Power Ledger partners with BCPG to develop energy trading

Power Ledger and BCPG partnered in order to let users trade renewable energy from solar panels via secure banking interface in Thailand
18 December 2017   748

On December 18, the renewable energy developer BCPG which is backed by Thailand Government, has made an announcement stating that it partners with Power Legder in aim to bring peer-to-peer renewable energy trading to Thailand.

As it was stated in the official announcement Power Ledger energy-trading platform will be used to let building managers trade renewable energy from solar panels installed on each building with autonomous financial settlement enabled via the use of a secure banking interface.

BCPG is currently in a process of selecting a bank in Thailand which will provide financial settlement for peer-to-peer energy transactions in Asia.

This will help reduce the government’s investment in building large-scale power plants to meet the growing demand for electricity and at the same time offer customers and consumers a greater choice of electricity from renewable energy in the form of Peer-to-Peer energy trading.

Bundit Sapianchai

President, BCPG

The price of Power Ledger has started to rise rapidly following the news, having grown 5% within one hour which led to the numbers of 55% increase within past 24 hours and 107% within past 7 days. Power Ledger has exceeded the price of $1 at 06:15 UTC on December 18.

Power Ledger charts december 2017Power Ledger Charts

At the moment of press, the coin continues to grow in price and those are main market parameters of Power Ledger:

  • Average price: $1,13
  • Marketcap: $399 344 162
  • 24h volume: $134 390 000

HTMLCoin swap process comes to an end

On March 27 HTMLCoin finalizes the swap procedure of old HTML5Coin into HTMLCoin at a rate 3:1 and thus the migration to a new blockchain will be officially completed
21 March 2018   30

In full accordance with the swap schedule, March 27 marks the end of the swap procedure of the old HTML5Coin token into new HTMLCoin token. This final stage of the swap that lasted roughly 14 days is considered to be late stage and thus the rate is 3 (old) : 1 (new).

A special web form was prepared so that the users could fill it out and perform the swat themselves (therefore it was called 'Self-swap service'). The users can use this form for both the HTML5Coin wallet addresses and YoBIT exchange withdrawal code called 'Yobit code'. The HTMLCoin team warns that sometimes the YoBIT exchange withdrawal function may not work and recommends repeating the procedure later or contact HTMLCoin support for help with the withdrawal.

The actual swap are going to be handled on Saturday, March 31. The official end date of the swap procedure is set on March 28. This swap is due to the migration of HTMLCoin to a new blockchain with new features for freelancers and segregated minorities (e-learning programs, job hunting and connections, freelance mobile app). These rich features all aim to empower freelancers and vulnerable communities to new bold opportunities, learn new skills and apply them immediately. Freelancers-Business platform is set to connect companies and freelancers to help adopt these innovative concept.

As of the moment of publication, the HTMLCoin market indicators are as follows:

Average price: $0.000541

Market cap: $35,579,234

Volume (24h): $70,079