Review on Energy Web Token by erdi yılmaz
The King Of Energy
In short, an Ethereum-like Blockchain-based virtual machine can be defined for Energy Web Token (EWT). The difference from Ethereum is due to the fact that ETW takes a position towards the energy sector.
EWT is a block chain on which decentralized applications can be developed for every field for the energy sector.
EWT is mostly designed for corporate enterprises in the energy sector to develop decentralized applications. In other words, it is a block chain specially developed for the energy sector. With EWT, users can both control and manage their electrical systems online. Since Energy Web Chain is created for corporate use, its scalability and data privacy are ensured with the latest technologies.
The EWT token is not an ERC-20 token. However, Energy Web developers created the EWT Bridged (EWTB) token, allowing EWT to be transferred to the Ehtereum network. Thus, EWT has gained interoperability with other blockchains.
Pros
- It is a positive feature that it focuses on a single sector.
- It is very good that it was created for energy, one of the most important needs of the world.
Cons
- not listed on the largest exchanges yet
