilitate a sustainable use of Blockchain-Technology in Austria.
Accomplish more together!
Our role is to be the link between stakeholders and policymakers.
The goal is to build up basic knowledge for everyone interested in Distributed-Ledger-Technologies. The focus is set on the Blockchain-Technology and its use cases in business and industry areas like automotive, finance, insurance, public administration, real estate, transport, ICT, energy and many more.
We set up, we organise and we maintain all relations to strengthen the network. Our initial focus is set on Germany, Austrian and Switzerland.
Many decision makers have the difficult task to find or identify a proper use case. The correct approach to this problem is crucial. We help to develop ideas for potential use cases free of limitations and offer therefore Innovation Workshops, Design Thinking and Hackathons.
The pilot project should analyse and question the Startups or enterprises in their and related industries. As a follow up it is necessary to evaluate if these ideas are putting the own business at risk and to find the optimal approach. We connect, we cooperate or we work together on innovative solutions.
The DLT Austria team of the information and networking platform on distributed ledger technologies and blockchain technology. Together we strengthen the ecosystem, drive developments forward and teach in the field of highly innovative technologies. We are long-standing entrepreneurs, developers and consultants who enjoy networking and imparting knowledge.
Eduard PrinzChairman & Founder | Strategy & Management | Ethereum-Specialist | Blockchain-Architect.
Gottfried SzingBusiness Analyst & Software Architect.
Jeannette GorzalaLegal Expert.
Geronimo-Noah HirschalEntrepreneur in the field of digitization.
Roman MühlbergerTechnology Management & Digital Innovation.
Johannes DuongEthereum Specialist & Developer.
Mario IvanovBusiness Analyst & Software Architect.
Ninoslav TeodosijevicBlockchain Experte für Energie & Klimaschutz.
Philipp Sandnerhead of the Frankfurt School Blockchain Center at the Frankfurt School of Finance & Management. His subject areas include blockchain technology in general and in particular crypto values such as Bitcoin and Ethereum, the digital programmable euro, tokenization of rights and assets and the area of digital identity. The FSBC advises financial institutions, industrial companies and startups on their blockchain activities.
Jonas Grossis a research associate and project manager at the Frankfurt School Blockchain Center (FSBC), a think tank of the Frankfurt School of Finance & Management.
Zoltan Fazekasis CTO of MyPrivacy GmbH and also works as a consultant for blockchain projects. Zoltan teaches as a lecturer, is the supervisor of theses at universities and colleges and teaches blockchain courses at the Technikum Wien Academy.
Maximilian Forsteris CBO & Co-Founder of CashOnLedger Technologies GmbH. In addition, he is a member of the AG Digital Finance of the Economic Council of the CDU, a member of the AG Payments & Blockchain at BITKOM e.V. and co-founder of Blockchain Bayern e.V.
Jürgen Eckelis CIO at RIDDLE & CODE - The Blockchain Interface Company He is an expert in cybersecurity and distributed ledger technology. Above all, he loves to combine his technological know-how with his knowledge of the market in order to develop new products, innovations and technologies.
Astrid Woollardis Co-Founder and General Partner at SMAPE Capital. She is an investor in Tokenized Ecosystems, a technology researcher and an IP management expert. As an internationally recognized expert and speaker, she can be seen regularly at the most important events and meetups.
Hans-Juergen Griesbacheris Co-Founder and CEO of Trever. Trever specializes in the development of financial software in the field of cryptocurrencies and provides financial institutions with secure and efficient access to digital currencies.
Benjamin Rathis Co-Founder and CTO of Trever.io. Trever develops and sells high-performance and reliable financial software that is based on the combination of blockchain technology with machine learning and artificial intelligence.
Krzysztof [Kris] Paruchis token engineer and cryptoeconomist at the Research Lab for Cryptoeconomics (WU Vienna). He is the founder of a scientific research and consulting company specializing in the design, modeling and building of token systems.
Daniel E. GosterxeierFounder & CEO VID International, co-founder of CHARONIUM, blockchain enthusiast, expert in cybersecurity, digital identity workflows and digital identity. Many years of experience in the field of UI / UX.
Peter Holzeris a freelance software engineer & architect. Specialized in web development and IoT. His passion is also blockchain \ DLT.
Gabriel KunzerFounder and CEO of KunGa Productions, is a certified expert for data and IT security. His passion is also blockchain / DLT and decentralization.
