Electrify.Asia is an electricity marketplace for Asian territories, mainly the southwest region and is addressing the need for transparency and security in the consumption of energy. Electrify.Asia uses the blockchain and smart contracts to sell energy and has transacted more than 30GWh of electricity for commercial and industrial customers since March 2017 using their token ELEC.

The ELEC token is an ERC20 compliant asset in the Ethereum blockchain and is used within their marketplace to transact energy.