Buy Powerledger (POWR)
What is Powerledger (POWR)?
Powerledger (POWR) is a blockchain-based platform designed to enable peer-to-peer energy trading and track renewable energy usage. By utilising blockchain technology, Powerledger offers consumers and producers a transparent and efficient way to trade and track energy, aiming to democratise access to clean energy and promote decentralised energy systems.
How does Powerledger (POWR) work?
Powerledger employs blockchain technology to manage a decentralised platform for energy trading and tracking. Smart contracts facilitate transactions and ensure regulatory compliance, allowing seamless peer-to-peer energy trading among users. This system allows for transparent energy transactions and provides tools for tracking renewable energy production and consumption. Although specific details about the consensus mechanism aren’t provided, it leverages standard blockchain protocols to ensure reliability and transparency.
What are the potential use cases for Powerledger (POWR)?
Powerledger has several practical applications in the renewable energy sector:
- Peer-to-Peer Energy Trading: Individuals and businesses can trade excess energy directly with others in their community.
- Renewable Energy Tracking: The platform enables transparent tracking of renewable energy production and consumption, ensuring cleaner energy usage.
Powerledger’s technology is particularly applicable within the renewable energy, utilities, and smart grid industries. It has formed partnerships with power utilities, governments, and corporations worldwide, further solidifying its role in the global energy transition.
What is the history of Powerledger (POWR)?
Founded in 2016 by Dr. Jemma Green and a team of energy industry professionals, Powerledger was created to address the challenges of integrating renewable energy into existing grids. Since then, it has achieved significant milestones, including recognition as one of the top 50 companies in Crypto Valley, Switzerland, and winning the Renewable Energy Markets Award for innovation.
Similar Coins
EWT
GRID
Frequently Asked Questions (FAQs)
What is the current price of Powerledger (POWR)?
The Powerledger price is $0.52254532 AUD, representing a +10.31% from the day prior.
Where is the best place to buy Powerledger (POWR) in Australia?
The best place to buy Powerledger (POWR) in Australia is right here! Coinstash is one of Australia's leading and most trusted cryptocurrency exchanges. Built by investors, for investors - Coinstash offers a secure and user-friendly platform to buy and sell Powerledger (POWR) and over 1,000 other cryptocurrencies. Enjoy low fees, excellent customer support and access to an array of powerful trading tools and investing features.
What is the daily trading volume of Powerledger (POWR)?
The trading volume of Powerledger (POWR) is $99.5M AUD in the last 24hrs, representing a +10.31% from the day prior.
How can I buy Powerledger (POWR)?
Powerledger (POWR) can be purchased on Coinstash with AUD or by trading other cryptocurrencies for it. Coinstash offers various AUD deposit methods including bank transfers, POLi and PayID.
What is the market cap of Powerledger (POWR)?
The current market cap of Powerledger (POWR) is $272.3M AUD.
Can I convert Powerledger (POWR) to cash?
Yes - With Coinstash you can convert your Powerledger (POWR) to AUD instantly. You can also withdraw AUD to your Australian bank account instantly and for free with no withdrawal fees.
How many Powerledger (POWR) are there?
The current circulating supply of Powerledger (POWR) is 529.8M.
Is Coinstash a safe place to buy Powerledger (POWR) in Australia?
Yes - Coinstash is one of Australia's safest and most trusted platforms for buying and selling Powerledger (POWR) and other cryptocurrencies. Coinstash's industry-leading security practices provide the highest level of protection for your investments. Coinstash is licensed, compliant and AUSTRAC registered in Australia. You can learn more about our security practices here.