Bittime - Power Ledger, a technology company focused on the future of sustainable energy, will participate in India Smart Utility Week (ISUW) 2024 in New Delhi on March 13.
This event is hosted by the India Smart Grid Forum, and Power Ledger will be represented by Dr. Jemma Green, co-founder and chairman of the company.
Also Read: Power Ledger Presents at International Energy Week 2024 in London
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Getting to Know the Potential of Blockchain and Web3 for Utilities
Power Ledger's presence at ISUW 2024 aims to explain the potential of blockchain and Web3 technology in the utility sector. Dr. Green will discuss how this technology can be utilized to increase efficiency, transparency and sustainability in energy management.
Also Read : What is Powerledger (POWR)? Get to Know the Future of Renewable Energy with This Blockchain
Power Ledger At A Glance
Founded in Australia, Power Ledger offers blockchain-based software solutions for building decentralized energy markets. Their technology is designed to support energy trading, flexibility services, and environmental commodities.
This ultimately aims to modernize the electricity grid, give consumers more choice, and encourage the democratization of energy.
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Dual Technology Architecture
Power Ledger utilizes a dual blockchain technology architecture. The first layer is the well-known Ethereum public blockchain. The second layer is Power Ledger's consortium blockchain called EcoChain™.
Solutions for Global Markets
So far, Power Ledger has served a global client base in more than 11 countries. They offer a suite of scalable and individually contractable products, such as uGrid, xGrid, TraceX, and Vision.
The products are grouped into three main pillars: energy trading and traceability, flexibility trading, and environmental commodities trading.
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Access with POWR Token
The POWR token (ERC-20) serves as an access license to the Power Ledger platform. These tokens are required by various businesses, such as utilities, renewable energy companies, and companies committed to green energy, to utilize Power Ledger solutions.
Through its participation at ISUW 2024, Power Ledger hopes to introduce their innovative solutions to stakeholders in the Indian energy sector and encourage the adoption of blockchain technology for a cleaner and more sustainable energy future.
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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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