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Power Ledger’s P2P Solar Energy Trading Trial in India Ends In Success

Power Ledger, a blockchain energy company based in Australia, has been conducting blockchain energy trading trials in different countries across the world. According to a recent press release on November 14, Power Ledger in partnership with BSES Rajdhani Power Limited, an electricity distribution firm in India, completed a similar project in South West Delhi and […]
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India: Major Electricity Firm Adopts Power Ledger (POW) DLT Solution

BSES, New Delhi’s major electricity distribution company has integrated Power Ledger’s (POW) distributed ledger technology (DLT) solution into its processes to allow residents to trade their excess solar energy in a frictionless way, reports Energyworld on November 14, 2019. P2P Energy Trading on the Blockchain In a bid to make it possible for residents ofRead MoreRead More. The post by Ogwu Osaemezu Emmanuel appeared first on BTCManager, Bitcoin, Blockchain & Cryptocurrency News\
BTC Manager

Power Ledger Completes Peer-to-Peer Solar Energy Trading Trial in India

Power Ledger Completes Peer-to-Peer Solar Energy Trading Trial in India Australian blockchain energy firm Power Ledger and Indian electricity distribution company BSES Rajdhani Power Limited (BRPL) have completed a peer-to-peer (P2P) solar power trading trial in the country. Power Ledger announced the news in a press release shared with Cointelegraph on Nov. 14, detailing that […] Cet article Power Ledger Completes Peer-to-Peer Solar Energy Trading Trial in India est apparu en premier sur Bitcoin Central.
Bitcoin Central

Power Ledger Launches a Blockchain Energy Trading Software, Virtual Power Plant, in Australia

Power Ledger, an Australian blockchain company, is launching blockchain technology in South Australia in partnership with a local energy retailer, Powerclub. With the new blockchain technology, Australians will be able to pool excess solar energy and battery storage into a Virtual Power Plant, which enhances effective management and exercises significant control over their energy. Like […]
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Crypto Bringing Renewables to the World - Power Ledger News with Jemma Green

Dr. Jemma Green from Power Ledger discussed bringing renewables to the world and Power's expanding global reach. Links REGIONAL VID - https://www.powerledger.io/article/power-ledger-launches-first-regional-trial-to-bring-blockchain-to-the-bush/ TWITTER https://twitter.com/PowerLedger_io WEBSITE https://www.powerledger.io/ Disclosure: This is an unpaid interview for a project that was deemed worthy of research time, recording and posting for educational purposes. Furthermore, I do not hold any POWR at this time RECOMMENDED SERVICES LONG AND SHORT BITCOIN ON BYBIT https://www.bybit.com/home/en/index.html?affiliate_id=1378&group_id=0&group_type=1 (please note margin trading is high risk and is only for experienced traders) HOW TO USE BYBIT https://www.youtube.com/watch?v=dWjNNrBX5ZA TRADE WITH THE PROS ON ETORO https://etoro.tw/36wDtSU GET 20% OF TRADING FEES BACK ON BINANCE https://www.binance.com/en/register?ref=WY7HHPGL GET MY SHIRTS, BEST BITCOIN BOOKS & HARDWARE HERE https://www.amazon.com/shop/thecryptolark BEST BINANCE ALTERNATIVE - KUCOIN https://www.kucoin.com/#/?r=18a8f SAVE BIG ON FEES WITH LVL https://lvl.co/cryptolark/ TAKE YOUR SECURITY SERIOUSLY - GET A HARDWARE WALLET LEDGER NANO https://www.ledgerwallet.com/r/6877 KNOWLEDGE IS POWER - GET THE BEST RESEARCH IN CRYPTO - SIMETRI - https://simetri.cryptobriefing.com/pro/thecryptolark/ CERTIFIED CRYPTOCURRENCY BROKERAGE CALEB & BROWN - Brokerage - Trade OTC like the big guys https://bit.ly/2Feq8F6 AUTOMATE YOUR TRADING FOR MAX SUCCESS (10% DISCOUNT ON FIRST PURCHASE USING THIS LINK) https://3commas.io/?c=tc118488 EARN 6% (8% premium) ON YOUR BITCOIN & GET $50 FREE AFTER STAKING 50 MCO https://platinum.crypto.com/r/v4fvb8ee7m This is the code v4fvb8ee7m EARN 6.2% COMPOUND INTEREST ON BITCOIN & GET $10 FREE BTC https://app.blockfi.com/signup?ref=thecryptolark GET THE BRAVE BROWSER AND EARN CRYPTO https://brave.com/wmd925 ABRA - GET $25 IN BTC - (US bank deposits or AMEX)- https://invite.abra.com/p9lwV0WqCR BOOK HOTELS WITH CRYPTO ON TRAVALA - GET $50 CRYPTO BACK AFTER FIRST BOOKING OVER $100 https://www.travala.com/ref/8RONFR ****Please note that all of the above are referral links and I will receive a small commission if you sign up using any of these links at no extra cost to you. All referrals are for products that I believe in and use personally. Free Cryptocurrency Course - https://www.thecryptolark.org/ Cryptoholics Anonymous Telegram Chat - https://t.me/thecryptolark SOCIAL MEDIA - These are my only accounts, beware of scammers! TWITTER twitter.com/TheCryptoLark FACEBOOK facebook.com/TheCryptoLark TELEGRAM HANDLE @cryptolark BACKGROUND ART BY Josie Bellini - https://josie.io/ PODCAST - find me on I-tunes "Crypto Waves" https://podcasts.apple.com/us/podcast/crypto-waves-the-crypto-lark-podcast/id1388849217 CONTACT E-mail thecryptolark@gmail.com with business or event inquiries. DISCLAIMER Everything expressed here is my opinion and not official investment advice - please do your own research before risking your own money. This video may contain copyrighted material the use of which is not always specifically authorized by the copyright owner. Such material is made available for research or academic purposes. We believe this constitutes a 'fair use' of any such copyrighted material as provided for in section 107 of the US Copyright Law. In accordance with Title 17 U.S.C. Section 107, this video is distributed without profit, for research and educational purposes. Thanks for watching; please like, subscribe, and share if you found this useful! #bitcoin #crypto #ethereum #cryptocurrency #neo #elastos #litecoin #eos #ripple #ontology #monero #stellarlumens #cardano #nem #dash #ethereumclassic #vechain #tezos #zcash #dogecoin
Crypto Lark

