Energy Web to Release Marketplace Update

Energy Web has launched a new version of its Energy Web Marketplace, addressing several technical issues. The latest update includes a fix for vote-related processes that previously stalled due to unstable network connections. Users are encouraged to update immediately via energywebx.com.

EWT Info

The Energy Web Token (EWT) is the operational token of the Energy Web Chain, a blockchain-based platform specifically designed for the energy sector. Launched in June 2019 by the non-profit Energy Web Foundation, the platform aims to diversify the energy sector by enabling the development of decentralized applications (DApps). It targets a range of stakeholders in the energy field, including grid operators, software developers, and vendors, offering a blockchain solution tailored for energy-related applications.

The Energy Web Chain, conceived by founders RMI and GSy, is a versatile blockchain solution catering to a wide spectrum of the energy sector’s needs. Its primary feature is the capability for enterprises to create fully customized decentralized applications, with a focus on the unique requirements of the energy industry. The platform is designed with enterprise usage in mind, ensuring advanced scalability and data privacy. Additionally, the Energy Web Foundation has developed the Energy Web Decentralized Operating System (EW-DOS), a technological stack that facilitates online management and control of electrical systems.

The EWT token functions as the primary currency within the Energy Web Chain ecosystem, facilitating operations and applications on the platform. As of February 2021, the EWT token ranks at the one hundred and second position in the CoinMarketCap token ranking, reflecting its recognition and significance in the broader crypto community. The EWT token enables users and enterprises on the Energy Web Chain to engage in various activities, including the development and utilization of decentralized energy applications, and management of electrical systems through the EW-DOS.