cryptocurrency that decentralizes and democratizes solar energy. Our transactive energy system uses blockchain technology, microgrids and IoT devices so people can buy and sell electricity without using the existing electricity grid

in #blockchain2 years ago

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Energy is an important factor for global development. It is essential for all life and every living organism, and energy supports economic and social growth in every country around the world. In modern society, energy continues to be harnessed from various sources to power transportation, computers, medical equipment, communications, and more. Most of the energy consumed in the world comes from traditional hydrocarbons or fossil fuels. However, the continuous use of fossil fuels releases excessive amounts of carbon emissions which pollute the earth's ecosystems which endanger the climate and human life. These particular problems have motivated several countries to seek and adopt renewable, safer and cleaner sources of power for power generation or mass energy. In addition, renewable energy is obtained from nature which replenishes itself without depleting the earth's resources unlike traditional fossil fuels. Some examples of renewable energy sources include the sun, tides, waves, wind and so on. As well as being nearly inexhaustible and causing little or no harm to the planet's climate and environment, renewable energy comes at an affordable cost and is easily accessible to everyone. Regardless of the energy source, the production of electricity must fulfill the role of meeting the increasing demand from both developed and developing countries. However, the generation and management of energy in power plants is faced with several obstacles such as monopoly, poor service, restrictive government regulations, expensive centralized power grid systems and many more. This problem creates a situation where customers are expected to buy electricity at exorbitant prices. With several emerging technologies such as Blockchain, Internet Of Things (IOT), Artificial Intelligence and so on, the basic issues as mentioned before can be easily tackled which instills trust and security into the electricity supply business.

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Today, a new innovation called Candela Coin aims to leverage digital technologies such as Blockchain technology to introduce a truly decentralized power-sharing ecosystem that is accessible to everyone. The project is focused on solar energy and power sharing will not rely on conventional grid infrastructure, so the energy supply will remain consistent, affordable and open to all. Furthermore, Candela Coin will use IoT technology to facilitate seamless Peer to Peer transfer of power. IOT devices and blockchain technology represent the backbone underlying Candela Coin's mission to decentralize solar energy. Therefore. Leveraging the latest technology allows Candela Coin developers to build a reliable and efficient marketplace for users to connect and trade energy without intermediaries. In addition, Candela offers the possibility to ensure the flow of energy in the power system through the use of predictive analytics, system automation, subscription offers and price signals. As such, Candela Coin has tremendous potential to provide adequate power consumption management through IOT metering coupled with the blockchain, increase efficiency, be highly effective in power sharing, and impact value for the entire ecosystem and community.

CANDELA COIN INFORMATION A dedicated team develops a trademarked cryptocurrency (CLA token) on the Ethereum blockchain and is ERC20 compliant. The CLA token powers the Candela Coin platform and allows users to purchase energy from suppliers within the marketplace framework. Energy consumers and suppliers can be rewarded in CLA tokens for participating in the market. Furthermore, users can receive incentives for holding CLA tokens. Additionally, CLA tokens can be redeemed for Candela Coin hardware and IOT devices at their convenience. ICO will be provided by Candela Coin, so people can participate and buy CLA tokens. The team is offering 95 Million (95,000,000) units of CLA tokens with a fixed hard cap of $3 Million dollars. The total supply of CLA tokens will be 125 Million. In conclusion, Candela Coin is a true innovation that will eliminate the need for costly intermediaries and introduce an unprecedented level of transparency, coordination and credibility into the sharing, consumption and payment of solar power for all users. You can easily get more information about this project by using the Official link.

Вывод: Предстоящая работа заключается в создании децентрализованного и эффективного способа управления новыми потребителями и миллиардами систем электроснабжения. Описанная здесь концепция является первым шагом в развитии приложения транзакционной энергии, выделяющим атрибуты, атрибуты и атрибуты системы электроснабжения. Монеты Candela — это цифровой актив и торговый механизм для передачи солнечной энергии в открытых матрицах солнечной энергии. Они будут готовы снизить цены на возобновляемую энергию в городах по всему миру и способствовать глобальному переходу на устойчивую энергетику. Для получения более подробной информации о монете Candela:

https://linktr.ee/rexcreditnft https://twitter.com/candelacoin https://discord.com/invite/RNdN5CWAaM https://t.me/candeladiscussion https://www.instagram.com/candelacoin

#candelacoin #crypto #cryptocurrency #BEP20 #BNB #BSC #BNBsmartchain #smartchain

author : vicagomez
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