Powerledger has the objective to democratise energy markets and to provide consumers different choices based on the offerings of a distributed and decentralised platform which allows trade and track features for energy, environmental commodities trading and flexibility services. The network is operating on two blockchain layers: on the Ethereum blockchain and on EcoChain and has two tokens, the Sparkz token and the POWR token, based on the ERC20 token standard. POWR enables consumers and energy providers to interface with the ecosystem and serves a licence for businesses such as renewable energy operators, utilities, property developers, companies committed to 100% renewable energy and areas of sustainability. These businesses need to hold POWR in order to access the platform and interact with the ecosystem.