Review on Power Ledger by Pedro O. Alvino M.
Cost effective energy system without intermediaries
Most are focused on offering payment systems globally quickly and without cost, since Power Ledger offers totally different services, which can be a long-term success.
Power Ledger allows anyone to exchange energy easily. It links energy producers, ranging from owners with solar panels to large companies with multiple power plants, and allows them to buy and sell energy without going through intermediaries.
Pros
- Offers fully decentralized energy services
- Its operation is comprised of several layers, including Ethereum.
- Designed for smaller suppliers to get more benefits
- The mergers between layers allows to manage the security and confidence measures of the program.
Cons
- Success will depend on how much the cryptocurrency world generally adopts, since its services offered through the blockchain can be misunderstood by many people.
