Energy Ledger is both a company and a token that leverages blockchain technology to provide users with a platform for trading energy value, managing the process from oil in the ground to barrels and onto distribution.
The primary purpose of the ELX token is to carry data pertinent to transactions within the energy industry. The minting, sending, and burning processes can all utilize data and operator data fields, which are passed on with any movement (minting, sending, and burning).