Now potentially, one could sell the value of the clean energy generated on the rooftop in California to a consumer in Singapore as Energy Web Foundation (EWF) is on the verge of building a blockchain system that could facilitate for an international energy transaction generated from natural sources at home. Through an open source platform, called EW Origin, EWF will connect multiple trading platforms.

Stating on its application,Jesse Morris, EWF’s chief commercial officer said that the application will track the source of renewable energy source and will tag its ‘carbonality’ in terms of black, brown or green. With that being said, anyone in the block could be able to know where it is and what time of day it was generated.

Exchanges or load centers will get interconnections via EW Origin to allow consumers to sell their value of the clean renewable energy generated from one point of the world to another part of the world. EWF has been developing its framework, EW Origin, to run on its EW Chain blockchain. By next year, the company will release the genesis, said Morris.

Through an EWF white paper the company has published the details this month. The paper outlines how EW Chain will differ from Ethereum, the blockchain technology that EWF used as a starting point.