Energy Web Token vs GridPlus vs Power Ledger
What problem does this service solve?
Energy Web Token uses blockchain to increase the transparency of energy related transactions. | Grid+ is building blockchain-based software and hardware solutions to bring more efficiencies to the energy markets. | Blokchain-based energy marketplace that allows users to trade excess energy locally without intermediaries. |
Token Stats
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. | 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. | Power Ledger is a blockchan-based peer to peer energy trading platform designed for people with solar panels. The system works with both hardware and software components, and it allows users to sell their surplus energy and to decide at what price. Producers and consumers take part in a automated market that is transparent and has the potential to reduce prices and inefficiencies. Power Ledger is fueled by the POWER token. |