Wipro becomes Energy Web Foundation Affiliate to Accelerate Blockchain Adoption in Energy Sector

Wipro Ltd has become an Affiliate of the Energy Web Foundation (EWF), a global nonprofit organization focused on accelerating the adoption of blockchain technology in the energy sector. In collaboration with more than 50 Affiliates from around the globe, EWF is building and scaling the Energy Web Chain, the first public, open-space blockchain platform tailor-made for the energy sector.

EWF’s charter is to identify, document and assess the most promising use cases of blockchain technology in the energy sector and provide functionalities needed to implement these use cases at scale. The Energy Web Chain is positioned to become the market standard that ensures interoperability, reduces costs and complexity, aligns currently dispersed blockchain initiatives, and facilitates technology deployment through easy-to-implement solutions.

“We are excited to welcome Wipro into the EWF community, and look forward to working closely with Wipro’s blockchain technology experts and energy domain consultants to identify high-impact blockchain use cases and develop enterprise-grade blockchain solutions for customers,” said Jesse Morris, chief commercial officer of EWF.

“Digitalization is one of the mega-trends driving the electricity grid’s transformation and re-making how utilities, grid operators, and others interact with this enormously complex system. Wipro’s core information technology and consulting expertise will be an asset to the EWF ecosystem.”