Power Ledger is a blockchain-based software platform that enables the tracking, tracing, and trading of renewable energy and environmental commodities. Their goal is to democratize power and create a sustainable future. They have developed solutions for peer-to-peer energy trading and are currently running a pilot program in Vietnam. The Global Blockchain Business Council has released a report exploring the use of blockchain technology to establish a trustless system for commercial transactions within the energy sector, with the aim of promoting sustainable energy systems and reducing carbon emissions. Power Ledger's Local Energy Markets provide a viable solution for energy retailers affected by variable spot prices.
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