Energy trading platform Power Ledger was announced as a finalist in the 2017 Talent Unleashed Awards.

“Another area that blockchain will impact, is the trading of electricity, where someone sells their rooftop solar electricity to their neighbor. These sorts of small and highly fluid transactions need a trusted ledger system that is going to settle payments transparently and efficiently and not take a big slice of the transaction like a bank.” FORBES Magazine

Power Ledger sits right at the heart of blockchain innovation in two big ways. The ICO would not have been possible without blockchain-enabled currencies such as Bitcoin and Ethereum. While those crypto-currencies are by far the best-known blockchain applications, Power Ledger is one of a fast-growing new category of startups putting blockchain technology to use outside the crypto sphere. In Power Ledger’s case, Green’s team is using a blockchain to build a decentralized energy infrastructure, which will permit producers of solar and wind energy to trade excess energy over micro power grids, enabling energy marketplaces, for example, within apartment buildings, and in communities.

The Blockchain energy company will appear on stage in Las Vegas competing for three finalist spots at Richard Branson’s Necker Island.

“On an electricity grid, electrons generated from the sun, wind, or other renewable sources are indistinguishable from those generated by fossil fuels. To keep track of how much clean energy is produced, governments around the world have created systems based on tradable certificates.

Problem is, the way we manage these certificates “sucks,” and it’s holding up investment in renewable power, says Jesse Morris, an energy expert at the Rocky Mountain Institute. A new system based on the blockchain, the technology at the heart of Bitcoin and other digital currencies, could fix this, he says.” Read more