Power Ledger, whose mission is to deliver peer-to-peer electricity to people through the blockchain, has been knocking it out of the park this year in terms of global recognition. The Australia-based company has thrust the blockchain into the spotlight, scoring a recent win in Sir Richard Branson’s Extreme Tech Challenge (XTC) on Necker Island. In addition, the company unveiled a new regulated security token that will give retail investors access to power projects and dividends.
Dr. Jemma Green, Power Ledger’s co-founder and chair, spent some time with CCN to discuss how the company is handling so much success. She was quick to point out that “success is where hard work and opportunity meet,” saying it was an “extreme honor” and “very surreal” to win the tech challenge, one that carries with it a great responsibility. Indeed, while many of the contestants were relaxing in the hot tub, Dr. Green was memorizing her pitch word-for-word, saying she “didn’t want to risk not saying something.” It paid off.
“Branson standing up and announcing he and the other judges chose Power Ledger is an accolade and also a responsibility. He will be working with us now and we feel more inspired than ever to deliver on our mission.”
Power Ledger represents two platforms in which Branson is engaged — the blockchain and climate change. He is the host of the annual Blockchain Summit and was present during the Paris climate talks.
Richard Branson | Source: Flickr/Jarle Naustvik
The networking opportunity that Power Ledger is receiving as a result of winning the challenge goes unrivaled, the impact of which is already being felt.