Powerledger price

POWR

#322

Powerledger (POWR) was co-founded by Dr. Jemma Green and John Bulich in 2016. Dr. Jemma Green is the executive chairman of Powerledger. After spending a decade as an investment banker in London, Dr. Green returned to her hometown of Perth to pursue her PhD in electricity market disruption. In her pursuit of software facilitating peer-to-peer energy trading, she crossed paths with John Bulich, a seasoned blockchain solutions expert with a track record of creating innovative solutions for various industries. Together, they conceived the idea of Powerledger, recognising the growing need for transparency and an additional peer-to-peer transaction layer in energy markets, especially with the increasing integration of renewables into the grid.

In 2018, Dr. Jemma Green won Sir Richard Branson’s Extreme Tech Challenge award, followed by the EY Fintech Entrepreneur of the Year award. In 2024, Dr. Green collaborated with former FBI hostage negotiator Chris Voss to co-author the best-selling book, 'Empathy and Understanding in Business.'

John Bulich is the technical director at Powerledger. He is a pioneer of blockchain technology in Australia. After co-founding Ledger Assets, he became renowned as a technology entrepreneur, specialising in the design and implementation of blockchain. John provides the strategic direction for conceptual, system and application design and development for Powerledger. His vast experience in software and blockchain development gives Powerledger its technical edge.

Powerledger was founded in 2016 to solve a pressing problem: Energy that comes from solar and wind is intermittent and lacks the steady quality that fossil fuels provide, and this causes problems for the grid.

Powerledger’s approach was to create a highly agile market that could help regulate this intermittency and start to create a transition to a more responsive, distributed network with better storage. Powerledger’s software is used by utilities and large corporations to track, trace, and trade every kilowatt of energy to improve grid stability.

Powerledger software is designed for provenance tracking of energy and portfolio management (PPA Vision), providing alternatives for cheaper renewable energy through secondary markets and peer-to-peer energy trading (Secondary PPA Exchange and xGrid), and building efficient marketplaces for environmental commodity trading (TraceX).

Powerledger solutions use blockchain in a variety of ways. For example, Vision and PPA Vision use blockchain for tracking each kilowatt hour in terms of type, time, and place. Powerledger also offers products that utilise blockchain to record the transactions between buyers and sellers of EACS, or environmental attribute certificates, and creates settlements between the parties. These can be tokenised and integrated with traditional certificate registries and, over time, blockchain registries as well.

Powerledger allows renewable energy asset owners to decide who they want to sell their energy to and at what price. Trades are conducted across a distribution network that is monitored and provides a secure revenue stream. Users can secure their POWR through a hardware wallet.

POWR is an ERC-20 token that is supported by all wallets that also support Ethereum. Powerledger’s software suite utilises the Powerledger blockchain for necessary transactions, due to its scalability compared to the Ethereum public blockchain. The Powerledger blockchain is built on a modified version of the Solana software, and is secured through staking facilitated through the official Powerledger staking platform.

POWR is an ERC20 token that is supported by all wallets that also support Ethereum.

If you want to buy, sell or trade Power Ledger (POWR), you can do so on the following exchanges:

• coinbase
• Binance
• Bithumb
• KuCoin
• UpBit
• Gate.io
• Bittrex
• Bancor
• Changelly
• Coinspot
• Huobi
• Kyber
• LAtoken
• Localcoinswap
• Lykke
• TDAX
• Swyftx
• Liquid
• crypto.com

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Learn more about what the ERC-20 token is.

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