All Cryptos > Power Ledger (POWR)
Power Ledger (POWR)
Power Ledger is a distributed, interoperable energy trading platform that supports an extensive suite of energy-focused applications. It features a live and deployed platform that possesses the ability for others to develop applications for use on it. Power Ledger aims to solve 2 major problems using Blockchain technology: 1) Declining utilization of electricity networks which could be maintained through a marketplace for distributed energy assets and associated transactions underpinned by the blockchain (e.g. peer to peer trading across networks); 2) Low penetration of renewables in apartment buildings, where a shared ownership and allocation model for microgrids could be provided by the blockchain (e.g. peer to peer trading in buildings)
Power Ledger is already in operation. This is the first key piece of information. In 2016, they launched the first peer-to-peer energy trading platform in Australia
Renewable energy demand will steadily increase as long as human beings are residents of Earth
Power Ledge makes use of the blockchain in changing lives and providing real solutions to the world
signed another contract with BCPG, a renewable energy developer that is backed by the Thailand government
Powerledger will let you fund renewable energy projects with POWR. Your funds will be locked away for as long as you want and generate return.
Closed-source. Limited social scaling.
Huge project, potentially impossible.
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