TECHNOLOGY

The Energy Web Chain

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.
READ THE WHITE PAPER

The Energy Web Validator Network

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.
VIEW THE NETWORK

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.
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The Energy Web is accelerating a low-carbon, customer-centric electricity system by unleashing the potential of blockchain and other decentralized technologies.

Latest Tweets

“83% of the EU’s households could potentially become an energy citizen and ... contribute to #renewableenergy production, #demandresponse and/or #energystorage..." Read more on the future of energy communities for the European grid from @gridsingularity.

This is in our neck of the woods for our CO-based team members! An experimental ... #virtualpowerplant in Basalt allows this neighborhood to run on #cleanenergy.
https://futurism.com/the-byte/colorado-neighborhood-built-clean-energy-grid

#EnergyWeb is now offering Ethereum Name Service (ENS), which makes using ... #blockchain apps easier for everyday users with human-readable names. EW members have 2 DAYS LEFT to register for a domain name (free for one year). Contact us today!

[email protected] is connecting #distributedledgertechnology with urgent social and ... #environmental challenges across the EU. Applications to design solutions open in less than a week. Check here for details soon: https://www.dlt4.eu

#Blockchaintechnology has the ability to ease grid congestion, lessen ... curtailment of renewables and more.
#energystorage #gridsolutions
https://www.energy-storage.news/news/sonnen-latest-german-vpps-blockchain-logic-enables-transparency-in-flexibil

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