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All Cryptos > Power Ledger (POWR)

Power Ledger (POWR)

#24

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 (POWR) Pros | 7

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

Agree | 6
Disagree | 0
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Renewable energy demand will steadily increase as long as human beings are residents of Earth

Agree | 6
Disagree | 0
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Power Ledge makes use of the blockchain in changing lives and providing real solutions to the world

Agree | 6
Disagree | 0
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signed another contract with BCPG, a renewable energy developer that is backed by the Thailand government

Agree | 5
Disagree | 0
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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.

Agree | 3
Disagree | 0
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Power Ledger (POWR) Cons | 2

Closed-source. Limited social scaling.

Agree | 1
Disagree | 5
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Huge project, potentially impossible.

Agree | 1
Disagree | 6
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