Industry Background

Global energy markets are undergoing a structural transformation. The increasing adoption of renewable power, decentralized generation, and smart grid technologies has made electricity not only a commodity but also a digitalized and tradable resource. However, despite these technological advances, the mechanisms for measuring, valuing, and transferring electricity remain highly fragmented and jurisdiction-dependent.

Traditional electricity systems rely on closed infrastructure — local utilities, billing intermediaries, and national regulations — making real-time transparency and global interoperability nearly impossible. As electricity becomes the dominant form of energy in the 21st century, the absence of a unified value standard has created inefficiencies in pricing, trading, and cross-border exchange.

Blockchain technology provides the missing foundation for solving this problem. By representing electricity as a tokenized digital asset, it becomes possible to measure energy value globally, automate settlements, and enable direct market access for both individuals and institutions.

Wattlet was developed to bridge this gap — linking blockchain transparency with the measurable value of real electricity, and establishing an open, verifiable, and borderless energy asset framework.