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Energy Web Foundation
electron
Power Ledger
Energy Web Foundation
While most of the Blockchain is committed to building applications on distributed accounting technology, the Energy Web Foundation (EWF) has decided to focus on general accounting technology itself. After recognizing the current set of standards for energy blockchains, EWF is working on a platform specifically designed to meet the needs of the industry. According to Peter Davies, CEO and founder of the energy company Blockchain Verv: "The Energy Web Foundation is promising because of the high number of companies, including traditional companies that are already part of the network or have started planning to join ". Davis insisted that EWF is examining the possibility of creating scalable and open source Blockchain forums designed specifically to meet the needs of the energy sector in terms of regulatory, operational and marketing requirements.
In October 2018, the Energy Web Foundation revealed that it was creating a Blockchain of Blockchains to allow consumers to sell the energy they generate at home in global markets.
electron
Electron is a London-based trading platform that looks "good and future", according to the co-founder of ElectriChain, François Sonnet, co-founder. ElectriCChain is a Blockchain developer affiliated to SolarCoin a renewable energy cryptocurrency. There are a number of reasons why Electron is considered a company to watch this year. The company is one of the few startups in the Blockchain space to have a female co-founder Joanna Hubbard.
More significant is the fact that the company through an initial supply of coins to facilitate the partnerships and investments of the leading leaders in the energy sector, with Tokyo Electric Power Company that invests an early participation in January 2018.
In an industry hit by scams and hype, the concrete approach implemented by Electron has helped the company's reputation grow as a solid player with a reasonable roadmap. His move to build an eBay energy will surely attract the attention of many of the year.
Power Ledger
The problem that the company might encounter this year, along with other Blockchain trading platforms, is that the Blockchain technology is not yet sufficiently equipped for low value transactions. It is not surprising that the co-founder and CFO of FlexiDAO had this to say:
"Blockchain technology is not yet a mature technology, instead of staying focused on futuristic use cases such as peer-to-peer business, this is the time to pay attention to doing basic things accurately including regulatory compliance, experience user friendly and future-proof technological scalability ".
