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Power ledger strives to build a point-to-point power trading platform by using blockchain technology, break the traditional platform model that requires third-party intermediaries to conduct transactions, upgrade the bilateral power retail mechanism to a multilateral trading ecosystem, improve the participation and relevance of power consumers in the power network, promote the production of renewable energy, and enable users to obtain fair returns from energy supply. In the power ledger network, the whole transaction process is regulated and settled in real time through smart contracts, without any third-party intervention, so as to ensure the openness, impartiality and credibility of the transaction.