Micro Trading
L1X solution could decentralize a trustless P2P network to connect buyers and sellers without a middleman, unnecessary fees, or restrictions. Given the micropayment features enabled in the L1X solution, opportunities and efficiencies to the retail industry can be opened up.
For example, a renewable energy marketplace could utilize micro trading on a retail L1X solution to transact rooftop solar energy trading, down to 5-minute intervals, instead of 30-minute intervals through Power Ledger’s blockchain platform or 30/60-day billing cycle through Synergy (Western Australia’s government electricity supplier).
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