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Power Ledger Pty Ltd

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Power Ledger Pty Ltd - Energy & Power showcase

Year Founded & Workforce

2016

28 Employees

Industry

Energy & Power

Services

ECOCHAIN Services
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Power Ledger Pty Ltd Overview

Company Headquarters: Perth, Australia

Founded: 2016

Workforce: 28

Company Working: Power Ledger is an Australia based energy trading platform developer that uses blockchain for

its operations. The company is mainly focused on blockchain based decentralized energy platform for buying and

selling of energy. One of the main advantages of Power Ledger’s blockchain platform is that it is an automated

market trading and transparent platform for its users. Power Ledger’s operations is unique in itself as the company

uses dual-token blockchain ecosystem layers namely POWRTM and Sparkz for operation. POWRTM is the Power

Ledger token that is used in the Power Ledger blockchain ecosystem for energy trading applications and creates

Sparkz. Sparkz are then used in transactions for real currencies or fiat money for energy trading. Power Ledger is

mainly focused on the sale of renewable energy that are generated at residential, commercial and industrial

developments to the existing grid network.

Company Snapshot

28

Employees

2016

Founded

Perth, Australia

Headquarters

Key Developments

DateApproachDevelopment
September 2017Product launchAustralian energy start up Power Ledger raised $ 17 million in the pre-sale stage of its initial coin offering (ICO). The coins were sold out within 72 hours after becoming public on the Ethereum cryptocurrency network
September 2017Partnership & CollaborationTech Mahindra, an Indian software company providing digital transformation, consulting and business reengineering services announced a partnership with Power Ledger. The partnership focuses on series of technology trials that aims at bringing the benefits of blockchain based energy trading platform to microgrid developments in India.
December 2017Partnership & CollaborationPower Ledger, an Australian based blockchain energy trading provider, announced a partnership with government-backed renewable energy developer BCPG in Thailand. The companies would be focusing on bringing peer-to-peer renewable energy trading to Thailand, based on a microgrid on a 6-10 multi-story apartment buildings

Product Offering

  • Power Ledger Pty Ltd
    • ECOCHAIN Services

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