Malaysia to trial Power Ledger blockchain energy trading platform

Malaysia to trial Power Ledger blockchain energy trading platform - CryptoNinjas Power Ledger, the developer of a blockchain-enabled energy trading platform to make markets more efficient, announced today it has partnered with Malaysia’s Sustainable Energy Development Authority (SEDA) to launch a pilot trial of its blockchain-backed energy trading platform. Under the agreement, Power Ledger will demonstrate the ability of its platform to effectively trade surplus solar […] Malaysia to trial Power Ledger blockchain energy trading platform - CryptoNinjas
CryptoNinjas

Power Ledger Blockchain Energy Trading Platform To Try P2P Energy Trading In Australia

In collaboration with the Shire of Wongan-Ballidu in Western Australia, blockchain-based energy trading firm Power Ledger has launched a trial of its blockchain-based power management technology in rural areas. The blockchain startup will run this project in collaboration with Innovations Central Midlands WA, BSC Solar, Sonnen and CleanTech Energy. Starting with a trial at commercial sites […]
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Multi-Collateral Dai goes live with Ethereum and BAT as collateral

MakerDAO (MKR) transitioned to the long-awaited Multi-Collateral Dai (MCD) system that allows Basic Attention Token (BAT) to be used as collateral in addition to Ethereum ahead of other tokens. AccordThe post Multi-Collateral Dai goes live with Ethereum and BAT as collateral appeared first on AMBCrypto.
AMBCrypto

