Powerledger Powr Price USD

Powerledger (POWR) is a technology company that makes software for distributed and decentralised energy markets for a sustainable future. It has made a blockchain-based platform that lets energy, flexibility services, and environmental commodities be tracked and traded. Its goal is to create a platform for a fully modernised, market-driven grid that gives consumers a choice of energy sources and makes power more accessible to everyone.

Powerledger works on two layers of blockchain and has two tokens, called Powerledger (POWR) and Sparkz. The platform itself uses a public blockchain called Ethereum and a private blockchain called EcoChainTM.

The POWR token is an ERC-20 token that acts as a licence for businesses that want to use Powerledger's platform. This includes utilities, renewable energy operators, microgrids, companies that use 100% renewable energy, and property developers. The Ethereum Smart Bond exchange is where people buy and sell POWR.

In 2015, 30 countries had reached grid parity, which means that the price of solar energy was the same as or less than the price of retail electricity in those countries. Powerledger uses both renewable energy and blockchain technology to make energy solutions that are cheaper and better for the environment than traditional options.

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