Meet me again here. In chapter 1 yesterday I had a little explanation about power platform ledger and its ICO in my article entitled “ICO Analysis - Power Ledger”, now in Chapter 2 I will explain about the application and layer that will sustain the way of power ledger.
as I reviewed in my first article, Power Ledger (https://tge.powerledger.io/) is a peer to peer energy trading platform integrated with existing electrical systems. This platform will utilize its resources in Australia.
Australia is famous for having the highest solar adoption in the world (every home has its own solar system). A 1-kilowatt solar panel will produce 4.2 kWh in Australia compared to 3 kWh in Europe.
okay no need to lengthy again, because I've discussed the power ledger very detailed in chapter 1. Now just go into the material:
About Power Ledger Layers
- Power Ledger Applications
This layer there are many points we need to know before you decide to invest heavily in the power ledger platform:
P2P Trading: This Platform Application will serve to give resellers the ability to empower consumers to transact electricity with others and receive real-time payments from automated and unauthorized reconciliation and settlement systems. There are many other benefits like you can also choose a clean energy source, trade with your neighbors, and make extra money/profit with clear transparency across all your trading activities at a low cost, of course, this is a good opportunity to long-term investment in distributed renewable energy.
Neo-Retailer: Apps on this Platform authorize resellers "Neo-retailers" with smart demand and supply management, along with remuneration and payment settlement while managing consumers exposed to non-supply risks.
Microgrid/Embedded Network Operator/Strata: This type of Platform Application enables electricity metering, big data acquisition, rapid microtransactions and grid management at an unprecedented granular scale. Trading in embedded networks breaks the nexus between generation ownership and energy consumption meaning value can be derived from an investment in DER even if the investor is absent or doesn’t consume all the energy they generate.
Market Settlement: This Platform Application offers rapid low-cost and transparent dispatch optimization and management, data aggregation, reconciliation and settlement for wholesale energy marketplaces.
Autonomous Asset (AA) Management: This current Platform Application allows for (1) shared ownership of renewable energy assets and (2) trading renewable asset ownership. The AA is able to buy and sell its own electricity and distribute its income to assigned wallet addresses.
Distributed Market Management: This Platform Application provides optimized metering data, the collection of big data, right to access and dispatch of assets, rapid transaction settlement, network load balancing, frequency management, demand side response and demand side and load management. The optimization of network assets is made viable by the near real-time remuneration of asset owners.
Electrical Vehicles: This Platform Application facilitates real-time metering data (interfacing with the Open Charge Point Protocol (OCPP)), a collection of data, user identification and rapid transaction settlement.
Power Port: Platform Application whereby virtual pipeline and roadside assistance type assets may be automated via the platform, such as EVs, and can provide a mobile storage discharge facility maintaining energy supplies to predominantly self-sufficient energy consumers.
Carbon Trading: This Platform Application offers smart contracts for carbon traders to assure digital transactions across organizations; credibility of an asset using immutable distributed ledger technology; and transparency and auditability. It supports reporting and surrendering of carbon credits or certificates to regulatory authorities.
Transmission Exchange: In the management of transmission networks, the Platform can provide real-time metering data, a collection of big data, right to access and dispatch assets, rapid transaction settlement, network load balancing, responding to non-stationary energy.
- Ecochain Services
In this second layer, there are some points that support the running of power ledger and give a real advantage,
SPARKZ Management
Meter Readings
Power Trading
POWR Incentivized
SPARKZ-POWR SmartBond
Assets Management
Oracles
- Power Ledger Core
TGE POWR Management
POWR Assets Germination
POWR Incentivized
Oracles
POWR Growth Pool
POWR-SPARKZ SmartBond
- Ethereum Blockchain
Here the ethereum blockchain acts as a running place for power ledger: such as transactions, data collection and so forth.
well with the above explanation, are you in doubt with the power ledger? they emerge as a solution that will give us a service that is really cheap and very easy to access by anyone and anywhere.
Okay now I will review the token and the usefulness of the token
TOKEN
The POWR Token allows hosts and consumers to gain access to P2P trading features and other Power Ledger applications.
Sparkz this token value will be the same as the local currency in the country. In Australia 1 Sparkz = 1 cent AUD.
Powr token is needed to produce Sparkz. Sparkz is a token level of the local market and is priced with the currency of the country where they are placed. Sparkz is helpful in facilitating a transaction between parties to make it easier and safer.
The project is run by the power ledger in cooperation with the Australian government and a large DSO.
If you intend to join the power ledger, you have 14 hours to join ICO crowdsale.
ICO Details
Symbol: POWR
Crowdsale opened: August 23, 2017
Crowdsale closed: Oct 6, 2017
Other information
Whitepaper: https://tge.powerledger.io/media/Power-Ledger-Whitepaper-v3.pdf
Website: https://tge.powerledger.io/