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Bittime - Powerledger is a technology company that develops software for sustainable distributed and decentralized energy markets. Powerledger uses blockchain technology to enable tracking and trading of energy, flexibility services, and environmental commodities.
The goal is to provide a platform for a modern, market-based electricity system and give consumers choice in their energy while encouraging the democratization of electricity.
What is Powerledger (POWR)?
Powerledger (POWR) is an ERC-20 token issued on Ethereum as a license required for businesses such as utilities, renewable energy operators, microgrids, companies committed to 100% renewable energy, and property developers to access the Powerledger platform. POWR tokens will also be able to be used to pay for transactions on the Powerledger blockchain in the future.
Powerledger operates on two blockchain layers; POWR tokens are issued on Ethereum as an ERC-20 token, and the Powerledger blockchain - a native Solana-based blockchain for processing energy transactions on a more scalable network.
Powerledger combines renewable energy and blockchain technology to offer energy solutions that are cheaper and more sustainable than traditional energy alternatives.
Who is the Founder of Powerledger?
Powerledger (POWR) was founded by Dr. Jemma Green and John Bulich in 2016. Dr. Jemma Green is the executive chairman of Powerledger. After spending a decade as an investment banker in London, Dr. Green returned to his hometown of Perth to pursue his PhD in electricity market disruption.
In his search for software that facilitates peer-to-peer energy trading, he met John Bulich, an experienced blockchain solutions expert who has a track record of creating innovative solutions for a variety of industries.
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What are the Benefits and Use Cases of Powerledger?
Powerledger helps people transact energy, trade environmental commodities, and invest in renewable energy. Powerledger develops software for its clients and partners that enables consumers and manufacturers to track, trace and trade every kilowatt of energy.
Powerledger technology has received global recognition, including Sir Richard Branson's international Extreme Tech Challenge in 2018. Co-Founder and Chairman Dr. Jemma Green has been named Australia's EY Fintech Entrepreneur of the Year.
Powerledger clients and partners are preparing for a new energy world with innovative projects around the world that track, trade, and trace renewable energy. Some examples of projects are:
- ekWateur, France : Powerledger supports green energy retailer ekWateur to bring hundreds of thousands of French customers to the decentralized energy market.
- Tata Power-DDL, India : Powerledger technology facilitates peer-to-peer (P2P) trading of solar energy from over 2MW of solar PV systems between 150 meters in North Delhi.
- TDED, Thailand : Powerledger's partnership with Thai energy group TDED expands peer-to-peer energy and environmental commodities trading in Thailand.
Powerledger is also a member of several leading organizations in the blockchain and energy industry, such as the Blockchain for Climate Foundation, Global Blockchain Business Council, and Renewable Energy Blockchain Network.
How to Buy, Sell, or Hold Powerledger (POWR)?
To buy, sell, or store Powerledger (POWR) tokens, you need a wallet that supports ERC-20 tokens, such as Metamask, Trust Wallet, or Ledger. You can also use crypto exchange platforms listed on CoinMarketCap to trade POWR for fiat currencies or other cryptos.
If you are interested in investing in Powerledger, you can visit their official website to learn more about their vision, mission, and products. You can also follow their latest developments via their social media, such as Twitter, Telegram, and Medium.
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You can buy and sell crypto assets in an easy and safe way via Bittime. Bittime is one of the best crypto applications in Indonesia which is officially registered with Bappbeti.
To be able to buy crypto assets on Bittime, make sure you have registered and completed identity verification. Apart from that, also make sure that you have sufficient balance by depositing some funds into your wallet . For your information, the minimum purchase of assets on Bittime is IDR 10,000. After that, you can purchase crypto assets in the application.
Monitor price chart movements of Bitcoin (BTC), Ethereum (ETH), Solana (SOL) and other cryptos to find out today's crypto market trends in real-time on Bittime.
Also read:
Powerledger (POWR) Price Prediction 2024
DISCLAIMER : This article is informational in nature and is not an offer or invitation to sell or buy any crypto assets. Trading crypto assets is a high-risk activity. Crypto asset prices are volatile, where prices can change significantly from time to time and Bittime is not responsible for changes in fluctuations in crypto asset exchange rates.
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