Blockdaemon, an independent blockchain infrastructure platform and staking-as-a-service provider, today announced a new partnership with Energy Web, a global nonprofit that builds network operating systems. energy using decentralized open source technologies.
As a certified Energy Web Validator Node Operator, Blockdaemon will work to support the success of the Energy Web foundation and ecosystem. Energy Web digital operating systems for energy use the application of blockchain. It represents one of the largest and most ambitious uses of a decentralized, open access, consumer blockchain the world has seen to date.
“We are excited to contribute to the world’s energy transition by supporting the Energy Web Channel and its ecosystem participants. Anyblock has been an active validator and participant since day one. Now, as part of the Blockdaemon team, we happily continue this collaboration and look forward to contributing to the expansion of the Polkadot universe and providing staking opportunities.
– Freddy Zwanzger, Ethereum Ecosystem Manager at Blockdaemon
Since the Energy Web Channel is managed by well-known entities in the energy industry, network upgrades can be deployed seamlessly. This avoids the controversial hard forks that divide many blockchains in governance disputes over the future of the protocol.
Another benefit is custody and maintenance. The Energy Web Foundation builds sophisticated tools on top of the blockchain to help its many partners and users. This gives great material support to the Energy Web ecosystem and paves the way for future success. It differs from other Web3 communities systems, which are often open source and rely solely on volunteers.
By having a system focused on enterprise adoption of decentralized technologies, Energy Web Chain is best positioned to achieve its vision of a sustainable network, reaching entities that want to use dApps, SDKs and software packages. utilities of Energy Web.
“Companies like Blockdaemon are key to bringing professional versions of the Energy Web stack to life. Infrastructure services for decentralized applications are common outside the energy sector in the Web3 world. Blockdaemon helps bridge the gap by providing Web3 services to the Energy Web community of network operators and energy majors.
– Jesse Morris, CEO of Energy Web
Energy Web Token (EWT) Staking
Energy Web Token (EWT) will soon expand its staking mechanism. Staking will be key to operating the new energy grid. This energy network includes green energy assets, such as solar panels and wind turbines.
By staking, companies and even owners of clean energy assets can commit to providing the load (or battery for storage) or power supply. The protocol can reduce companies or users who do not meet their commitments. Those who successfully deliver can earn additional rewards.
Staking is only open to verified individuals. All staking operators must create a decentralized identifier (DID) authorized to stake.
Parity Technologies + Web Energy
In partnership with Parity Technologies, Energy Web will launch the Energy Web Consortia relay chain. Parity Technologies is one of the leading Web3 software development companies. They built the core technology that supports Polkadot and Kusama, backed by Substrate.
Energy Web will leverage Substrate to enable energy sector institutions to deploy their own sovereign and customizable blockchains or in partnership with other energy market players. This gives businesses the ability to customize their own bespoke channel, with built-in governance and economics.
Currently, Energy Web runs on the Ethereum Virtual Machine (EVM). The launch of the Consortia Relay Chain represents an integration into one of the largest and fastest growing Web3 ecosystems.