Energy Giant EDF Subsidiary Joins Cronos as a Blockchain Validator
Summary
Exaion, a subsidiary of France's state-owned energy company EDF, has become a validator on Cronos, a blockchain network developed by Crypto.com. This follows Exaion's recent similar role on Chiliz Chain. As a validator, Exaion will maintain the operation and security of the Cronos network by authorizing smart contracts and verifying transactions. Cronos uses an open-source Ethereum Virtual Machine (EVM) protocol, which interoperates with Ethereum and the Cosmos network. This move by Exaion indicates the growing interest of major energy companies in the blockchain industry.
