Power Ledger (POWR)

Power ledger

What is Power Ledger?

Power Ledger, abbreviated POWR, is a crypto currency and a decentralized energy exchange platform. By making use of energy applications, such as a Peer-to-peer energy exchange application that enables companies to trade energy. With this technology it is possible to trade a surplus of renewable energy that is generated by private individuals and companies and that are connected to existing energy distribution networks or within micro-grids.

POWR is an ERC20 token based on the Ethereum network. This token reinforces the Power Ledger ecosystem. The tokens serve as access permission and enable users to host the Applications and give consumers access to trading opportunities.

Power Ledger Wallet

Because Power Ledger is an Ethereum token you can save it on all Ethereum compatible wallets. The easiest way is perhaps the paper wallet service MyEtherWallet (pay attention, there are many scam variants in circulation. If you visit this website, always make sure you see the green lock in the address bar with the company name in it). The most secure way is still to store your tokens in a hardware wallet.