Topic: Power Ledger (Read 545 times)

Power Ledger deploys first blockchain-based P2P energy trading system in Chicago

When blockchain first appeared, especially Ethereum’s innovation of ‘smart contracts’, a number of people posited that it could be used to trade energy between one source and another, such as power supplies or batteries.

The idea would be to enable consumers to buy and sell renewable energy directly between one another, in a peer-to-peer (P2P) trading manner. Blockchain would be ideally suited to this, creating a transparent, auditable and automated record of energy generation and consumption. As a result, energy savings could be made, having a positive effect both on costs and the climate.

Few, however, have achieved this. Until now.

The Australian-born Power Ledger is now moving beyond trials and into the commercial deployment of its platform. It’s a sign that the market is not only open to the concept of peer-to-peer trading but ready to start implementing.

Power Ledger has partnered with the Clean Energy Blockchain Network, launching its first commercial deployment in the US at the Northwestern University Evanston campus.

Power Ledger’s platform lets consumers buy and sell renewable energy directly between one another, using a blockchain platform, and will enable Northwestern University to trade clean energy both on-campus and between campuses with no hardware, software or subscription fees, by using pre-existing meters.

Power Ledger Co-Founder, David Martin says: “Moving beyond trials and into commercial deployment of the Power Ledger energy trading platform in a historical trading market like Chicago is a major opportunity. We’re excited to demonstrate how the platform can assist with cutting both costs and carbon with a secure, clean energy source.”

The commercial, utility-grade deployment will initially run across four buildings curated by Northwestern University’s Master of Engineering Management Program with plans for implementation to kick off in the coming months. On-campus P2P trading will be followed by connection to external peers across multi-campus universities, museums, laboratories and more.
https://techcrunch.com/2018/05/03/power-ledger-deploys-first-blockchain-based-p2p-energy-trading-system-in-chicago/

POWR can be one of the first country-sized crypto ideas. Regardless of their future success, it's very nice to see that crypto penetrates of projects at this level.
I think we will see a huge growth of power in next year, btw.

P.S. Too many "nonamed" projects went up in the top-100 last week. It's interesting

As of now it's going good progress is phenomenal so far, it's already in top 100 in coinsmarketcap thats a good sign for this coin. Power Ledger is Australia's solar startup. This coin is definitely a long-term coin I will go long-term with this coin.

i've been telling by my friend that i need to invest in power ledger because the project is really good and although i am not reading too much about their project, i think the guide from the exchanges, i think its enough for me to buy some amount of power ledger. if the ico has been success then i think the coin will be get a good position in the exchanges although its not guarantee that success ico will get good position but at least the coin can compete with the other coins.

Powerledger has been one of my many succesful ICO i participated in this year. I sold my stash arroun $0.2 when it has done 4x profit for me. i just sold the remaining now when it become 10x profit! i intend to get back in later.

Power Ledger is going hard. Up 570% since ICO and getting very close to $200M market cap. Not sure how much longer it can sustain such growth. Market cap is getting pretty high.

I wonder how that happened! A lot of solid projects which have a working product were dumped hardly.

If we see Elon Musk to join the crew, this is going to moon. I am with it from ICO and I believe they have strong team, who can change something!

This is actually quite a common phenomenon in the crypto world. Many, if not all, of the ICOs that I have participated in have fallen in value relative to BTC and USD once they hit the exchanges. You have to understand that as of now it's quite natural. I imagine it's a combination of bounty hunters and pre-ICO investors, the latter of whom usually get a hefty discount and are looking at a 50% return from their investment the minute it hits the exchanges.

It's likely that this phenomenon will die out as ICO marketing and method of distribution becomes more sophisticated and regulatory bodies have their say in how ICOs can and cannot be run. Up until now though, and probably for a short while ahead, it has been financially prudent to purchase tokens post-ICO, when they are at a better price.

Remember though, a lure of ICOs is acquiring returns like that of Stratis, New Economy Movement, Antshares/NEO etc., but in light of the fact that BTC has garnered mainstream attention, from institutional and retail corners of society, means that making huge returns relative to BTC or ETH is most likely going to get more and more difficult. Not that I think they will cease to create returns, they'll just be less moonish.

Yeah! Power ledger looks quite good as of now because of many partnerships and their product. I have participated in the ICO and I'm quite happy now but initially I was disappointed because it went 50% down after listing on Binance which was really annoying! how do someone sell a coin 50% below the ICO price. lol
And also there is a rumour about power ledger from PBC's pick.

I invested already,and currently holding a lot hoping that it will rise in just few months.

This project is good, but i think don't invest here now. The price will go down when in few more months and that time you can start buying it.

For anyone who has not been following the project and has not been active within the community I can tell you this: investing in this will make you money. I sold mine at .20 hoping to get in at about .15, but I opened other positions and couldn't stock up and let me tell you I regret it.

I'm a little tentative to invest just yet as I thinnk I'll find a better entry price, but this is a serious project that will go the whole nine yards. Before anyone invests I implore you to join their Telegram chat and just take a look at how the investors mind's are programmed: they believe in it like a religion, so POWR's not going anywhere.

I am not a financial advisor, do your own research, yada yada yada (if you don't know these things go learn them before you part with your money for your own sake)

Power Ledger has developed a series of world-leading blockchain energy applications, such as our P2P energy trading application that allows businesses!!!!

It seems good, remember it's got listed on the bittrex just in short period after the ico. Bittrex is not randomly to add the new token in their exchange site. there is a lot of the veridication and identification about that. It seems good for your longterm investment.

Not worth researching also it's not Bitcoin. We already have Ethereum, Litecoin, and Waves why do we need another coin to compete with Bitcoin?

It was the most successful ICO in the flood of Bitcoin fork even its succeeded and PWR is the first coin listed in bittrex among lots of ICO happened . Its really having good future i will be holding for long term for sure.

I really like them a lot. They had a well run bounty program and seem to have some good legitimate business connections in the real world. DEF a HODL

 

What are you thoughts on POWR? An electricity sharing platform based in Australia thats gaining traction through government investments. Been steadily going up in price since its ICO. Was thinking of buying and HODLING mid-term/long-term as the project seems to have a working product behind it.