MakerDAO launches Multi-Collateral Dai as MKR holds steady

MakerDAO announced the release of Multi-Collateral Dai (MCD). The move is going to bring a wide range of new features to the Maker protocol, including Dai Savings Rate (DSR) and additional collateral asset types. Despite the major announcement, MKR’s price remains stagnant.  The new Multi-Collateral Dai Over a month ago, MakerDAO disclosed a change in the terminology of its products and services. Collateralized Debt Position (CDP) was renamed Vault while Dai (Single-Collateral Dai) was replaced with Sai, and MCD-generated Dai was named Dai. The idea was to get users familiar with the new developments that were going to be released.   Now, anyone can upgrade their Sai to Dai using the Migration app developed by the firm. A number of cryptocurrency exchanges, including Coinbase, announced their support for the new Dai. And, have offered to make the upgrade from Sai to Dai automatically.  MakerDao’s new terminology. Source: MakerDao With the release of the new Multi-Collateral Dai, the decentralized autonomous organization will offer a range of new services to its users.  MCD brings with it the much-anticipated Dai Savings Rate (DSR) mechanism. This allows Dai holders to lock up their tokens in a smart contract and earn additional Dai in the meantime. Although MKR holders will decide the initial rate, the risk management lead at the Maker Foundation, Cyrus Younessi, believes that it would likely be around 2 percent.  According to Younessi: “Given the absence of any empirical data, it is difficult to select a precise starting DSR value. However, a DSR of 2% is likely to be competitive with the broader DeFi ecosystem, which currently offers a ~6% (and dropping) savings rate on Sai.” Mockup of the Dai Savings Rate dApp. Source: MakerDao Additionally, the upgrade introduces a wider range of collateral assets, which were previously limited to Ethereum only. At the moment, the Maker community is evaluating seven cryptocurrencies, including  Augur (REP), Basic Attention Token (BAT), DigixDAO (DGD), Ethereum (ETH), Golem (GNT), OmiseGo (OMG), and 0x (ZRX). Out of all of these tokens, the first two being considered for their low risk of integration are BAT and ETH.  Despite the positivism seen across the market regarding the Multi-Collateral Dai, Udi Wertheimer, a bitcoin developer, criticized the move to back Dai with “illiquid shitcoins.” Wertheimer said: “Imagine you’re not going through life constantly reading crypto twitter and smart contracts. You believe DAI is a stablecoin backed by ETH (fairly liquid and a bit less volatile than other shitcoins). You go to an exchange to buy some. Oops! Here’s a [Basic Attention Token]-backed shitcoin instead.”  As more people in the crypto community start to understand the impact of the recent announcement, MKR is holding steady without much volatility.  MKR technical analysis Over the last few weeks, MKR saw its price rise over 67 percent from a low of $412 on Sept. 24 to a high of $690 on Nov. 11. The move was succeeded by a 19 percent correction that took this cryptocurrency down to $561, four days later.  Now, the 50 and 61.8 percent Fibonacci retracement levels appear to be containing the price of Maker as it awaits for a spike in volume that will determine where it would head next.  Based on its 12-hour chart, MKR is trading in a no-trade zone. The lower and upper Bollinger bands, sitting at $601 and $690, respectively, define this range. Trading within these support and resistance levels poses high-risk exposure. This is a result of the inability to determine in which direction the trend will result. As the Bollinger Bands squeeze on MKR’s 12-hour chart, the odds for a breakout increase. Thus, it will be wiser to wait for a clear move outside of this range before entering a trade. On the upside, if Maker closes above resistance it would signal a move up to the 78.6 percent Fibonacci retracement level, at $794. However, a spike in the selling pressure behind this crypto could take it to close below the support level. If this happens, MKR would likely plummet to the 38.2 percent Fibonacci retracement level, at $541.  MKR/USD by TradingView Moving forward The recent announcement by MakerDAO is generating significant buzz around the community. Even Reuters ran a story dedicated to how Dai is planning to “change the stablecoin game.” However, there are those who believe that the move to back Dai with a number of cryptocurrencies that present high levels of illiquidity could be extremely dangerous. As there are different sentiments about the Multi-Collateral Dai, MKR could be preparing to make a significant price move soon. On the upside, it could surge to nearly $800 while on the downside, it could plunge to $541.  The post MakerDAO launches Multi-Collateral Dai as MKR holds steady appeared first on CryptoSlate.
Cryptoslate

