Source. Crypto info.com
What is Powerledger?
Power Ledger (POWR) is an Australia based company that wants to see a world in which electricity supply is dependable, affordable and clean- for everyone.
Their peer-to-peer energy exchange platform is powered by Smart Contracts on the Ethereum blockchain, and aims to democratize the trading of electricity and other energy sources transparently so that individuals and communities can select the exact source of their power.
POWR is a utility token that would can escrow to use the platform, and are also used as part of an economy in which households that generate electricity (via solar, wind etc.) can trade with their neighbors for a fair return.
Recently Power Ledger and Nicheliving signed a three year deal to bring blockchain energy trading tech to Western Australian homes, with Power Ledger's platform being integrated into 10 Nicheliving projects over three years.