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Power Ledger.



Power Ledger (POWR) future price predictions - Coin.

Power ledger cryptocurrency 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:.



Power Ledger is a decentralized energy exchange platform. It incorporates energy applications, such as a P2P energy trading application that allows businesses to host trading on the platform. This technology enables the sale of surplus renewable energy generated at residential and commercial developments (including multi-unit/multi-tenanted) connected to existing electricity distribution networks, or within micro-grids. .




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Power Ledger is also currently participating in a blockchain trial with Origin, Australia’s largest retail energy provider. Moreover, the startup has also partnered with Indian information technology giant Tech Mahindra to establish several hundred microgrids within the country, a move intended to help the company expand its future services into emerging markets.


The startup's work has attracted interest from several utility providers in Australia, including Origin Energy, one of the country's largest. Per AFR, the startup is involved in tests throughout the region, including Western Australia and New Zealand. Work in this area is expected to continue, according to Power Ledger CEO Dave Martin.


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