ICO by Australian Energy Startup Power Ledger Raises AUD 34 Million
- Over 15,000 contributors from across the world took part in the POWR Token Generation Event.
Blockchain Blockchain Blockchain comprises a digital network of blocks with a comprehensive ledger of transactions made in a cryptocurrency such as Bitcoin or other altcoins.One of the signature features of blockchain is that it is maintained across more than one computer. The ledger can be public or private (permissioned.) In this sense, blockchain is immune to the manipulation of data making it not only open but verifiable. Because a blockchain is stored across a network of computers, it is very difficult to tampe Blockchain comprises a digital network of blocks with a comprehensive ledger of transactions made in a cryptocurrency such as Bitcoin or other altcoins.One of the signature features of blockchain is that it is maintained across more than one computer. The ledger can be public or private (permissioned.) In this sense, blockchain is immune to the manipulation of data making it not only open but verifiable. Because a blockchain is stored across a network of computers, it is very difficult to tampe Read this Term-based peer-to-peer electricity Trading Platform Trading Platform In the FX space, a currency trading platform is a software provided by brokers to their respective client base, garnering access as traders in the broader market. Most commonly, this reflects an online interface or mobile app, complete with tools for order processing.Every broker needs one or more trading platforms to accommodate the needs of different clients. Being the backbone of the company’s offering, a trading platform provides clients with quotes, a selection of instruments to trade, real In the FX space, a currency trading platform is a software provided by brokers to their respective client base, garnering access as traders in the broader market. Most commonly, this reflects an online interface or mobile app, complete with tools for order processing.Every broker needs one or more trading platforms to accommodate the needs of different clients. Being the backbone of the company’s offering, a trading platform provides clients with quotes, a selection of instruments to trade, real Read this Term Power Ledger has announced the completion of its ICO, which raised $34 million AUD. In total, over 15,000 contributors from across the world took part in the POWR Token Generation Event.
Learn how to buy Bitcoin and Ethereum safely with our simple guide!
The team had this to say after the event: "When we set out to launch Australia’s first ICO, we wanted to make sure any potential contributors knew exactly how we would use the funds to develop our blockchain-based energy trading platform. The response has shown that a lot of people believe in our vision and ability to execute, and we couldn't be more humbled by that.
The next few months won't be any less busy for the Power Ledger Team, we will be getting back to focusing on growing demand for the Platform and developing its Applications."
Finance Magnates recently interviewed Dave Martin, the MD of Power Ledger, to talk about the project.
Last month Mumbai-based conglomerate Mahindra and Power Ledger announced a series of trials to bring energy microgrid technology to India’s urban population, via Microgrid-as-a-Service.
The trial will initially involve Power Ledger using consumer data from Tech Mahindra’s sites to prove the accuracy and security of the former’s trading platform. This will also help Tech Mahindra to explore the value proposition for consumers and understand the regulatory and technical implications of the peer-to-peer trading model.
Blockchain Blockchain Blockchain comprises a digital network of blocks with a comprehensive ledger of transactions made in a cryptocurrency such as Bitcoin or other altcoins.One of the signature features of blockchain is that it is maintained across more than one computer. The ledger can be public or private (permissioned.) In this sense, blockchain is immune to the manipulation of data making it not only open but verifiable. Because a blockchain is stored across a network of computers, it is very difficult to tampe Blockchain comprises a digital network of blocks with a comprehensive ledger of transactions made in a cryptocurrency such as Bitcoin or other altcoins.One of the signature features of blockchain is that it is maintained across more than one computer. The ledger can be public or private (permissioned.) In this sense, blockchain is immune to the manipulation of data making it not only open but verifiable. Because a blockchain is stored across a network of computers, it is very difficult to tampe Read this Term-based peer-to-peer electricity Trading Platform Trading Platform In the FX space, a currency trading platform is a software provided by brokers to their respective client base, garnering access as traders in the broader market. Most commonly, this reflects an online interface or mobile app, complete with tools for order processing.Every broker needs one or more trading platforms to accommodate the needs of different clients. Being the backbone of the company’s offering, a trading platform provides clients with quotes, a selection of instruments to trade, real In the FX space, a currency trading platform is a software provided by brokers to their respective client base, garnering access as traders in the broader market. Most commonly, this reflects an online interface or mobile app, complete with tools for order processing.Every broker needs one or more trading platforms to accommodate the needs of different clients. Being the backbone of the company’s offering, a trading platform provides clients with quotes, a selection of instruments to trade, real Read this Term Power Ledger has announced the completion of its ICO, which raised $34 million AUD. In total, over 15,000 contributors from across the world took part in the POWR Token Generation Event.
Learn how to buy Bitcoin and Ethereum safely with our simple guide!
The team had this to say after the event: "When we set out to launch Australia’s first ICO, we wanted to make sure any potential contributors knew exactly how we would use the funds to develop our blockchain-based energy trading platform. The response has shown that a lot of people believe in our vision and ability to execute, and we couldn't be more humbled by that.
The next few months won't be any less busy for the Power Ledger Team, we will be getting back to focusing on growing demand for the Platform and developing its Applications."
Finance Magnates recently interviewed Dave Martin, the MD of Power Ledger, to talk about the project.
Last month Mumbai-based conglomerate Mahindra and Power Ledger announced a series of trials to bring energy microgrid technology to India’s urban population, via Microgrid-as-a-Service.
The trial will initially involve Power Ledger using consumer data from Tech Mahindra’s sites to prove the accuracy and security of the former’s trading platform. This will also help Tech Mahindra to explore the value proposition for consumers and understand the regulatory and technical implications of the peer-to-peer trading model.