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Power Ledger launches blockchain-based, energy-trading platform trial at Chicago's Northeastern University

Power Ledger COO Marc van Hoof and Board Advisor Bill Tai tells Proactive Investors the blockchain-based, energy-trading platform has deployed its first trial at Northwestern University in Chicago.

Australia-based Power Ledger's platform allows for decentralized selling and buying of renewable energy, and its engine can facilitate for any of the buildings across Northwestern to trade energy with other buildings.

Tai says the company has an upcoming trial in Puerto Rico, which will demonstrate the long-term potential of the technology for national energy security.

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