THELOGICALINDIAN - With all eyes on the top cryptocurrencies some of the abate altcoins can get absent in the fizz This can be a benevolence back a acceptable cardinal of them accept actively acceptable realworld applications Once such agenda asset has been developed by blockchain activity close Power Ledger
A contempo Medium post appear that Power Ledger has appear an acceding today with government-backed renewable activity developer BCPG to accompany peer-to-peer renewable activity trading to Thailand. The action is a aboriginal of its affectionate in Southeast Asia area the two firms will assignment calm to advance a Bangkok based microgrid which will abide of 6 to 10 multi-story accommodation buildings.
Using the Power Ledger blockchain and activity trading belvedere architecture managers will be able to barter activity generated from amid 1 and 2 Megawatts of anchored solar. BCPG will be sourcing the coffer in Thailand that will alpha accepting free cyberbanking settlements via a defended cyberbanking interface.
President Bundit Sapianchai was optimistic about the collaboration:
“Innovation is at the affection of BCPG. And we are aflame to be alive with Ability Ledger. This will advice abate the government’s advance in architecture all-embracing ability plants to accommodated the growing appeal for electricity and at the aforementioned time action barter and consumers a greater best of electricity from renewable activity in the anatomy of Peer-to-Peer activity trading,”
Power Ledger managing director, David Martin, additionally commented on the alliance:
“Renewable microgrid developments acquiesce for the able accession and operation of bearing accommodation abutting to consumers, we’re absolutely appreciative to be alive with BCPG to accompany this technology to South East Asia. The free attributes of the trading belvedere agency it’s simple and bargain and bringing this calm with on-site breeding accommodation agency activity can be low-cost, low-carbon and airy to the impacts of astringent acclimate conditions,”
POWR has apparent abiding increases over the accomplished three months after the capricious spikes that added altcoins accept seen. It has risen from $0.05 to over a dollar during the period, aggressive to an best aerial of $1.17 aloof a brace of hours ago. There are 1 billion tokens in absolute with 352 actor in circulation, bazaar accommodation is currently aloof over $400 million. Top places to barter are Bittrex and Binance with about 90% of the absolute aggregate combined.
Unlike abounding added vanity coins, Power Ledger uses the blockchain to accommodate solutions for real-world issues and accordingly is acceptable to accept a ablaze future.
Cover Image via Power Ledger
