Aussie Solar Startup Power Ledger, Energy Giant Origin Begin Blockchain Trial
Australian solar startup Power Ledger has partnered with retail energy giant Origin to begin a trial based on Power Ledger’s blockchain-based peer-to-peer energy marketplace.
Power Ledger–the first Australian startup to launch an initial coin offering (ICO)–raised $17 million AUD (13.4 million US dollars) during its presale and expects to surpass 30 million dollars by the end of the public ICO.
The company is developing a P2P energy marketplace that enables users to buy and sell surplus solar energy. Based on the results of a recently-completed trial, Power Ledger believes its service will save households about 475 dollars per year.
@hrswor So much information thanks for sharing.
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Great news ! I have invested in Power Ledger :)