Description
Power Ledger is a blockchain-based technology company revolutionizing the energy sector by enabling real-time tracking, trading, and settlement of energy transactions. Headquartered in Zug, Switzerland, and founded in 2016, Power Ledger operates in over 10 countries with a mission to modernize energy grids and democratize power distribution. Utilizing dual tokens—POWR and Sparkz—the platform supports renewable energy certificate trading, environmental commodity trading, and carbon credit trading. POWR provides access permissions while Sparkz represents electricity credits pegged to fiat. Leveraging both Ethereum and a native Solana-based blockchain, Power Ledger aims to reduce transaction costs, enhance reliability, and promote sustainability through a decentralized approach. This agile market regulation addresses the intermittency of renewable sources like solar and wind. Launched via a highly successful ICO in 2017, the platform maintains active trading with approximately 512 million POWR tokens in circulation and a daily trading volume of $8.56 million.
Power Ledger is a blockchain-based technology company revolutionizing the energy sector by enabling real-time tracking, trading, and settlement of energy transactions. Headquartered in Zug, Switzerland, and founded in 2016, Power Ledger operates in over 10 countries with a mission to modernize energy grids and democratize power distribution. Utilizing dual tokens—POWR and Sparkz—the platform supports renewable energy certificate trading, environmental commodity trading, and carbon credit trading. POWR provides access permissions while Sparkz represents electricity credits pegged to fiat. Leveraging both Ethereum and a native Solana-based blockchain, Power Ledger aims to reduce transaction costs, enhance reliability, and promote sustainability through a decentralized approach. This agile market regulation addresses the intermittency of renewable sources like solar and wind. Launched via a highly successful ICO in 2017, the platform maintains active trading with approximately 512 million POWR tokens in circulation and a daily trading volume of $8.56 million.
