Powerledger, an Australian leader in blockchain-based sustainable energy solutions, has joined the Solana ecosystem. The company shared that they share common values with the blockchain network in the areas of Regenerative Finance (ReFi).
Powerledger and Solana: Joining Forces
Powerledger will stop using its Solana Virtual Machine blockchain and will now integrate its tech with the Solana mainnet. It is an important step for increasing clean energy discussions in blockchain tech.
New Platform Integration
The company believes that crypto can promote planetary well-being by adopting a unified platform for supporting regenerative finance (ReFi). A spokesperson stated that they aim to integrate the clean energy and sustainability narratives in the blockchain technology sector. They further addressed it as a significant step in aligning financial innovation with planetary well-being.
Importance of ReFi in the Ecosystem
ReFi focuses on building economic systems that aim for more than just profits. It also works to improve social, environmental, and economic well-being. According to CoinGecko, the total market capitalization of ReFi is $110.57 million at the time of writing.
Powerledger's joining with the Solana ecosystem is a significant step towards sustainable development and the promotion of clean energy technologies in the blockchain industry.
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