Australian Government Grants $8 Million to Power Ledger Project
Absolutely gigantic news for the fledgling cryptocurrency. The project is trialing the use of the POWR blockchain for distributed power and water systems in the Australian city of Fremantle. The project will be will be funded through partners including Curtin University, Murdoch University, Curtin Institute of Computation, LandCorp, CSIRO/Data61, CISCO and Power Ledger.
A large solar plant, rooftop solar PV panels, a precinct sized battery, an electric vehicle charge station and precinct water treatment and capture systems will provide the infrastructure for the POWR blockchain to distribute.
The project will begin within 2 months and extend for a period of 2 years.
Real use case. Funding. Moon time boys and girls... strap in tight.
Sounds good. Lets just hope the government doesnt fuck it up like usual.
gayet güzel duruyor :)
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This is actually incredible. I don't know how the Aus government got their shit together but this could pump POWR up significantly. We need someone like Mike Cannonbrookes to invest in this now (paid for Tesla's South Australia battery farm).
Great not just for AUSSIES but for the whole world, Atleast they made a move to prevent global warming every small doing will be big. Very informative post @hughtwo FOLLOWED and UPVOTED 😊
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