Days 3 and 4 of the Energy Web Dive 2024 featured in-depth discussions on Deloitte's involvement in the Energy Web Ecosystem, the launch of the new platform Launchpad, and detailed explorations of Smart Flow and Energy Web X. Each session underscored our commitment to driving innovation and sustainability through cutting-edge digital solutions. Here are the highlights from Days 3 and 4.
DAY 3
SESSION 1
Speaker: Jasper Verwaal & Daniyal Ajdadi
Title: Digital Assets Manager Deloitte / Director of Marketing and Communications
Event Topic: Deloitte’s involvement in the Energy Web Ecosystem
Deloitte, a global leader in professional services, has been at the forefront of embracing blockchain technology to drive innovation across various sectors. With a focus on four key service offerings – enterprise blockchain, digital asset services, augmented reality (AR), and virtual reality (VR) projects, along with decentralized ecosystems research – Deloitte has positioned itself as a trusted advisor in the ever-evolving landscape of blockchain adoption.
Deloitte's global presence in the blockchain and digital assets space is formidable, serving over 500 clients worldwide with a dedicated team of more than 2000 professionals. Their involvement in initiatives like the Energy Web ecosystem underscores their commitment to leveraging blockchain's potential to accelerate the energy transition.
However, Deloitte acknowledges that integrating blockchain into enterprise operations poses significant challenges. Recognizing the need for thorough research and preparation, they have developed a Digital Asset Framework to guide clients through this transformative journey.
In their two years of involvement in blockchain ecosystems, Deloitte has gleaned valuable insights, encapsulated in four key lessons learned. These lessons revolve around the 'blockchain triangle,' ecosystem considerations, the Digital Asset Framework, and on-chain/off-chain data management.
The blockchain triangle, comprising identity, ownership, and payments, forms the bedrock of secure and transparent transactions, essential for use cases like electric vehicle charging. Deloitte emphasizes the importance of selecting the right blockchain ecosystem, leveraging existing building blocks, and collaborating with established members to accelerate application development and enterprise adoption.
Deloitte actively participates in grant programs like Energy Web's to support enterprise involvement and build operational capacity for utilizing blockchain tokens. When it comes to technical design choices, Deloitte advocates for hashing only, hash-based tokens, and data-based tokens, each offering distinct levels of integration and data management capabilities.
Looking ahead, Deloitte aims to guide enterprises beyond proof-of-concept (POC) and minimum viable product (MVP) stages towards developing real blockchain solutions. They envision bridging the gap between Web2 and Web3 to facilitate their clients' digital transformation journey.
You can watch the full event here: YouTube
DAY 4
Session 1
Speaker: Kamil Witkowski
Title: Head of Engineering Operations
Event Topic: Introduction to EW SaaS and IaaS offering & roadmap
Kamil Witkowski, Head of Engineering Operations at Energy Web, in this session, presented an overview of the new platform, Launchpad, aimed at exploring its features and benefits. The platform, an integral part of the Energy Web X ecosystem, offers a comprehensive enterprise-grade solution for various energy web products.
Kamil began by contextualizing Launchpad within the broader Energy Web X ecosystem, highlighting its role alongside components like worker nodes and the Energy Web Chain. He emphasized the interconnectedness of these elements, catering to different customer segments while leveraging each other's features.
The presentation then delved into Launchpad's offerings, categorizing them into three main areas: blockchain services/products, general services, and Energy Web X ecosystem products. These include blockchain essentials like RPC APIs, full nodes, and validators, as well as configuration wizards and ecosystem-specific solutions like SmartFlow and Enterprise worker nodes.
Kamil outlined the challenges Launchpad addresses, including meeting enterprise-grade expectations, streamlining project delivery, and bridging the gap between enterprise and community needs. He discussed various strategies employed, such as extensive documentation, tailored product offerings, and fostering a cohesive ecosystem.
The platform's features were demonstrated, showcasing its user-friendly interface, service offerings, and roadmap for future enhancements. Notable functionalities include SmartFlow for managing worker node networks, blockchain APIs for quick endpoint setup, and forthcoming services like custom nodes, Green Proofs, and more.
In conclusion, Kamil highlighted Launchpad's role in facilitating collaboration between enterprise and community stakeholders, offering a unified platform for energy web solutions. He encouraged the exploration of Launchpad and expressed excitement for its continued development.
Overall, the presentation provided a comprehensive overview of Launchpad's capabilities and its significance within the Energy Web X ecosystem, positioning it as a pivotal tool for energy web innovation and collaboration.
You can watch the full event here: YouTube
Session 2
Speaker: Kamil Witkowski
Title: Head of Engineering Operations
Event Topic: Connect, Deploy and Transform with SmartFlow
Kamil Witkowski, Head of Engineering Operations at Energy Web, in this presentation explained the intricacies of Smart Flow, a product under the Launchpad umbrella, during a presentation. The goal was to provide a detailed explanation and demonstration of Smart Flow's capabilities and how it integrates with the Energy Web ecosystem.
Smart Flow is a product within the Launchpad framework designed to manage the lifecycle of worker node networks (VNN). These networks encompass worker node solutions and business logic, with future plans to incorporate management of worker node networks directly. Notably, Smart Flow simplifies this process by offering a user-friendly, no-code environment for creating and managing these components, reducing the barrier to entry for users of varying technical expertise.
