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.

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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.

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