Energy Web Token

Zug, Switzerland, 5 June 2023 — Deutsche Telekom continues to expand its portfolio of solutions in the field of Web 3 technology. A subsidiary, Deutsche Telekom MMS, recently joined the Energy Web Foundation’s established ecosystem of energy majors and IT service providers by validating Energy Web’s decentralized operating system and bring new sources of value to Deutsche Telekom customersDeutsche Telekom’s Participation in Energy Web’s EcosystemAs both an infrastructure operator and validator for the Energy Web ecosystem, Deutsche Telekom is contributing to enhanced network security for the Energy Web Chain — the world’s first public blockchain designed explicitly for the energy sector — and by extension all enterprise software solutions that leverage the Energy Web technology stack.<blockquote>Energy Web solutions are designed to unlock a more decentralized, digitalized, and decarbonized energy system. “Green Proof” solutions in the Energy Web ecosystem bring radical transparency to new green product supply chains while Data Exchange solutions enable small-scale clean energy assets like electric vehicles and rooftop solar systems to be networked together and used to maintain grid stability.</blockquote><blockquote>“Energy Web’s collaboration with Deutsche Telekom shows that Web 3technology can be an important tool in the fight against climate change,” says Dirk Röder, Head of Deutsche Telekom’s Blockchain Solutions Center.“Deutsche Telekom is not only securing the energy grid, but also accelerating progress towards climate targets while promoting renewable energies.”“Established, trusted digital infrastructure providers like Deutsche Telekom are key players when it comes to helping some of the world’s largest energycompanies digitize in order to manage increasingly renewable and complex energy systems. We are proud to have them in the Energy Web ecosystem,” said Jesse Morris, CEO of Energy Web.</blockquote>About Energy WebEnergy Web is a global non-profit accelerating the clean energy transition by developing open-source technology solutions for energy systems. Our enterprise-grade solutions improve coordination across complex energy markets, unlocking the full potential of clean, distributed energy resources for businesses, grid operators, and customers. Our solutions for enterprise asset management, data exchange, and Green Proofs, our tool for registering and tracking low-carbon products, are underpinned by the Energy Web Chain, the world’s first public blockchain tailored to the energy sector. The Energy Web ecosystem comprises leading utilities, renewable energy developers, grid operators, corporate energy buyers, automotive, IoT, telecommunications leaders, and more. More information on Energy Web can be found at www.energyweb.org or follow us on Twitter &#64;EnergyWebX

Deutsche Telekom Partners with Energy Web to Accelerate the Energy Transition

EnergyWeb

Other articles published on Jun 5, 2023

What You Need to Know About Cardano’s Voltaire Era

Ripple Co-founder: XRP's Potential at $10,000 with Global Scalability

wBAN — 2 Year Anniversary

Volcano Energy and Tether spearhead green Bitcoin mining in El Salvador

Ethereum’s Self-Custody Surge Drives Top Holders to Record Accumulation

Solana vs Ethereum, Which One Is Better?

Join our free newsletter for daily crypto updates!