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.
That time the United Nations (@UN) writes about #EnergyWeb, the @CryptoClimAcc, ... and how to #makecryptogreen. 👇 Their conclusion: “The UN should continue experimenting in the #blockchain space.” ⚡️ https://news.un.org/en/story/2021/06/1094362
How does Austria’s first energy community work? Consumers purchase PV plants ... shares via MyPower-R&C energy tokenization platform that is deployed on @energywebx tech stack. Based on energy produced, tokens can be used for e.g. paying electric bills. https://bit.ly/3zaGDdo
Excited to take the reins as CEO of @energywebx with @WalterKook leading our new... innovation lab! Idea is to continue bringing energy majors onto $EWT stack while using the Lab to keep us innovating at the edge of #Crypto https://medium.com/energy-web-insights/introducing-the-lab-an-energy-web-innovation-hub-963330f7af71
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Energy Web is incorporated in Zug, Switzerland
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