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.
We're proud to partner with @IFFunic at @UNIC_ENG to fund a PhD / doctoral ... studentship focused on advancing #blockchain research and implementation. https://medium.com/energy-web-insights/energy-web-endows-phd-doctoral-studentship-at-university-of-nicosia-to-advance-blockchain-9a6e3a29191
Congratulations to @Third_Deriv and #EnergyWeb cofounder @RockyMtnInst on your ... big launch today! Exciting to see such investment in #climatetech #innovation. We're with you, doing our part with #opensource #decentralized #digital tech to accelerate a low-carbon energy future. 🙌
#energy sector #digitalization "is allowing a new business ecosystem to ... emerge...and ultimately increased participation in the electric system ... [including] balancing services through battery storage & [DERs], electric vehicle charging services." https://www.greentechmedia.com/articles/read/grid-edge-innovation-summit-2020-ibms-brad-gammons-on-utility-digitalization-in-the-age-of-decarbonization
Coming up shortly! Don't miss #EnergyWeb chief commercial officer @ja_morris ... speaking about technology and innovation at the @INNOVATIONTX. https://www.eventbrite.com/e/energizing-north-america-opportunities-for-a-clean-energy-transition-tickets-128433525131
Don't miss our own @ivlacho speaking at @Eurelectric's #Digitopia event later ... this week!
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https://www.eurelectric.org/events/digitopia-where-electricity-meets-data/
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Energy Web is incorporated in Zug, Switzerland
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