The bull market for Bitcoin in the latter half of 2017 has slowed down considerably and Bitcoin is well down from it's all-time highs. This has now thrown more light on emerging Altcoins which have lived in the shadows of the biggest cryptocurrency/ PowerLedger, an Australian blockchain company has enjoyed healthy gains for investors, but there is a much bigger picture which will potentially involve communities in every country, whether they are immersed in crypto or not. The potential to disrupt the old model of retail energy selling is massive. They are a tireless team and already have signed agreements in India, Thailand and now North America.
In their own home country, Powerledger have now engaged a major energy company Origin in a trial of peer-to-peer solar energy trading. The implications of this can not be understated, as if other retailers sense opportunity here, this new theoretical model of buying electricity could explode in popularity.
Think of how computing and telephony costs have plummeted over the last decade. There are definite parallels here, as we all know how important first-mover advantage can be to the success of any business or enterprise.
Even if private companies show initial resistance to being involved, governments worldwide will recognize political opportunity and could foreseeably compel power companies to reduce costs to both government and private homes.
If you have any doubts about what that could mean to the the US government in particular check this link:
Cost saving of $50 billion plus over five to ten years
A truly revolutionary enterprise that is both a win-win for world communities and investors alike.