EEC Blockchain Platform Explore Indonesia Market

The Energy Eco Chain (EEC) digitalization asset platform is starting to explore the Indonesian market by offering hybrid blockchain-based asset digitization services and wallet features (electronic wallet).

This hybrid blockchain is claimed to be the third generation that is more environmentally friendly and energy efficient than the first and second generation blockchain. The first generation is used as a bitcoin foundation, while the second generation is used on ethereum.

Unlike the blockchain one and two, the hybrid blockchain that we use it does not need to do mining. Thus will be more energy efficient and more environmentally friendly, "said COO of EEC Foundation, Tony Huang when met last Wednesday (18/4/2018).

He added that his company is still exploring various prospective clients in Indonesia. The intended candidate can vary, without specifying a particular company.

Chairwoman of EEC Foundation, Sabrina Lu said that currently EEC is still operating beta and already has a number of clients in the form of game companies in Vietnam to China. Indonesia is the target of their next expansion of services.

"We do not have clients in Indonesia yet. Energy companies (such as PLN) are potential for us, but it could be other companies. Our service can be imagined as a platform for digitizing assets quickly and safely, "he explained.

He explained that EEC services and products differ from bitcoins because they are not cryptocurrencies or digital currencies. But on the other hand, EEC also has an Energy Token whose function is similar.

Energy Token is like a medium of exchange that can be used by fellow EEC platform users. The company also has a wallet or digital wallet to store, transact, and transfer Energy Token to other users.

To know mining is one important component in bitcoin. In the mining process, a miner or miner uses special software that can solve certain mathematical problems. Instead of carrying out the software, miners are rewarded with a number of bitcoins.

While the term hybrid blockchain refers to a combination of public and private blockchain technology. Fellow members of the hybrid blockchain network can determine which transactions are placed in the public and private areas between specific members.