Energy Web joins Hyperledger Foundation to Accelerate Web 3 Interoperability

Zug, Switzerland, 14 December 2022— Energy Web, a non-profit building open-source technology solutions for energy systems, has today joined Hyperledger Foundation, a project of the Linux Foundation.. By joining Hyperledger Foundation, Energy Web aims to expand its existing open source community and directly contribute to ongoing open source projects hosted by the Linux Foundation.

Specifically, Energy Web will contribute towards enterprise interoperability of Web 3 solutions via Hyperledger FireFly. Interoperability between different blockchains and identity solutions has emerged as a top priority for Energy Web as the organisation begins constructing solutions that leverage multiple technologies from different enterprise and Web 3 ecosystems. FireFly, and more generally collaboration with the Hyperledger community, represents a unique opportunity for Energy Web’s technology to be more tightly coupled with other innovations taking place in the Web 3 space.

“Our team has been monitoring the growth of Hyperledger Foundation and, in particular, HyperledgerFireFly for some time,” said Mani Hagh Sefat, Chief Technology Officer of Energy Web Foundation. “We couldn’t be more excited to finally jump into the initiative and contribute directly to it as our stack evolves to better integrate with multiple legacy and Web 3 technologies.”

“Interoperability is critical to maximizing the value of Web3 and other blockchain and related applications,” said Daniela Barbosa, Executive Director, Hyperledger Foundation, and General Manager Blockchain and Identity at the Linux Foundation. “With its open source tech stack, Energy Web is already helping to advance industry-wide collaboration and support a diverse and decentralized ecosystem. We welcome Energy Web as a member and contributor and look forward to the innovation and effort they will bring to our community, technologies and the next wave of Hyperledger-powered applications.”

Energy Web recently announced its intention to launch a new blockchain, Energy Web X, also aimed at increasing interoperability of Web 3 identity solutions.

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 @EnergyWebX