Securities commissioners and trade experts have refused Australian blockchain startup Power Ledger a clean bill of ethical health after it emerged that the company paid rogue “bounty hunters” to shore up interest in its cryptocurrency. The project’s “powr” crypto has fallen 90 percent in value over the past year amidst bearish market conditions. Also read: Russian […]
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The energy industry is prone to disruption in many ways. Contrary to what most people think, the entire renewable energy market is still somewhat centralized. Power Ledger aims to change that by providing the world’s leading peer-to-peer marketplace for renewable energy. It’s an ambitious goal, but can it be realized? The Purpose of Power Ledger Combining blockchain technology with renewable energy will undoubtedly lead to some intriguing developments over the years. Building a platform where this energy can be traded freely without any friction is a different matter altogether. Power Ledger wants to remove intermediaries from the equation, as they are