Marina MarkezicFounder of Unlawcked and Governance Consultant. She is also the founder of the EU Crypto Initiative. The European Crypto Initiative (EUCI) was launched to influence current EU draft regulations such as the Markets in Crypto Assets Regulation (MICA) to ensure a positive approach to decentralized use cases, open blockchains and innovation without permission.
Andreas RielIs a professor at Grenoble INP University. A public higher education institution of the University of Grenoble Alpes, bringing together engineering and management schools and research laboratories. He is also a coach, consultant & trainer at the ISCN GmbH with a focus on the automotive and mobility sector, as well as a project manager at the ECQA GmbH.
Robert Schwertneraka [CryptoRobby] is CEO at INNOMAGIC Deutschland GmbH and INNOMAGIC GmbH. He is an independent blockchain consultant with a focus on industrial applications. Offers insights into blockchain and cryptocurrency topics, for example: at www.cryptorobby.blog.
Martin BechterCFO mit VC background, Web2 & Web3 investor.
Christian Baumannis an IT consultant, experienced in different sectors (industry, automation, e-Government) for 30+ years (baumann.at). Since 2015 he is focused on blockchain technology (e.g. Document- and Data-Notarization as well as Tokenization) and has developed and implemented numerous applications in this context. He further leads the blockchain working group of "AustriaPro", is co-founder of the "Blockchain Initiative Austria" and Co-Founder and CTO of "Infinite Trust Digital GmbH".
Daniel MüllerIn the cryptocurrency space since 2016. Bought the first properties on Cryptovoxels, Decentraland and The Sandbox in April 2019. CEO & Founder of deZentrale.at. Full time in crypto and NFTs since 2022.
Aleksandar Vrglevskiis in the cryptocurrency / blockchain space since 2016 and is especially interested in DAOs and privacy-related projects, which he was researching on as a part of RIAT. Nowadays he is the focal person for Blockchain&Fintech at the Vienna Business Agency.
Martin Hanzlis Head of New Technologies at EY Law and responsible for all legal issues relating to digitalisation and new technologies. He advises renowned FinTechs & InsureTechs on blockchain, IT/IP issues and the application of artificial intelligence. His philosophy: 'Great ideas and innovations deserve the best possible protection'. The digital law expert is also project manager of the Blockchain & Smart Contracts project of the European Law Institute (ELI), start-up mentor, expert author and speaker.
Bernhard Krickis Managing Director of OeNPAY, the Innovation HUB of the Austrian National Bank. He is a banking and IT expert with over 20 years of management responsibility. He has in-depth knowledge in the areas of digital banking, payments, cash management and software development. He is passionated about blockchain technology and the token economy.
They are set up to be of a digital or physical nature and are free of charge. The topics are well selected from the world of Distributed-Ledger-Technologies. Everybody is welcome!
Frequently Asked Questions
The most frequently asked questions Around Distributed Ledger Technologies and Blockchain Technologies.
What is blockchain technology?
In the simplest sense, a blockchain can be described as a data structure that contains transaction records while ensuring security, transparency, and decentralization. You can also think of it as a chain of records, which are stored in the form of blocks that are basically not controlled by any single entity.
A blockchain is a distributed ledger that is completely open to everyone on the network. Once information is stored in a blockchain, it is extremely difficult to change or delete it. Each transaction is secured with a digital signature that confirms its authenticity. Due to the use of encryption and digital signatures, the stored data is tamper-proof and cannot be changed.
Blockchain technology allows all network participants to reach an agreement, commonly referred to as consensus. All stored data is recorded digitally and has a common history that is available to all network participants. This eliminates the risk of fraudulent activity or duplicate transactions ("double spending") without the need for a third party.
How does a blockchain work?
A blockchain is a chain of blocks. These blocks can contain any type of data or information. A new block consists of the hash of the previous block and the new data. Together these form the hash for the next block.
Ein Hash ist ein eindeutiger mathematischer Code, der zu einem bestimmten Block gehört. Wenn die Informationen im Block geändert werden, dann ändert sich auch der Hash des Blocks. Die Verbindung von Blöcken über eindeutige Hash-Schlüssel macht Blockchain Manipulations- und Fälschungssicher. A hash is a unique mathematical code that belongs to a specific block. If the information in the block is changed, the hash of the block also changes. The connection of blocks via unique hash keys makes blockchain tamper-proof and forgery-proof.
Each transaction must be validated by a node on the network. In the Bitcoin blockchain, these nodes are called "miners" and use the concept of proof-of-work to process and validate transactions in the network. For a transaction to be valid, each block must refer to the hash of the previous block. The transaction only takes place if the hash is correct.