Multi-Collateral Dai Launches and Introduces the Dai Savings Rate

SAN FRANCISCO, Nov. 18, 2019 /PRNewswire/ --  MakerDAO, the protocol behind Dai, the world's first decentralized stablecoin built on the Ethereum blockchain and the leading stablecoin of decentralized finance, today enabled Multi-Collateral Dai (MCD). In a vote held November 15, MKR holders approved the addition of the Basic Attention Token (BAT), opening the door to countless additional collateral types in the future. The introduction of MCD also allows for today's launch of the Dai Savings Rate (DSR), a feature that makes it possible to earn savings simply by holding Dai. Users can learn how to generate Dai and how to access the DSR by visiting https://oasis.app/  From Sai to DaiThe introduction of MCD also marks a change in terminology. Beginning today, existing Single-Collateral Dai will be referred to as "Sai," while Multi-Collateral Dai will be called "Dai." Users can now upgrade their Sai to Dai easily through the Migration Portal (more on migration below). Upgrading provides users with all the benefits of MCD, including more collateral options and the Dai Savings Rate. Multi-Collateral Dai represents the future of digital cash, with the new DSR feature and the activation of a smart contract that paves the way for new collateral assets to back Dai. Accordingly, in the months ahead, Maker Governance will concentrate on adding new assets to MCD through debates and weekly votes. Therefore, anyone looking to take advantage of MCD's many features should upgrade to Dai as soon ...Full story available on Benzinga.com
Benzinga

Finnish Regulator Gives Approval to LocalBitcoins

The regulatory body for the financial sector in Finland has given the nod of approval to LocalBitcoins. The p2p venture was registered by the Finnish Financial Services Authority (FIN-FSA) as a licensed virtual currency provider. The regulatory body gave the go-ahead to the venture after it had met and fulfilled some of the outlined requirements. The requirements to be met before the approval can be given include the implementation of the various strategies designed to combat money laundering. These are collectively known as the anti-money laundering measures (AML). Another requirement is the implementation of the Know Your Customer (KYC) policies. Then there is the proper protection and security of the assets of the investors and clients. But these are not all. There must also be compliance with LocalBitcoins management and staff with all the obligations of qualifications. Good Vibes Sebastian Sonntag is the chief executive officer of LocalBitcoins and he has stressed an important fact. That is that Finland is trusted worldwide when it comes to controlling and proper monitoring of the financial sector. He also said the new approval is going to open up countless corporate opportunities for the venture. All stakeholders are most likely going to benefit from these opportunities. For LocalBitcoins to secure a license, the venture had to put in place some strategies. These strategies were aimed at controlling capital flows. An example was in the middle of the year when the venture got rid of the option of trading digital currency for cash in person. After deleting that option, it brought about the verification of users. All these were aimed at repositioning the venture properly in preparation for the approval from the regulating agency. Also, these strategies had some other effects. For example, they led to a fall in the volume of transactions by more than a third. But in nations that had problematic currencies like Venezuela or Argentina, the trading volumes with the venture were so high that records were broken. Talk of different strokes for different folks. Big Deal Now that LocalBitcoins has been given the status of a reliable currency provider, it is now going to be seen as more trustworthy to do business with. The good and interesting about this approval is that very few platforms in all of Finland have it. So, it means a lot not just for LocalBitcoins itself but for all its customers and stakeholders. Finland as a nation is pretty strict when it comes to financial regulation. For example, it has banned other digital asset-related ventures from operating outside what has been stipulated as the official guideline. Things are actually looking up very well for LocalBitcoins of late. Now, it is gaining more ground in nations like Colombia, Peru, Venezuela, Argentina and other countries in South America. It is also doing, even more, to ensure that it becomes even more transparent. From November, it commenced the blocking of certain accounts. All these are moves were to ensure it not only gets the approval but maintains the reputation that it has carved for itself in the sector. The post Finnish Regulator Gives Approval to LocalBitcoins appeared first on Cryptovibes.com - Daily Cryptocurrency and FX News.
Cryptovibes

Multi-Collateral Dai goes live on MakerDAO

Multi-Collateral Dai (MCD) has activated on the MakerDAO system after MKR token stakeholders made an executive vote last Friday to pass it through. MCD, as its name states, will enable users to create Dai stablecoin coins backed by multiple collateral types. The initial collaterals for MCD will be ether and basic attention tokens. Along with the MCD transition will be the introduction of the Dai Savings Rate, which will reward Dai holders with a variable interest rate paid out in Dai. With MCD's activation, there are now two Dai systems in Maker: Single Collateral Dai, which has been renamed Sai, and Multi-Collateral Dai, which has taken the Dai name. The Maker system and its users will ultimately completely migrate over to MCD.  According to The Block's analyst Matteo Leibowitz, "An expected timeline for total migration remains unknown, although various Maker Foundation employees have suggested that migration within several months would be considered a success. "
The Block Crypto
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