Friday, 19 July 2024

Crypto News

Subsidiary of French energy giant EDF joins Chiliz Chain as a validator

Subsidiary of French energy giant EDF joins Chiliz Chain as a validator

  • Exaion, EDF’s subsidiary, joins Chiliz Chain as validator
  • Exaion joins PSG, an iconic soccer club, in becoming Chiliz Chain validators.
  • The collaboration enhances blockchain security, fan engagement, and revenue generation.

In a move signalling a strategic partnership between the energy and blockchain sectors, Exaion, a subsidiary of the French state-owned energy company EDF, has officially become a validator on the Chiliz Chain.

This development marks a significant step forward in the convergence of energy expertise and blockchain technology.

Exaion’s expertise aligns with Chiliz’s vision

Chiliz, renowned for its fan token trading platform, has recognized the potential of Exaion’s expertise in energy and technology.

With a focus on digital transformation and energy efficiency in data centres, Exaion’s involvement as a validator underscores Chiliz’s commitment to enhancing its blockchain network’s security and resilience.

Exaion’s co-founder, Fatih Balyeli, describes the collaboration as a pivotal strategy in shaping the future of digital engagement.

By leveraging Exaion’s knowledge and experience, Chiliz aims to fortify its blockchain infrastructure while expanding its reach into sports and entertainment domains.

Exaion joins PSG as Chiliz validators 

Exaion follows in the footsteps of Paris Saint-Germain (PSG), the iconic French soccer club, which recently joined Chiliz Chain as a validator.

PSG’s decision to validate transactions on the Chiliz Chain underscores the growing trend of collaboration between blockchain platforms and prominent sports organizations.

The partnerships not only enhance the security of the Chiliz network but also open new avenues for fan engagement and operational optimization.

As validators, Exaion and PSG play integral roles in managing blockchain nodes, verifying transactions, and executing smart contracts. Their participation in the Chiliz Chain ecosystem not only ensures the integrity of the network but also generates revenue through node operation.

Also, by leveraging the strengths of EDF’s subsidiary and the iconic PSG, Chiliz aims to bolster its position as a leading blockchain platform for fan engagement and digital asset management in the sports industry and beyond.

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