Blockchain’s Energy Web Foundation Names Walter Kok As COObr>
Blockchain consortium the Energy Web Foundation (EWF) has named Walter Kok as its first chief operating officer.
Energy Web Foundation (EWF) is a global nonprofit unleashing blockchain’s potential to accelerate the transition to a decentralized, democratized, decarbonized, and resilient energy system. EWF is building the shared, digital infrastructure—an open-source, scalable blockchain platform—specifically designed for the energy sector’s regulatory, operational, and market needs.
Kok brings nearly three decades of experience leading customer solutions and operational teams in complex, global organizational environments, including in the fields of FinTech, telecommunications and information technology (IT).
Prior to joining EWF, Kok was COO of bank-wide operations at ING Bank, where he drove a series of transformation programs and built a new type of operating model better equipped to deal with the challenges of regulatory requirements and technological disruption. In addition to ING, Kok’s prior experience also includes senior board positions at Vodafone Global Enterprise, BT, NEC Corporation and several startups.
As EWF’s COO, Kok will work closely with affiliates, customers, and internal team members to launch and operate the Energy Web Chain. He will help develop a portfolio of decentralized applications (DApps) with EWF’s partners to further the digital evolution of the energy system.
“I have seen the power of new technologies transforming the telecoms and finance sectors, so my new role at EWF is especially exciting,” said Kok. “I feel privileged and proud to be a part of the transition to a more decentralized energy system while working with the brightest talents from all over the world.”
The EWF ecosystem includes energy majors, utilities and grid operators, FinTech and information technology firms, software developers, and more. The full commercial launch of the Energy Web Chain is planned for mid-2019.
“Walter Kok is an incredibly talented executive with a strong track record in innovation and deep expertise in banking and telecoms. We are fortunate to have him join our team,” said CEO Hervé Touati. “His background, skill and experience in managing large-scale, international operations will be crucial to our organization’s ability to lead global deployment of energy blockchain technology. Our solutions will enable our clients to integrate device connectivity, physical flows and financial flows under one shared platform which interoperates with their business partners and prosumers, providing much higher flexibility for a fraction of the cost.”