Energy Web $EWT

Energy Web Token (EWT) is an innovative crypto project that is creating waves in the energy sector. As the native token of the Energy Web Chain, it leverages the power of blockchain technology to support enterprise-grade applications specifically designed for the energy industry. The project is a prime example of how blockchain's potential can be harnessed to revolutionize industries.

Energy Web Chain: A Specialized Blockchain for the Energy Sector

The Energy Web Chain is a public, Proof-of-Authority Ethereum Virtual Machine blockchain. It has been specially crafted to cater to the needs of the energy industry. Operated and governed by over 25 Validator nodes from 15 countries, it includes utilities, grid operators, and startups among its validators. Ensuring a high degree of decentralization and integrity, the chain supports all ERC standards, making it a versatile and robust platform for the development of energy-focused applications.

Governance of Energy Web Chain

The Energy Web Chain is characterized by a unique governance structure. With over 25 Validator nodes spread across 15 countries, the chain maintains a global presence. These validators include utilities, grid operators, and startups, ensuring a diverse and balanced governance model. This model fosters trust, transparency, and decentralization - key attributes of any successful blockchain network.

Energy Web Foundation: Unleashing Blockchain's Potential in the Energy Sector

The Energy Web Chain was launched in June 2019 by the Energy Web Foundation. This global nonprofit organization is dedicated to realizing blockchain's potential in the energy sector. Its global consortium of Members includes upstream energy companies, utilities, grid operators, software developers, and technology vendors. The collective efforts of these members go a long way in shaping the Energy Web Token's role in transforming the energy industry.