Energy Web Token

by Energy Web Foundation

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ElectriCChain

by ElectriCChain

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GridPlus

by ConsenSys

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Energy Web Token

by Energy Web Foundation

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ElectriCChain

by ElectriCChain

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GridPlus

by ConsenSys

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What problem does this service solve?

Energy Web Token uses blockchain to increase the transparency of energy related transactions.ElectriCChain is developing a decentralized and standardized platform for solar energy data. Their goal is to make solar energy cheaper and more accessible.Grid+ is building blockchain-based software and hardware solutions to bring more efficiencies to the energy markets.

Token Stats

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Company Description

Energy Web Token is the native cryptocurrency of the the Energy Web Chain, and is used together with the Energy Web Decentralized Operating System (EW-DOS). The platform is intended to be an open-source software platform that will increase the transparency and flexibility of energy grids. The foundation that created the Energy Web Token also hopes to leverage blockchain to support clean energy initiatives and tracking carbon emissions. Their operating system uses decentralized registries that are integrated with IT systems to enable energy related transactions between consumers, grid operators, and retailers.

ElectriCChain is developing a blockchain for solar energy data. Their initial focus is on providing a platform to publish and verify data from solar energy generators. Their goal is to provide a transparent tool to monitor solar energy in real-time, and to establish a standard communications protocol for the solar industry that will aid in delivering affordable solar energy. ElectriCChain is the foundation for SolarCoin, which is one of the largest crypto-based renewable energy projects in the world.

Grid+ is developing a crypto-currency enabled IoT device that uses the Ethereum blockchain to give consumers direct access to wholesale energy markets. This will decrease costs and greatly improve overall efficiencies in the energy market.
The company has created a GridPlus Agent device, which is a secure general purpose computer that can communicate with the Ethereum blockchain. It automates payments and eliminates intermediaries.
The platform also enable users to give back to the energy grid and utilize real-time power purchasing decisions, which further reduce energy prices. GridPlus is fueled by the GRID token.

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