The Australian government has jumped in early and is seeing the...

The Australian government has jumped in early and is seeing the future in digital investment and trading with Blockchain technology and the bartering system. A good article I found yesterday on blockchain technology and digital bartering in the Energy sector.

Australia needs an onshore crypto exchange to deal in Aussie dollars and BPG appears to be right there at the start of this new and burgeoning global financial industry. It is a new take on a very old system of exchanging goods and the use of the barter system. A side note about SOARCOINS. They are regulated and locked on total distribution volume. The total volume in circulation will not change giving it great future potential for quick rises once it is adopted and recognized.

A very bright future for BPG IMO....I bought in more this morning.

Australian Crypto Power Ledger Price Up 509% This Month Alone
https://www.moneymorning.com.au/20171121/australian-crypto-power-ledger-price-509-month-alone.html

Dion Dalton-Bridges 21/11/2017

Blockchain powered company Power Ledger (POWR) has had a remarkable weekend, rising 116%.
There was no one reason for this, but a combination of factors is working in their favour.
Supported by the federal government to the tune of $8 million dollars, the company is chaired by the deputy lord mayor of Perth, Dr Jemma Green.
Power Ledger aims to digitise the use of energy.
The company has developed a peer to peer platform that will dramatically lower energy prices. This will be done by creating microgrids to support the main grids. Focusing on water and electricity.
This may seem complex. But in reality, it’s incredibly common sense.

Peer to Peer Traded Energy​

Imagine a neighbourhood all equipped with solar panels.
These houses could produce, store, and trade electricity based on need. Some houses would need extra, and some would have excess.
A return to simple bartering, and a shared sense of community.
A fanciful as this seems, there is no need to imagine. The trials have already begun.
In combination with Origin Energy a three-month pilot is currently being conducted. It commenced in October, and is set to be completed by the end of December. Results of the trial will arrive in the coming weeks.
Power Ledger’s David Martin had this to say about the trial with Origin Energy:
‘Peer-to-peer energy trading presents an opportunity to unlock enormous value for consumers, it disintermediates the energy supply model putting consumers in direct contact with other consumers.’
Fremantle is also about to undertake a live test involving 80 houses. The ground-breaking technology does not want to compete with the main electricity networks. Not at all. Ideally, they will act as microgrids that can work independently or in support of the major grids. A support layer.
Now in a country like Australia, this is great because we can lower our energy bills.
But imagine the benefits to the third world, where 79% don’t have access to electricity.