PHENOMENAL PEER TO PEER ENERGY TRANSFER PLATFORM POWERED BY CANDELA
Energy plays a significant part in global development and this fact is apt and can never be overemphasised. Without energy the world economy will hardly developed. Socially we need energy to interact and get the best of our socializing.
There are so many sources of energy. There are hydrocarbon energy source, solar powered energy, hydro energy source and wind mill energy. Despite the importance of energy in our daily socio economy interactions but some energy source are harmful to us and our environment. Yet there are some that are so friendly and fair to us and the environment and such source of energy is the sun and the energy derived from the sun is called Solar energy. Candela project is a team of Tech and ICT that has the concept of decentralizing solar energy that has been harnesed from the sun through solar panels.
The world today is witnessing the advent of decentralisation and Candela Project with their website here:https://www.candelacoin.com/ is bringing decentralisation to solar energy consumption. Candela vision is to create a truly decentralized solar energy across the globe made up of ordinary users, not with the interferance of intermediaries or power companies or middlemen. Candela Project has created IoT hardware and software for seamless peer-to-peer energy transfer.
The energy market is facing a serious problems created by the over centralized power stations and national grids which required constant maintenance resulting in huge expenses. This massive expenses make power to be costly and unaffordable in some places in the world and yet power is essential. There is a postulation that there may be explosion in power demand as the world population continue to increase , this will definitely increase price as the demand has risen. Then there may arise power hoarding and monopoly. Where will all these take the world to ? It is nothing but more hardship and low purchasing ability of the common man.
To overcome these expected set backs in the near future Candela project has come in with the decentralized power sharing system through the LOi using the concept of blockchain technology. The elimination of centralized power production will allow people to source their energy from where they can get it at an affordable rate.
By using blockchain technology enabling owners of solar panels to sell their generated energy to other users, bringing in the best returns possible for their solar energy and the cheapest green energy on the market. Introducing blockchain technology in energy distribution is innovative as Candela Project has introduce Candela Coin (CLA) which will enable people across the globe to transfer solar energy to others in their communities using Candela coin as a medium of exchange. This decentralized system does not rely on the existing power grid infrastructure. There will be constant energy supply to the communities whether there is disruption in the national public grid or not , whether there is natural disaster like storm or eathquake power supply using Candela solar energy will not be affected. Introduction of blockchain technology will enhance transparency in issue of power supply and payment. It will create competition giving the people diversity and bringing the cost of energy down and more affordable.
Candela Project will be going into the market through ICO where the people will participate in buying Candela Coin (CLA) The team is offering 95 Million (95,000,000) tokens of CLA with a fixed hard cap of $3 Million dollars. The total token supply will be 125 Million.
Road Map
I beleive that this project has a very huge potentials being a pioneer in the energy decentralization and introduction of blockchain to enable transparency in energy consumption and payments. You can read more about this novel project as you visit their social media and whitepaper below
White paper:https://uploads-ssl.webflow.com/5ee80918fa53c4dbf6968b3c/5f111ea74156e3098fb6874d_white%20paper%20(11).pdf
facebook:https://www.facebook.com/Candela-Coin-111118247315246/
Twittwer: https://twitter.com/candelacoin
Telegram:https://t.me/candelacoindiscussion
Youtube: https://www.youtube.com/channel/UCE4g5uz2tLyKe5xolPQzMNg
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