The Good Tech Companies - Powerledger Completes Integration With Solana, Accelerating The Pace Of Innovation In Sustainability

Episode Date: October 13, 2024

This story was originally published on HackerNoon at: https://hackernoon.com/powerledger-completes-integration-with-solana-accelerating-the-pace-of-innovation-in-sustainability. Powerledger has previously experimented with Bitcoin and Ethereum forks before transitioning to a hard fork on Solana last year. Now, headquartered in Zug, Powe Check more stories related to web3 at: https://hackernoon.com/c/web3. You can also check exclusive content about #web3, #powerledger, #chainwire, #press-release, #powerledger-announcement, #solana-blockchain, #blockchain-development, #good-company, and more. This story was written by: @chainwire. Learn more about this writer by checking @chainwire's about page, and for more stories, please visit hackernoon.com. Powerledger (POWR) has officially completed its integration with the Solana ecosystem. POWR is set to play a pivotal role in enabling the tokenisation and trading of renewable energy assets. This integration enables Powerledger’s platform to scale faster, support high-volume energy and environmental commodities transactions.

This audio is presented by Hacker Noon, where anyone can learn anything about any technology. PowerLedger completes integration with Solana, accelerating the pace of innovation in sustainability, by Chainwire. Zug, Switzerland, October 13, 2024, Chainwire, asterisk PowerLedger, power, has officially completed its integration with the Solana ecosystem, accelerating the pace of innovation in the global sustainability markets. This move combines Solana's cutting-edge blockchain technology with Powerledger's proven energy and environmental commodities trading and energy tracking solutions, setting the stage for faster, more efficient, and cost-effective clean energy solutions worldwide. On October 1, 2024, PowerLedger began the deprecation of its own blockchain,

marking a transition for the POWR token across both Ethereum and Solana. This still-chain approach unlocks potential for the tokenization, trading, and tracking of renewable energy assets, including excess clean energy, renewable energy certificates and carbon credits while CCs, while driving global environmental accountability. PowerLedger's proprietary energy solutions are now transitioned to Solana Mainnet. Greater than, with our new Solana POWR token, we're excited to leverage Solana's network. Greater than this allows for lower fees and faster processing. Aligning with our vision to greater than make clean energy more efficient and accessible for all, said John Bullock, greater than co-founder and director, PowerLedger.

Solana POWR. Speed, efficiency, and sustainability in a C-T-I-O-N. This integration enables PowerLedger's platform to scale faster, support high-volume energy and environmental commodities transactions, and contribute to a more efficient and decentralized energy future for global sustainability efforts. This integration with Solana Mainnet offers POWR token availability. The POWR token is now available on both Ethereum and Solana, with no changes to the total token supply. Token swap mechanism ensures that for every POWR token minted on Solana, an equivalent amount is locked on Ethereum, preserving the integrity of the tokenomics and preventing inflation. Enhanced flexibility and interoperability. The dual-chain approach ensures that POWR remains

accessible to users who prefer Ethereum, while also leveraging Solana's powerful infrastructure and vibrant community to drive new sustainability solutions and collaboration. POWR as a payment token POWR will continue to serve as a payment token for platform services across both Ethereum and Solana, incentivizing green behaviors such as offsetting carbon emissions and reducing energy consumption. Powerledger also completed the integration of its own energy platform with Solana, leveraging Solana's latest tools and technology. https://www.youtube.com/.embed/.dr-acheak9v0greaterthanpowerledger Power is set to play a pivotal role in enabling the tokenization and trading of renewable energy

assets, helping businesses meet their sustainability goals while making energy markets more transparent and accessible for all. About PowerLedger PowerLedger is a Web3 company that creates pioneering solutions that solve pressing energy challenges, enabling access to cheaper and cleaner electricity and transparent environmental trading marketplace. Founded in 2016, PowerLedger is known for being Australia's first and most successful ICO. Powerledger has previously experimented with Bitcoin and Ethereum forks before transitioning to a hard fork on Solana last year. Now, headquartered in Zug, Powerledger is recognized as one of the top 50 companies in Crypto Valley, Switzerland.

For more information, please visit https://www.powerledger.io/.youtube://https://youtube.be/.dr-akiek9v0?c="djf-h-stkpbbmcontaxal Pawar PowerLedge RPR at PowerLedger.io. Tip This story was distributed as a release by Chainwire under HackerNoon's business blogging program. Learn more about the program here. And thank you for listening to this HackerNoon story, read by Artificial Intelligence. Visit HackerNoon.com to read, write, learn and publish.