This ensures that the blockchain is immutable. Every change that is made to the block chain is reflected in the entire network, easily recognized and thus classified as invalid.
What are the characteristics of a blockchain?
The basic idea is that each blockchain is managed in a decentralized manner. This means that no single person or group has control over the entire network. While everyone in the network has a copy of the distributed ledger, nobody can change it themselves. This unique function of the blockchain enables transparency and security.
Peer to Peer Transaction
The blockchain makes it possible for two parties to interact securely without them knowing each other and makes a third party, which normally serves as a guarantee of trust, obsolete. Since the entire network keeps an identical copy of the transactions and is also validated by the network, the question of trust does not arise for the second party, because this is checked by the network and ensures that everything is compliant with the rules.
Immutable and tamper-proof
The immutability property of a blockchain refers to the fact that data once written to the blockchain cannot be changed. If you try to change the data of a block, the entire subsequent blockchain has to be changed, as each block stores the hash of the previous block. A change in one hash results in a change in all subsequent hashes. It is extremely complicated and computationally expensive to change all hashes and would also require the consensus of the entire network. Therefore, the data stored in a blockchain are not susceptible to changes or hacker attacks due to their immutability and can therefore also be viewed as tamper-proof.
What types of blockchains are there anyway?
Although the blockchain has developed on many levels since its inception, there are two main categories in which it can mainly be classified:
- * Public blockchain
- * Private Blockchain
Both a public and a private blockchain have decentralized peer-to-peer networks. All participants in the network keep a copy of the shared ledger with them and verify each new transaction by consensus.
Public blockchain - This is a so-called "permissionless" blockchain, anyone who has access to the Internet can download and access it and become a node in the blockchain. Therefore, the control is incumbent on the general public. An example of a public blockchain is the Bitcoin blockchain.
Private Blockchain - In contrast to the public blockchain, the “permissioned” blockchain requires a permit or invitation to participate. Overall control of the network is in the hands of the owners. Private blockchains can be run independently of one another or integrated into other blockchains. These are typically used by businesses and organizations. Therefore, the level of trust required by the participants in private blockchains is higher.
What are the most famous uses of blockchain technology?
The first application was that of the cryptocurrency. The security that everyone only spends the amount they own and that they can be trusted without knowing them, makes the whole thing so revolutionary.
Smart contracts perform similar functions to paper-based agreements. The distinguishing feature of intelligent contracts is that they can be executed both digitally and personally. Self-executable means that if certain pre-determined conditions are met, these contracts are then automatically considered to be fulfilled and trigger an action.
Intellectual property protection
Digital content or information can be easily reproduced and distributed using the Internet. Because of this, people from all over the world have the opportunity to copy, replicate, and use them without giving credits to the actual producer of the content. There are copyright laws to protect such issues, but in the current scenario these laws are not adequately defined according to common global standards. With the help of blockchain technology, all copyrights can be saved in the form of intelligent contracts. Since blockchain is immutable, an entry that has once been stored in the blockchain cannot be changed or modified. The owner of the work has overall authority over ownership and distribution of the content.
The world is becoming more digital every day. For example, if you want to conduct financial transactions online, you can easily access your money using your log-in details. In this case, however, no one can ensure the identity of the person moving the money. If someone compromises your username and password, they can do anything with your money. The need of the hour is to have a system that manages individual identification on the web. The distributed ledger technology used in blockchains gives you advanced methods of public-private encryption that you can use to prove your identity and digitize your documents. This unique secure identity can serve as your savior when conducting financial transactions or online interactions in a shared economy. In addition, the gap between different government agencies and private organizations can be closed by a universal online identity solution that blockchain can offer.
Please note that our activities as an association are carried out by all members on a voluntary basis. We endeavour to answer all enquiries promptly.
Kärnterring 2/28, 1010 Wien
Disclosure in accordance with § 25 Media Law
Association for the promotion of Distributed-Ledger-Technologies in Austria (DLT Austria)
Kärntner Ring 2/28
Association register number (ZVR-Zahl)1525722335
Association register extract DLT Austria persisted as SHA256 in EthereumClick here!
In solidarity with other leading organisations from the blockchain and crypto community, we are linking to the Bitcoin whitepaper on our web presence.
We believe that Bitcoin being open source, maintaining access to the Bitcoin whitepaper is essential to inform others about the beginning of DLT and Blockchain technology.
We oppose the legal threats against two key contributors to the Bitcoin whitepaper and hope that this page will recall the spirit in which Satoshi Nakamoto first published his groundbreaking message about the peer-to-peer electronic cash system in 2009.