Energy Web Token vs SolarCoin vs GridPlus
What problem does this service solve?
Energy Web Token uses blockchain to increase the transparency of energy related transactions. | SolarCoin is a blockchain-based platform that was created to encourage solar energy adoption. Solar energy generators receive 1 SolarCoin for every megawatt of solar energy that they produce. | Grid+ is building blockchain-based software and hardware solutions to bring more efficiencies to the energy markets. |
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. | SolarCoin is a blockchain-based platform that awards cryptocurrency for solar energy production. It is designed to accelerate solar energy adoption and to provide an incentive system for generating solar energy. | 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. |