The first open-source, enterprise-grade blockchain for the energy sector has been introduced as EW Chain by Switzerland-based Energy Web Foundation. The EW Chain was reportedly live with ten companies across europe and asia. Companies included Engie, Elia, Singapore Power Group, OLI technology and FlexiDAO.

Chief Commercial Officer for EWF says “This level of collaboration meant the energy sector was leading blockchain development….if you look at blockchain projects in other industries, you don’t have corporates participating in public networks …the energy sector is leading the rest of the world.”

 

Source: Green Tech Media

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