Contentful ID
COSMOSo2e9qNfDTMsYU1mmYowI
Market
Residential
Commercial
Energy Web Foundation
Contentful ID
1e589170-951c-6ee8-5dc5-e10a836ea687-draft
Company Values
Entity Description
The Energy Web Foundation (EWF) is a global non-profit organization focused on accelerating blockchain technology across the energy sector. The intent is to develop a market standard that ensures interoperability, reduces costs and complexity, aligns currently dispersed blockchain initiatives, and facilitates technology deployment through easy-to-implement applications.
Entity Name
Energy Web Foundation
Entity Owler ID
12378926
Focus Areas
General - Organization
Entity Type
Other
Is LCRI Company?
No
Technology Areas
Technology Description
Blockchain technology has the potential to reduce transaction costs in the energy sector, enable active participation of a larger number of market participants (consumers and devices) and, as a consequence, accelerate the transition towards a cleaner, more resilient, and more cost effective system. To unleash this potential, EWF will a) identify, document, and assess the most promising use cases of blockchain technology in the energy sector and b) launch a new energy-focused blockchain platform (“Energy Web Platform”) that provides the functionalities needed to implement these use cases at scale.