Power Ledger’s Latest Project

in bitcoin •  7 years ago 

Power Ledger is a decentralized, trustless energy trading platform.

It’s one I’ve written about a few times, with the last article in February. Back then the big news was an agreement with BCPG, a private power company located in Thailand and signing a MOU with the Thai government.

Today, we’ll look at Power Ledger’s latest project.

Like most cryptos POWR has gotten crushed since the beginning of the year. At one point it traded over $1.50 but now trades for around $0.33.

But this isn’t the first time cryptocurrencies have faced a bear market. And like most projects, Power Ledger continues to move forward.

Power Ledger recently announced a partnership with Greenwood Solutions, an energy solutions business. The goal is to bring renewable energy trading to Melbourne, Australia.

A deployment site has been identified in Burwood, which is just east of Melbourne. Greenwood Solutions will be installing the solar units and using the Power Ledger platform for distribution. Power Ledger will provide the platform for peer-to-peer trading.

Power Ledger Managing Director David Martin said, “Coupling on-site renewable energy generation with peer-to-peer trading will allow residents to maximize the value of their renewable energy investments, while sharing the low-carbon benefits with their neighbors.”

This is another great project by Power Ledger showing the power of the blockchain. Energy customers will have access to low cost renewable energy and be able to monetize their excess energy generation.


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Yeah, you are right it's not the first time we are facing dip, but hopefully now the up trends will start.

Power Ledger is one token I'm really Bullish about. It's one of the only tokens that actually solves a real world problem and Australia seems to really like the project.

Tip: Buy and HODL some POWR. It'll explode soon


Russian media said that traders have discovered a sign that Bitcoin will soon fall. According to reports, Bitcoin will usher in the so-called death crossing, that is, the 50-day moving average has fallen to near the 200-day moving average, which means that the plunge is approaching.

We'll see, I'm staying long BTC.

me 2 ;)

Thanks a lot sir for this update,you are a crypto guru for me,following you from a while.

Thanks!

Great informative post

Thanks!

Power ledger is a great platform for crypto. Thanks for sharing the informative post.

Power Ledger is my all time favorite sir thanks a lot for knowing this.

  ·  7 years ago (edited)

I like the concept of power ledger... happy to see the usability, adaption also increasing

good information......

Yes, You are absolutely right @g-dubs... Power ledger is an awesome platform for crypto holders.... I think its the best and comfortable platform for crypto collectors.... It has a nice distrubation system in their site ...its very effective...

I heard about this project actually on your blog for the first time. Pretty cool idea. I'm a big fan of sustainable ways to harvest energy for human consumption and if we can combine crypto into the mix, you got my attention. Especially at these prices! A steal! Anyway, thanks for this post!

Your analysis is very informative.

You got a 1.96% upvote from @postpromoter courtesy of @g-dubs!

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Power Ledger is amazing product in crypto space with this project its going to get better.