The key components of Smart Flow include worker node networks, worker node solutions, and business logic. Worker node networks are collections of worker node solutions that serve a common purpose and adhere to the same business rules. Worker node solutions encapsulate business logic and lifecycle controls, while business logic represents the actual program logic deployed on IPFS and executed by worker nodes.
Smart Flow seamlessly integrates with the broader Energy Web ecosystem, particularly Launchpad. Through Launchpad, users can create, deploy, and manage worker node solutions and business logic. Smart Flow handles the deployment of logic to IPFS and worker node solutions to the Energy Web, simplifying the process for users.
Benefits of SmartFlow:
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Ops Overhead Reduction: SmartFlow minimizes operational overhead by handling deployment and management tasks, freeing users from the complexities of infrastructure management.
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Lower Entry Barrier: With its no-code environment, SmartFlow enables users with varying technical backgrounds to create and deploy solutions effortlessly.
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Access to Decentralized Network: Users gain easy access to a decentralized network of nodes, allowing for widespread deployment of solutions.
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Transparency: Smart Flow offers transparency through blockchain submissions, enabling users to validate results and ensure integrity.
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Creator-Executor Connection: SmartFlow bridges the gap between solution creators and executors, streamlining the process of deploying and running logic.
During the presentation, Kamil provided a live demonstration of Smart Flow's functionality. The demo showcased the process of creating, deploying, and activating a worker node solution, as well as validating the results submitted by worker nodes. Additionally, a pre-created solution demonstrating an Oracle operation was presented, highlighting the platform's versatility and potential use cases.
In this presentation, Kamil highlighted the Roadmap for Future Development for SmartFlow which includes serval key enhancements :
- Worker Node Networks Management: Enabling management of worker node networks' lifecycle, adding a higher level of control and flexibility.
-Grant Program Integration: Integrating a grant program to incentivize network participation and support.
- Public-Private Flow Support: Introducing support for handling sensitive data and credentials securely within flows.
In conclusion, Kamil emphasized the power and potential of Smart Flow within the Launchpad ecosystem. By simplifying the creation, deployment, and management of worker node networks and solutions, Smart Flow empowers users to innovate and execute complex tasks with ease. As the platform continues to evolve, it promises to unlock even greater possibilities for decentralized application development and execution.
You can watch the full event here: YouTube
Session 3
Speaker: Mani Hagh Sefat & Daniyal Ajdadi
Title: Chief Technology Officer / Director of Marketing and Communications
Event Topic: Looking Ahead: Future Roadmap and Objective
Energy Web DIVE: Future Roadmap and Objectives
Energy Web X, our newly launched substrate-based parachain, focuses on community and token holder participation in enterprise business solutions. Governed by the Energy Web Token (EWT), it bridges enterprises and the community through our Launchpad and Marketplace applications.
Key Highlights
Worker Node Network
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Worker nodes are crucial, enabling decentralized computation by allowing token holders to stake EWT and participate in network activities.
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A reward-slashing mechanism is activated for worker node operators upon subscription.
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Enterprises currently pay with fiat, with plans to enable EWT transactions soon.
Flexible Governance
- Worker node networks offer customizable governance, allowing enterprises to configure nodes as private, hybrid, or public setups based on their needs.
Operator Onboarding
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Anyone, from individuals to enterprises, can become a worker node operator using our desktop application.
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Future plans include onboarding through single-board computers and mobile applications.
User Interface
- Energy Web X offers two user interface layers. The Marketplace desktop application allows token holders to participate in blockchain node operations without technical expertise. Launchpad enables enterprises to seamlessly launch products attached to worker node networks.
Expansion to Web and Mobile Applications
Energy Web X plans to introduce web-based and mobile applications to simplify managing worker nodes, staking tokens, and participating in the ecosystem. These applications aim to make it easier to become a worker node operator.
Green Proof for EVs and Auto Green Charge
The development of green proof technology for electric vehicles (EVs) involves multiple partners and various aspects such as charging infrastructure, energy sources, and identity management.
Upcoming Milestones
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July 2024: Major upgrade to Energy Web X, featuring custom consensus, rewarding, and slashing mechanisms for worker node networks.
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August 2024: Launch of Green Proof as a Service and public worker nodes for various green proof projects.
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Q4 2024: Introduction of decentralized grants for networks and solutions on Energy Web X.
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2025: Transition to a fully decentralized governance model for Energy Web X.
AI-Powered Sustainability
We are integrating AI technology to make our decentralized computation environment the most sustainable globally. AI will identify which worker nodes can perform computations with the least carbon intensity, ranking solutions based on their sustainability.
Enabling Lowering Functionality
The long-awaited lowering functionality on Energy Web X has been enabled. After multiple audits and code reviews, the lowering feature has been tested, deployed, and made available for users. The process currently takes 24 hours, with potential for faster processing in the future.
Future Updates and Live Events
The session concludes with anticipation for future developments and the possibility of another live event next month to provide updates and engage with the community.
You can watch the full event here: YouTube
Conclusion
Energy Web X is making significant strides towards a sustainable and decentralized future. With upcoming features and milestones, we are excited about the progress and potential of our platform. Stay tuned for more updates and developments from Energy Web.
Thank you to everyone who joined us for the Energy Web Dive 2024 event and took the time to go through our daily summaries. Your engagement and support are crucial as we continue to drive innovation and sustainability in the energy sector. We look forward to collaborating with you all as we advance these transformative technologies and work towards a more sustainable future together.
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