Skip to content

EDF Group’s Exaion becomes Chiliz Chain validator node

EDF Group’s Exaion becomes Chiliz Chain validator node

Exaion, a subsidiary of the French state-owned energy company EDF Group, has become the newest Chiliz (CHZ) validator node, according to the information shared with Finbold on March 21. 

The announcement solidifies Exaion’s position within the blockchain network where it plays an important role in maintaining its security and reliability.

Reshaping the digital service landscape

The integration of Exaion infuses the Chiliz ecosystem with expertise in energy, infrastructure, and technology domains.

Fatih Balyeli, CEO and co-founder of Exaion, expressed his enthusiasm about the partnership, stating:

“Exploring the sports and entertainment sectors opens new avenues for us, making our collaboration with Chiliz Chain as a validator node a pivotal strategy that resonates with our goal of shaping the future of digital engagement. Our commitment to energy efficiency and reducing environmental impact enriches Chiliz’s mission to transform how fans interact with their passions.”

— Fatih Balyeli, CEO and co-founder of Exaion

Guided by principles rooted in security, eco-consciousness, and decentralization, Exaion is set to reshape the digital services landscape, the aim being to harness advanced technological infrastructure and sustainable practices.

The collaboration highlights a shared vision to advance the integration of blockchain technology in a way that’s both environmentally friendly and socially responsible.

Alexandre Dreyfus, CEO of Chiliz, added: 

“Having Exaion, a subsidiary of EDF, as a validator node on our chain is a testament to our commitment to sustainability and innovation. Their renowned expertise in the energy sector and proactive approach to eco-responsibility will significantly bolster our efforts in this space.”

— Alexandre Dreyfus, CEO of Chiliz

Fan engagement 

Chiliz, renowned for its desire to foster fan engagement through blockchain, enables the creation of Fan Tokens, non-fungible tokens (NFTs), and decentralized applications (dApps). 

These innovations are transforming how sports enthusiasts interact with their favorite teams and brands.

Chiliz is also remodeling its tokenomics model, introducing a new inflation staking rewards mechanism for CHZ holders, a new transaction fee-burning protocol (EIP 1559), and further community incentives.

Best Crypto Exchange for Intermediate Traders and Investors

  • Invest in cryptocurrencies and 3,000+ other assets including stocks and precious metals.

  • 0% commission on stocks - buy in bulk or just a fraction from as little as $10. Other fees apply. For more information, visit etoro.com/trading/fees.

  • Copy top-performing traders in real time, automatically.

  • eToro USA is registered with FINRA for securities trading.

30+ million Users
Securities trading offered by eToro USA Securities, Inc. (“the BD”), member of FINRA and SIPC. Cryptocurrency offered by eToro USA LLC (“the MSB”) (NMLS: 1769299) and is not FDIC or SIPC insured. Investing involves risk, and content is provided for educational purposes only, does not imply a recommendation, and is not a guarantee of future performance. Finbold.com is not an affiliate and may be compensated if you access certain products or services offered by the MSB and/or the BD

Read Next:

Finance Digest

By subscribing you agree with Finbold T&C’s & Privacy Policy

Related posts

Sign Up

or

By submitting my information, I agree to the Privacy Policy and Terms of Service.

Already have an account?

Services

IMPORTANT NOTICE

Finbold is a news and information website. This Site may contain sponsored content, advertisements, and third-party materials, for which Finbold expressly disclaims any liability.

RISK WARNING: Cryptocurrencies are high-risk investments and you should not expect to be protected if something goes wrong. Don’t invest unless you’re prepared to lose all the money you invest. (Click here to learn more about cryptocurrency risks.)

By accessing this Site, you acknowledge that you understand these risks and that Finbold bears no responsibility for any losses, damages, or consequences resulting from your use of the Site or reliance on its content. Click here to learn more.