Energy Web Token Report by Jesse

Welcome to another edition of Coin Review. Our altcoin champions for this week are WazirX and WINK, both managing to gain an incredible 500% for their holders. Though not without mention BitTorrent did manage to pull into 3rd with a 200% jump as well. This week we'll be looking into the energy sector at a long-awaited decentralized energy incubator called Energy Web.

Introduction

Energy Web Chain is the world’s first enterprise-grade, open-source blockchain platform tailored to the energy sector’s regulatory, operational, and market needs. Launched by a global, member-driven nonprofit organization called the Energy Web Foundation. The Foundation's purpose is to ease the creation of a low-carbon, customer-centric electricity system by combining the potential of blockchain and decentralized technologies. With a focus on technology integration, development, co-creating standards, architectures, adoption, and community. Energy Web Foundation’s aim is to speed up the global transition to a decentralized, democratized, decarbonized, and digitized energy system. Since its launch EWF has fostered the world’s largest energy blockchain ecosystem, comprising utilities, grid operators, renewable energy developers, corporate energy buyers, and others.

Since its founding in January 2017, EWF’s main objective was to launch an energy-specific blockchain by Q2 2019. With the launch of the production EW Chain in June 2019, they have created a global blockchain infrastructure that currently is the only public, Proof-of-Authority blockchain that supports commercial applications with well-known organizations as validator nodes. To streamline the development of applications ranging from energy attribute certificates markets, electric vehicle charging solutions, and grid flexibility management platforms. Energy Web has developed toolkits (SDKs) focused on the most common needs in