TECHNOLOGY

The Grid’s New Digital DNA

The Energy Web Chain is a public, enterprise-grade blockchain platform specifically designed for the energy sector’s regulatory, operational, and market needs. It has become the industry’s leading choice as the foundational digital infrastructure on which to build and run blockchain-based decentralized applications (dApps).

Interoperable and Universally Accessible

The EW Chain is a public blockchain network open to all utilities, users, and devices.

Developer-friendly

With a virtual machine identical to public Ethereum, developers can begin writing smart contracts and dApps with little to no additional learning curve.

Supported by the Global Energy Community

A validator- and developer-based approach to on-chain governance stewards the blockchain in the best interests of the global energy sector.

Performance-built

The enterprise-grade EW Chain boasts high scalability, low transaction costs, and lean energy consumption, thanks to its permissioned Proof-of-Authority consensus.

The Energy Web Token

As with most public blockchains, the EW Chain features a native first-layer utility token, the Energy Web Token (EWT). The token serves two main purposes: a) protect the network against misbehavior and b) compensate validators via transaction fees and block validation awards.

Users and application developers are not required to use EWT for their own applications beyond paying for transaction costs on the EW Chain. They can use cryptocurrencies or fiat currencies, as well as second-layer tokens native to their particular applications.
The Energy Web is an open-source, scalable blockchain platform specifically designed for the energy sector’s regulatory, operational, and market needs.

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