CAREON CHAIN: PROVIDING A POLLUTION FREE ENVIROMENT THROUGH HYBRID CARS
INTRODUCTION
Investing in cryptocurrency has confirmed to capitulate considerable returns for investors. With the swift acceptance of blockchain technology, cryptocurrency has emerged as an exhilarating asset class of its own. There has been an unparalleled growth in the marketplace as inventive breakthroughs have led to thrilling opportunities for investors.
However, there are still hindrances for many investors. Investing in cryptocurrency remains a composite and most likely
dicey venture. The market is speedily developing, and these hindrances are stopping investors from taking advantage.
Careon Chain wants to revolutionize and improve this for a better experience .It is the only ICO which will convey together all the study work in hybrid car technology beneath one platform for the general expansion of hybrid car
RESEARCH AND DEVELOPMENT.
Careon Chain allows investors to be part of a new movement of an independent, disrupting technology through sound investment in a swiftly expanding, in-demand marketplace.
Careon Chain Company provides the essential direction and product donations to allow investors to take full advantage of the digital currency and blockchain revolution. Investors can achieve entry into the Careon Chain actively-managed finance (REO Tokens) by taking part in the Careon Chain upcoming Initial Coin Offering (ICO).
Similarly, CAREON chain is a decentralized blockchain which has its own significance. It has its own hybrid block chain and secured wallet system for its token (REO). It’s a first and only blockchain based platform for Research and development of Hybrid vehicle technology. CAREON chain also intend to bring revolt in hybrid car industries by making the entire world acts as a research and development center for Hybrid technology in automotive sectors as we all know raising level of pollution, high cost of fuels(diesel, petrol) etc which is harming our surroundings in an incredibly hazardous way.
So as a result of this, various companies and governments across the world came with the answer for alternative technology in automotive sector in which manufacturing of hybrid car is one of the solutions but the improvement in this field is comparably extremely fewer as it has been introduced to the world lately.
However, inhabitants all around the world who know its significance are taking attention to it and are researching it on their own level. Engineering students around the world are having their projects on this topic and some automotive enthusiasts are researching confidentially, etc.
CAREON chain aims to offer a single platform for allotment of Hybrid vehicle data, innovations, projects
and research work by making whole world acts as a novelty and research and development center for
this imminent technology in automotive sectors. This will develop the technology as early as possible
and will help both automotive manufacturers, government and people to fight with the problem of contamination,
high fuel cost, etc
CAREON CHAIN’S DINSTINCTIVE VISUALIZATION
The idea behind the development of the https://www.careonchain.io/ project evolves from the inconceivable potentials
of the crypto space. Careon chain will develop a translucent platform for the community to serve the problem of research in the field of hybrid cars.
Additionally, REO tokens will be used to upload any research work in blockchain data
and companies can also buy it through users by paying REO tokens and In future, REO token can be used for procurement of hybrid cars and can be used in E-commerce website.
ISSUES AND OPPORTUNITIES
Careon chain is a decentralized vehicle platform that aims to assemble all significant information
about new and latest hybrid vehicle technology, including research reports, journals, mileage, and any other significant information.
The idea of the Careon Chain project is to resolve the problem of REARCH AND DEVLOPMENT hybrid technology in field of automobile. The vital information can be used vehicle market by creating a decentralized, transparent block chain database that records all data of research that is going on throughout the world for development of hybrid vehicles.
INTRODUCING THE CAREON CHAIN
Careon is focused on the hybrid vehicle sector and its significance in human daily lives.
We all need to take a trip to diverse destinations from day to day for various purpose, and many do easily 4 – 5 times per day, 365 days per year, for an average of 80 years.
Careon Chain believes that fuel (diesel, petrol, coal, etc) drives the different vehicles and thus causes 85% of world air pollutions which is straightforwardly or obliquely affecting human life and atmosphere and causes global warming. Aside clean water, access to adequate clean air is the primary concern for most people in the world.
The governments in different countries are also encouraging the acceptance of hybrid cars by mandating harsh emission standards and providing different incentives and subsidy to buyers, which is possible to reflect completely on the sales of these vehicles in the near future.
The international market for hybrid cars, which was at US$102.88 billion in 2015, is projected to hit US$398.90 billion by 2024, growing at a CAGR of 16.50% between 2016 and 2024.
THE PROBLEM
FUTURE
Hybrid Cars are the future of car industry before going full electric as due to pollutants discharge problems as well as increasing pollution there is need to go for higher emission standards.So there is a wide scope for hybrid cars.
POLLUTION FROM CARS.
75% of carbon monoxide emissions come from automobiles. In urban areas, dangerous automotive emissions are accountable for anywhere between 50 and 90 percent of air pollution.
Almost one half of all Americans—an estimated 150 million—live in areas that don’t meet up federal air quality standards. Passenger vehicles and heavy-duty trucks are the major sources of this pollution, which includes ozone, particulate matter, and other
smog-forming emission.
The health risks of air pollution are exceedingly grave. Poor air quality increases respiratory ailments like asthma and bronchitis, increases the risk of life-threatening conditions like cancer, and burdens our health care system with large medical costs. Particulate matter is alone accountable for up to 30,000 premature deaths each year.
Passenger vehicles are the main pollution contributor, producing considerable amounts of
nitrogen oxides, carbon monoxide, and other pollution. In 2013, transport contributed more than half of the carbon monoxide and nitrogen oxides, and approximately a quarter
of the hydrocarbons emitted into the air.
SOLUTION
Clean vehicle and fuel technologies present us with an inexpensive, available means of plummeting transportation-related air pollution and climate change emissions. These include fuel-proficient vehicles that use less oil; cleaner fuels that generate fewer emissions;
and electric cars and trucks that can entirely remove tailpipe emissions.
Strong federal and state policies also help. Vehicle emission standards have helped incise
pollution from cars and trucks by about 90 percent since 1998, with further improvements coming from the Tier 3 standards. Future emissions reductions from trucks and
other freight sources are important for meeting air quality standards and protecting the
health of those who live and work close to rail yards, ports, and freight corridors.
Fuel-efficient vehicles use less gas to journey the same distance as their less efficient counterparts. When we burn less fuel, we create fewer emissions. When emissions
go down, the pace of global warming slows.
Cleaner fuels generate fewer emissions when they are burned. Some fuels—such as those made from cellulosic bio-fuels can reduce emissions by 80 percent compared to
gasoline. And better policy would help prevent the gasoline we do use from getting
any dirty,
The Utility token of the Careon Chain platform is the REO token and it is the accepted currency on the Careon Chain platform.
For more information on Careon Chain and how to participate in the ongoing ICO kindly visit the following links
Website: https://www.careonchain.io/
Telegram: https://www.t.me/careonchain
Whitepaper: https://www.careonchain.io/whitepaper.pdf