Energy Web, The Decarbonization Standard

With rising concerns of energy usage as our world only grows exponentially more technologically advanced, we have to be mindful of the limited resources we have to sustain for not just future generations but the overall health of our planet. Through the immutable & trustless nature of blockchain Energy Web is hoping to be the change for a high tech yet sustainable future

Problem

The topic of energy and ESG initiatives are possibly one of the most confusing & contradictory aspect within this space of blockchains & distributed ledgers. On one hand we see constant talks of Proof of Work mining using rather significant amounts of energy, conversely we’ve also begun seeing blockchain protocols such as Energy Web work to build towards a near zero carbon future. So how do such polar opposite points possibly line up together?

Its no secret by now that the narrative around the entire energy sector is focused on clean & renewable energy as every year we see more and more reports of how global climate change and pollution is inching closer towards the inevitable point of no return.

Whether it be solar, wind, hydropower or biogas the initiative to push forth clean energy has been visible from both the private sector in addition to inter governmental organizations around the world. One could argue these…