Energy Ledger is a cryptocurrency that is highly volatile and therefore may not be suitable for all investors. Energy Ledger is a company and token seeking to provide an energy value trade platform on the blockchain for the management of oil from ground to barrel to distribution. The primary purpose of ELX tokens is to carry data that pertains to transactions within the Energy industry.
- Complete cryptocurrency market coverage with live coin prices, charts and crypto market cap featuring coins on 737 exchanges.
- You can store coins on exchanges after purchase but we recommend using a dedicated wallet for security and long term storage.
- With this issue coming to fruition, Energy Ledger was formed to prove the concept and eventual execution of a deployed blockchain solution for crude oil storage units.
- The primary purpose of ELX tokens is to carry data that pertains to transactions within the Energy industry.
- Energy Ledger is a cryptocurrency that is highly volatile and therefore may not be suitable for all investors.
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ELX Price Live Data
Energy Ledger (ELX) is on the Ethereum network (ERC-20) so it can be stored using any ETH compatible wallet. If you are the site owner (or you manage this site), please whitelist your IP or if you think this block is an error please open a support ticket and make sure to include the block details (displayed in the box below), so we can assist you in troubleshooting the issue.
⚠ Trading cryptocurrencies involves risk, and may not be suitable for all investors. Cryptocurrency prices can be volatile and unpredictable, and may be influenced by various factors, including market manipulation, regulatory changes, and technological developments. After the start of the token on Dec 26, 2020, on the Ethereum platform, more than 811 wallets owned/owns ELX also 11,334 successful token transactions have been recorded till today.
Everything About Energy Ledger Crypto
You can store coins on exchanges after purchase but we recommend using a dedicated wallet for security and long term storage. They are the best choice for those storing a lot of value or planning to hold long term. The Energy Ledger price page is just one in Crypto.com Price Index that features price history, price ticker, market cap, and live charts for the top cryptocurrencies.
It refers to the percentage of the total supply of the cryptocurrency held by the top wallet addresses. If you are new to crypto, use the Crypto.com University and our Help Center to learn how to start buying Bitcoin, Ethereum, and other cryptocurrencies. Regulations governing cryptocurrencies vary by jurisdiction and may change over time, which could impact the legality and use of cryptocurrencies. Investors should conduct their own research and analysis before making any investment decisions. You should also be aware of the potential for loss, and only invest what you can afford to lose. To check Energy Ledger’s price live in the fiat currency of your choice, you can use Crypto.com’s converter feature in the top-right corner of this page.
Smart contract process characteristics portend potential business process continuous improvement for supply chain processes. The potential for supply chain business process improvements can be situated in blockchain information that may capture performance metrics in ledgers; linking them to agree upon processes (S. Saberi, M. Kouhizadeh, J. Sarkis & L. Shen., 2019). Coinlore provides independent cryptocurrency / coin prices calculated by its own algorithm, and other metrics such as markets, volumes, historical prices, charts, coin market caps, blockchain info, API, widgets, and more. We also gather additional information from different sources to ensure we cover all necessary data or events.
Energy Ledger Inc. seeks to make ELX the standard software development platform for energy value trade on the blockchain. The goal and intent of creating this generalized crypto-commodity is to (i) create a cryptocurrency that can be utilized by the energy industry to manage oil containers, and (ii) to incentivize the long term storage of crude oil through investment in the ecosystem. The idea for ELX was originally conceptualized in 2018 by founder and CEO of Energy Ledger Inc., William energy ledger elx G. Pete, who identified the potential for Crude Oil markets to fall into contango or backwardation due to the lack of a computer system such as blockchain being developed to manage and understand the scarcity of storage for crude oil. Backwardation means oil today is worth more than oil in the future.” (Salzman, A., 2020). With this issue coming to fruition, Energy Ledger was formed to prove the concept and eventual execution of a deployed blockchain solution for crude oil storage units.
Energy Ledger Price
The mint, send and burn processes can all make use of a data and operatorData fields which are passed to any movement (mint, send or burn). Complete cryptocurrency market coverage with live coin prices, charts and crypto market cap featuring coins on 737 exchanges. CoinCarp does not currently have price data for Energy Ledger as it has yet to be listed on any cryptocurrency exchanges (CEX or DEX). Once Energy Ledger is live on an exchange, CoinCarp will provide real-time Energy Ledger (ELX) token prices from different exchanges. The cryptocurrency market is highly volatile and can be affected by a variety of factors, such as US dollar policy, government regulations, technological progress, market sentiment, Energy Ledger’s circulating supply and the development of project ecology. Therefore, it is impossible to accurately predict the price of Energy Ledger 5 years from now.