Review on Energy Web Token by Joseph Bello
Energy Web Token.
The energy web chain released in June 2019 by the energy web foundation. The token is a native of energy web chain, a public, proof of authority ethereum virtual machine. It was specifically designed to Support enterprise grade application in the energy sector. The project is governed by many validators from 15 countries including utilities, grid operators, the token is well centralized and looking at the foundation of this project it actually has a specific and a unique fixtures for everyone willing to engage themselves in any activities regarding to this native token.
The market price is actually a good way to start a token. It has been traded in the last 24 hours, with a good trading value, the supply is quite encouraging. Looking at the white paper, I sincerely see this token as a feature base project. It is going to use to generate energy during transactions and can also be used to send cryptocurrency from one user to the other. The security level guiding this project is highly impressive, making user's have a good mindset when using this platform. The energy web token also support all ERC standards, it also support manny consortium members that includes up stream energy companies, utilities, grid operator's, software developers and security vendors
The project is also being backup by some strong blockchain authoritys that has guarantee the well been of this project. There Soo many features about this project. The development arising from this token has a good frame work and it will be impossible for the project to die or even be open to harckers, because it is been guided by so many policies and when login in you have to undergo Manny verification before you are being given the opportunity to log in. The project is on of the best project ever created, but it's not in the eyes of everyone, I lacks a say in people's minds. I believe the good work will attract Manny users. Thanks for the social accounts for providing good quality information to promote the
Pros
- The energy web token support all ERC standards.
- Provides basic information to go about the token
- The market capitalization is highly profitable
- It's been traded in the last 24 hours with a good price rate.
Cons
- It is actually not Known by most cryptocurrency investors, it not popular.
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Comments (1)
May 06, 2021
The EWT project is a blockchain in the energy sector that can develop decentralized programs for every area. EWT is mainly intended for enterprises in the energy sector due to the development of decentralized applications. In other words, this is a blockchain specifically designed for the energy sector.
