First government backed Crypto ? Australian Government Grants $8 Million for Blockchain Energy Pilot (POWR Token)

in #altcoin • 7 years ago

I think this is the first government backed crypto. Power Ledger (POWR) is all about using the blockchain technology to be used in smart electricity grids with renewable energy.

Power-Ledger-logo-square-250x239.jpg

"The funding will see a grant of AU$2.57 million go directly to the project, which will be set up in the City of Fremantle. A futher AU$5.68 million will be provided via project partners including blockchain firm Power Ledger."

https://www.coindesk.com/australian-government-grants-8-million-for-blockchain-energy-pilot/

#bitcoin #energy #renewable #powerledger
7 years ago in #altcoin by
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