A French energy company called EDF subsidiary has become a Chiliz Blockchain Validator

Cloud and blockchain technology is driving digital transformation in many sectors, and one area where Exaion is making a difference is data center energy efficiency.

In its pursuit of expanding its blockchain efforts into the sports and entertainment industries, Exaion, a subsidiary of France’s state-owned energy company EDF, has joined forces with one of the country’s top soccer teams to become a network validator for the Chiliz Chain. This move allows Socios.com to host fan token trading.

According to an email statement, Chiliz is looking to make use of Exaion’s knowledge in the energy and technology industries. Cloud and blockchain technology is driving digital transformation in many sectors, and one area where Exaion is making a difference is data center energy efficiency.

Fatih Balyeli, co-founder of Exaion, called the change “a critical approach that corresponds with our mission of influencing the future of digital interaction.”

Some of the most famous soccer teams in the world have their fan tokens created by Socios.com. These teams include PSG, Juventus, Manchester City, FC Barcelona, and Manchester United. PSG made history as the first club to join the Chiliz Chain as a validator.

By approving smart contracts and checking the legitimacy of transactions, validators keep the blockchain network safe. They do this by managing nodes on the network. Operating a node results in financial gain for them.

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