CANDELACOIN: IMPROVING THE DISTRIBUTION AND CONSUMPTION OF ENERGY GLOBALLY

in #candelacoin4 years ago

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INTRODUCTION

Energy distribution and maintenance have been a whole lot to deal with in terms of the cost involved and the way the system is centralized. That has hindered the efficiency of the sector and has led to an increase in the price which now becomes a problem to the consumers. If this trend should be allowed to continue, there wouldn't be a better way to use energy and the price will keep rising as a matter of fact. Sometimes, other factors other than price or the maintenance are discovered to pose major setback but with Candela coin, all of those problems would be annulled as a new power supply system is introduced into the platform through solar energy.

ABOUT CANDELA COIN

Candela coin has come to fix the energy industry through its features and the blockchain working together with it to make users get what they should. The blockchain is in position to assist the solar energy innovation and cause a shift from the old power station source to the solar energy source which is a renewable kind of energy with so many advantages. This platform is able to find easy application and integration into the blockchain because it allows easy peer to peer transactions that will make the users able to share their values. Then that would make the solution sustainable and able to benefit many more individuals.

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THE REAL OPPORTUNITIES DERIVED FROM CANDELA COIN

The present technology being used with Candela makes the consumers able to adopt the solution even more because they find it easy to use their smartphones as they use the solutions. They also get the chance to use and distribute smart appliances all of which have a degree of improvement to add to the way we live. Candela aims at preventing the loss of energy and satisfying the demand for electricity that has grown over time in the marketplace.

This platform makes it possible to now use energy in all large or small quantity. It makes it possible to store the same energy and have them distributed by all the members. So it is more like an additional type of energy that works and is effective regardless of the condition of the old type of non renewable energy. Exchanging this type of energy however makes the industry affected positively by Candela coin. Candela uses IoT devices, the marketplace that is in form of a software and the exchange inorder to make Candela coin perfectly useful. This platform makes it possible for both the market experts and newbies to make analysis that would be of interest to the entire members of Candelacoin.

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CONCLUSION

In conclusion, now is the time to make this change in the energy sector to improve both types of markets, both secondary and primary markets. Energy in the market will now be democratized and more openness would be seen as well as Decentralization which is really going to be the bedrock of all this innovation. By Candela, we can all change our ways of transacting energy, consuming and trading it amongst ourselves.

USEFUL LINKS

Website: https://www.candelacoin.com/

Whitepaper: https://uploads-ssl.webflow.com/5ee80918fa53c4dbf6968b3c/5f111ea74156e3098fb6874d_white%20paper%20(11).pdf

Telegram: https://t.me/candelacoindiscussion

Twitter: https://twitter.com/candelacoin

Facebook: https://www.facebook.com/Candela-Coin-111118247315246/

Linkedln: https://www.linkedin.com/company/candela-foundation/

Instagram: https://www.instagram.com/candelacoin/

Youtube: https://www.youtube.com/channel/UCE4g5uz2tLyKe5xolPQzMNg

AUTHOR'S DETAILS

Bitcointalk Username: Royalaim

Bitcointalk Profile Link: https://bitcointalk.org/index.php?action=profile;u=2768243

Proof of Authentication: https://bitcointalk.org/index.php?topic=5267259.msg55318779#msg55318779

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Good project. Nice write up