The Energy Web Chain is a public, enterprise-grade blockchain platform designed for the energy sector’s regulatory, operational, and market needs. Launched in mid-2019, it has become the industry’s leading choice as the foundational digital infrastructure on which to build and run blockchain-based decentralized applications (dApps).
The EW Chain is a public blockchain network open to all utilities, users, and devices. With a virtual machine identical to public Ethereum, developers can begin writing smart contracts and dApps with little to no additional learning curve. 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 Chain is one of the only public blockchains among any industry worldwide whose validator nodes are run by known corporations, many of them some of the largest and most-respected energy companies globally.
The EW Chain features a native utility token, the Energy Web Token (EWT). The token protects the network against misbehavior, compensates validators via transaction fees and block validation awards, and can be used to pay for middleware services that streamline and enhance dApps.
The Energy Web is accelerating a low-carbon, customer-centric electricity system by unleashing the potential of open-source, decentralized, digital technologies.
Announcing our next speaker at Energy Innovation Days #EID21... @orioldevall of ... @energywebx on #blockchain and the #EnergyTransition. Get your free ticket now! #energy #innovation #eoninnovation
We need more of this: major power grid regulators like @californiapuc laying out... a clear roadmap to embrace and more fully tap the potential of decentralized energy technologies.
As we @energywebx keep building and introducing new tech to support the ... #EnergyTransition, we now better understand how to integrate with and create practical integration pathways for existing IT systems that electric grid operators, utilities, etc. use. https://medium.com/energy-web-insights/pjm-eis-update-modernizing-a-legacy-u-s-rec-tracking-system-with-blockchain-based-technology-db0ad5a4f924
Our own @DougJMillerJr takes a fresh look at our work adding ... #blockchain-enhanced functionality to one of the world's largest #renewableenergy certificate (REC) tracking systems, with PJM-EIS, part of @pjminterconnect.
Innovation in #Digitalization and #blockchain for the #energy sector continues ... in South America, with the latest news coming out of Chile [in Spanish]:
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Energy Web is incorporated in Zug, Switzerland
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