Power Ledger Strikes Deal to Roll Out Blockchain in South Australia

Australian blockchain energy firm Power Ledger has partnered with a local energy retailer to roll out its technology in South Australia. Power Ledger’s blockchain-based software will allow Australians to pool their excess solar and battery storage to a Virtual Power Plant for greater control and management over their energy.

Commercial deal with Australian electricity wholesaler Powerclub

Within the partnership, Power Ledger will be integrating its blockchain-based energy trading application Virtual Power Plant (VPP) to

Bitcoin Cash Outshines BTC Retail Spending in Australia by a Wide Margin

Bitcoin Cash Outshines BTC Retail Spending in Australia by a Wide Margin

The BCH-centric web portal Bitcoinbch.com published on October 13 an in-depth report that shows the aggregate of cryptocurrency expenditure for Australian retail businesses. According to the 10-page document, BCH transactions in the country exceed BTC transactions by a wide margin and BCH is the top digital currency in Australia.

Also read: <a href="https://

Global Law Enforcement Has Auctioned Massive Amounts of Bitcoin

Global Law Enforcement Has Auctioned Massive Amounts of Bitcoin

Last month, the U.K. police auctioned off roughly $300,000 worth of cryptocurrencies after they were confiscated by the country’s Eastern Region Special Operations Unit (ERSOU). Since 2014, law enforcement agencies worldwide have been auctioning large sums of bitcoin seized during investigations. For some reason, governments don’t want the digital assets used in crimes and entities like the U.S. Marshals have auctioned thousands of bitcoins. In contrast to the governments looking to unload confiscated digital assets, there have been many types of investors interested in bidding for seized coins.

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Japan’s Kanto Region to Track Surplus Solar Energy with Power Ledger

Australian tech firm Power Ledger will run another blockchain-enabled energy trading trial in Japan’s Kanto region by December 2019.

In order to launch its second trial in the country, Power Ledger has teamed up with Japanese solar provider Sharing Energy and electricity retailer eRex, the company said in a news release shared with Cointelegraph on Oct. 3.

Main region of Japan’s economy

The new Power Ledger’s trial will track surplus solar energy levels and electricity trading, integra

Australian Startup to Offer 20% Payback on Fuel Purchases in Tokens

Australian startup Incent plans to offer a 20% payback in its INCNT token on fuel purchases at United Petrol stations for a limited time. 

Incent announced in a press release published on Sept. 26 that participants will have to sign up on its platform and sync their bank accounts in order to receive the tokens. The firm also claims that the crypto asset in question is “Australia’s first cryptocurrency for all purchases at United Petrol stations.”

A substitute for point-based loyalty programs

United Petrol reportedly owns over 450 stations across Australi

Largest Tencent Shareholder Leads $15M Round in Blockchain Game Developer

Naspers, the largest shareholder of Chinese Internet giant Tencent, has participated in a $15 million investment in blockchain game developer Immutable. 

Key investors

Immutable, a Sydney-based blockchain gaming startup, completed a new funding round led by Naspers and Galaxy Digital EOS VC Fund, the company announced in a blog post on Sept. 23.

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Wylab Sport Tech Incubator Has Selected Five Startups For Pre-incubation Program

Ideas ready to take shape, products now on market that are able to revolutionize the world of sport. Wylab has selected the startups for the pre-incubation program and the acceleration phase. The first Call for Ideas was a success: more than 70 applications were submitted from all over the world. Unbelievable how young talents reached out from Azerbaijan, Australia, United States, France and Argentina: seventy projects then reduced to thirty and presented to the scientific committee during the Pitch Day.

At the end of this process, the five startups selected for the pre-incubation program are:

Fightec is a wearable device for those who practice boxing or martial arts. It is able to transmit, in real-time, information on the performance of the athlete. Specifically, it is an under-glove with sensors that calculates various parameters such as speed, acceleration, power of imp

Queensland’s Real Estate Institute to Launch Blockchain Tenancy Platform

The Real Estate Institute of Queensland (REIQ) teamed up with local tech startup Igloo to launch a blockchain-based tenancy agreement platform by the end of 2019.

As news outlet ZDNet reported on Sept. 15, REIQ general manager Josh Callaghan stated that the new platform will use smart contracts to create “a simple and secure transaction for each tenancy agreement to leverage the benefits of the technology as an irrefutable source of

Nature Abhors a Vacuum: Why Trump’s Proposed Negative Rates Bode Well for Bitcoin

Nature Abhors a Vacuum: Why Trump's Proposed Negative Rates Bode Well for Bitcoin

In a recent tweet, U.S. president Donald Trump delved into an explosive, all-caps-loaded mini-rant about the necessity of getting “interest rates down to ZERO, or less.” The bombastic politician stressed the need for America to refinance its debt, trailing off with some superficially conservative speak about the U.S. and its “great currency, power, and balance sheet,” and calling the Fed “boneheads” for refusing to inflate credit bubbles further. Sycophantic support of the leader aside, negative interest rate policies (NIRP) are slowly but surely gaining prominence worldwide, setting everyone up for a fall that can only be solved by sound money and sound economic principle.

Emergent Coding, Adoption Incentives and Practical Use – Bitcoin Cash City, Day 2

Emergent Coding, Adoption Incentives and Practical Use - Bitcoin Cash City, Day 2

The Bitcoin Cash City conference in North Queensland has just wrapped up, and participants are now unwinding after two consecutive days of presentations, product demos, free gifts, and plenty of food. Tomorrow, September 6, there will be a special workshop for developers, and then the conference proper will end and it’s on to next year’s plans. Day two presented attendees with a smorgasbord of info: tax advice, practical business solutions, onboarding tips, introductions to emergent coding and more.

Also Read: 5 Key Concepts from Day One at Bitcoin Cash City

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