what's Energy Web?

Energy Web is an open-source blockchain platform tailored for the energy sector, enabling decentralized applications that address regulatory, operational, and market challenges in energy systems. Built initially as a proof-of-authority chain and now operating as Energy Web X on the Polkadot network, it supports real-world asset tokenization, green energy tracking, and decentralized physical infrastructure networks (DePIN). The platform facilitates interoperability through Polkadot's shared security, allowing seamless integration with other blockchains while powering solutions like verifiable renewable energy certificates and carbon credit trading. The native token, EWT, secures the network via staking and governance, with mechanisms for community-driven infrastructure and rewards distribution. Energy Web collaborates with enterprises and Web3 partners to bridge traditional energy markets with blockchain technology, emphasizing sustainability and transparency in energy transitions. Its ecosystem includes tools for decentralized identity, verifiable credentials, and automated market operations, fostering scalable deployments for global energy challenges.

Energy Web gains traction as Hashlock audits its blockchain energy infrastructure security.

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