Review on Power Ledger by Syed Adnan
Decentralized energy trading platform.
The platform uses blockchain to create a transparent governance framework that facilitates transparent interaction between the energy market and its customers. It paves the way for an ecosystem that is scalable and compatible with existing or incoming regulatory environments. To meet a dynamic and flexible requirement, it has adopted the dual token model and works on two blockchain layers.
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Pros
- It is a complex ecosystem that facilitates a seamless P2P energy business. It's a blockchain platform that allows for decentralized application creation.
- It is a dual token platform, where each of its tokens serves different purposes in the ecosystem.
- The platform operates on two blockchains. This dual blockchain system allows for the flexibility required to operate in various fuel markets.
Cons
- Without any concerns it exhibits decent potential.
