Blockchain is a public record technology that supports Bitcoin, but this technology has also opened up to other innovations. This includes a platform set up to reward user-generated content. Power Ledger is now using a 'greener', more environmentally friendly version of blockchain technology called Ecochain. Thanks to Ecochain, extra renewable energy is produced that can be sold directly to consumers.
Unlike other renewable energy platforms, Power Ledger offers customers the opportunity to exchange electricity among themselves by eliminating the intermediary. As a result, customers who can afford to invest in renewable energy generation can profit from their own surplus. At the same time, those who do not have infrastructure but still want to make money from renewable energy can have this energy at low costs. In addition, electricity producers can gift electricity to anyone they wish, if they wish.
Jemma Green, one of the founding partners of Power Ledger, believes that the possibility of generating income from renewable energy will also increase the use of solar panels. “For now, if you have extra solar electricity, you sell it at a lower rate and re-buy it at a higher rate. By using the Power Ledger, you can sell this excess to your neighbor, to a ratio between these two numbers. "
The company plans to launch an 8-week trial in 10 households it has chosen from a town in North Las Vegas as soon as possible.
https://www.digitaltalks.org/2016/09/13/cevre-dostu-enerji-icin-blockchain-teknolojisi-kullanimi/