Perth Startup Set to Begin Trials of P2P Energy Trading on the Blockchain
An Australian company aims to change the way energy trading is done in the country by undertaking trials that will determine how individuals buy, sell or exchange excess solar electricity through its blockchain-based software instead of on the grid. Later this month, Power Ledger will start the trials which will take place over eight weeks and involve ten households, according to a company press release. The aim of the pilot project is to ensure that producers and consumers have the ability to trade their energy directly, whereby they can save money and maximize the use of the solar....
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When it comes to the voting process, there is always an aura of not knowing what is going on exactly, and whether or not results should be trusted. One of the possible use cases for blockchain technology is decentralized voting. If it is up to Australian startup Veri.vote, that concept will soon become a reality. The company is currently developing the world’s first anonymous and transparent electronic voting system. Using the blockchain for something as colluded as voting sounds like an interesting social experiment. Various startups are exploring this opportunity, and it appears as if a....
A suburb in Fremantle, Western Australia will see its apartment owners to be among the first in the country to trade solar power over a blockchain. Solar-powered one-bedroom apartments developed by Landcorp, the development arm of the government of Western Australia are reportedly expected to be snapped up by predominantly young dwellers. These apartment-owners will soon be able to trade their any surplus solar energy over a blockchain developed by Power Ledger, a Perth startup that aims to enable owners of solar panels to sell excess energy. This beats the conventional model of selling....
One of the most successful baseball teams in Australia, the Perth Heat, is adopting the bitcoin standard. The team will pay players and staff in bitcoin, accept the cryptocurrency for payments, and hold bitcoin on its balance sheet.
The Perth Heat Will Operate on Bitcoin Standard
The Perth Heat, a major baseball team in the Australian Baseball League, announced Wednesday that it will “operate on bitcoin standard.”
The team, which is one of the most successful in Australia, has partnered with bitcoin payments company Opennode to accept and send bitcoin....
Believed to be the first real estate property available for bitcoin in Australia, a home in perth is up for grabs for $1.4 million AUD. The property - in Perth Hills - includes a swimming pool, and a wood-fired pizza over, among other luxuries. But here's the thing. The owner will only accept bitcoin for the sale. That's right, no Australian dollars accepted. The home's owner will obviously modify the BTC price as the price fluctuates (which as we all know, it tends to do). It's a risky move, particularly due to the aforementioned fact that the price of bitcoin fluctuates rather wildly,....
To secure the integrity of this permissioned distributed ledger, Ledger Assets make use of proof-of-stake. Blockchain technology facilitates near real-time exchange of information, assets, and any other type of data. But one Australian startup has come up with a way to make distributed ledgers even faster. Moreover, they reduce the energy costs required by a significant margin. Ledger Assets has unveiled EcoChain to the world, but is it that spectacular? Most people associate the blockchain with using tons of computational power and electricity to secure it. After all, that is how things....