Powerledger (POWR): History and How It Works

Bittime - Powerledger (POWR) is a technology innovator that develops software solutions for distributed and decentralized energy markets. With its blockchain-based platform, Powerledger enables efficient energy tracking and trading, flexibility services, and environmental commodities, driving a sustainable energy future.

History of Powerledger

Founded in 2016 by Dr. Jemma Green and John Bulich, Powerledger is led by thinkers dedicated to changing the way we interact with energy. Dr. Green, with a background as an investment banker and electricity market disruption researcher, along with John Bulich, a blockchain expert, bring transparency and efficiency to the energy market.

The uniqueness of Powerledger

Powerledger addresses the challenge of intermittency renewables by creating flexible markets. This enables the transition to a more responsive and distributed power grid, with increased grid stability through their advanced software.

Check the Crypto Market Today:

Powerledger Ecosystem

Powerledger operates at two layers of the blockchain to improve scalability and security:

• POWR tokens: Issued on Ethereum as ERC-20 tokens.
• Blockchain Powerledger: Solana-based, designed for more scalable energy transactions.

POWR Coin Supply

As of February 2021, Powerledger's circulating supply is 425,498,654 POWR, with a maximum supply of 1 billion POWR.

How Powerledger Works

Powerledger empowers owners of renewable energy assets to sell their energy securely through a monitored distribution network, with POWR tokens that can be secured in Ethereum-enabled hardware wallets.

Also Read How to Buy Crypto:

Conclusion

Power Ledger (POWR) is a blockchain-based platform designed to transform the global energy industry. By enabling peer-to-peer energy transactions without intermediaries, Power Ledger offers energy solutions that are cleaner, cheaper, and more sustainable than traditional energy alternatives. The platform uses two layers of blockchain and two types of coins: Power Ledger Token (POWR) and Sparkz, both of which have different functions in the system.

Sejak didirikan, Power Ledger telah menunjukkan kemajuan signifikan melalui proyek-proyek percontohan dan kemitraan global. Dengan visi untuk mendemokratisasi energi dan mendorong transisi menuju masa depan energi yang berkelanjutan, Power Ledger terus berinovasi dan memperluas jangkauannya. Keterlibatan dalam proyek-proyek di berbagai negara dan kolaborasi dengan grup energi terbarukan menunjukkan potensi dan komitmen Power Ledger dalam revolusi energi yang berkelanjutan.

Cek Harga Crypto Hari Ini:

Cara Beli Powerledger (POWR) di Bittime

You can buy and sell Powerledger (POWR) in an easy and secure way through Bittime. Bittime is one of the best crypto applications in Indonesia that has been officially registered by Bappebti.

Powerledger (POWR) is available on Bittime with the market pair POWR/IDR. To be able to buy POWR IDR on Bittime, make sure you have registered and completed identity verification. In addition, also make sure that you have enough balance by depositing some funds into the wallet. For your information, the minimum asset purchase at Bittime is Rp10,000. After that, then you can make a crypto asset purchase in the application.

Learn the complete guide on how to buy Powerledger (POWR) on Bittime.

Monitor the price chart movements of Powerledger (POWR), Bitcoin (BTC), Ethereum (ETH), Solana (SOL) and other cryptos to find out today's crypto market trends in real-time on Bittime.

Also Read:

How to Stake POWR on Powerledger

Powerledger (POWR) Price Predictions 2024

It's the Top Eco-Friendly Crypto Asset in 2024, Powerledger (POWR) Included!

DISCLAIMER: This article is informational in nature and does not constitute an offer or solicitation to sell and buy any crypto asset. Trading crypto assets is a high-risk activity. Crypto asset prices are volatile, where prices may change significantly from time to time and Bittime is not responsible for fluctuations in crypto asset exchange rates.