6
« on: October 08, 2018, 06:33:12 PM »
power ledger increased by 272 percent in 2017.
power ledger:
1301/5000
wer Ledger uses blockchain technology to enable buyers and sellers to trade with each other without having to rely on a third party company.
Power's two key concepts are:
Peer-to-peer trade between energy networks
-Inter-energy trade between buildings
The focus of these two areas is to address structural problems in energy markets. How did they solve this problem? This dual model approach is the perfect idea to focus on 2 main markets at the same time; retail market and direct P2P. The model provides a high degree of platform (and application) compatibility not only to existing market structures but also to an irregular market order.
Switching from a centralized system to a distributed system. Not everyone can buy solar panels, or there may be no space for the panel on the building roofs. But they can rent. You can rent someone else's solar energy (of course, just remember that we speak only for Australia). In short, the Power Ledger Platform is able to sell the solar energy used and to allow other hosts access to renewable energy. It facilitates the trade of electricity with installed counters and manages the energy consumption of owners without connecting to an electricity company.