The CAREON Chain platform is a blockchain based platform that was developed with the aim of rubbing mind on facts on hybrid automobiles, tasks etc. The idea is to create this through the use of information and technology center for everything relating to hybrid vehicles. The platform makes it possible for researchers, developers and manufacturers of hybrid vehicles to meet and interact all over the globe.
There will be a decentralized platform where every research work will be kept – be it a simple college project or a scientifically proven research. It will be used to create hybrid technologies for the automobile sector.
Developed on the Ethereum platform, the CAREON Chain is a research and development center for a the hybrid car
Through the hybrid car technology, there will be mass production of low cost hybrid vehicles. This will be possible through government’s interest. This will drastically reduce the reliance on the use of fossil fuel.
Hybrid cars came to bring about a practical solution to drivers and the society alike by making available vehicles less toxic. The hybrid vehicle makes use of an electric motor and a car engine. While driving, the electric motor’s batteries are charged which improves its overall efficiency.
Benefits of the CAREON Chain Project
The CAREON Cain projects have some exciting features that make it stand out. Some of these are:
•Fast Transaction: With the use of the scalable ledger system, the platform is unique, reliable and pretty fast
•Safe for All: There is an advanced system with which borrowers on the platform are verified. Asides, CAREON Chain provides verification service for quite a number of services as well.
•Money Exchange: There is an exchange platform on CAREON chain where users can exchange the popular currencies without delay.
•Online Wallet: There is also an opportunity for users to invest their funds on the platform wallet. It gives a secure and transparent storage system for users of the CAREON chain platform.
•Advanced Security System: With the use of the blockchain technology, there is a security system where all hybrid cars are stored. It is a safe system that doesn’t give access to scams and hackers
CAREON Chain REO Token & ICO Details
REO coin, a utility token, is the token of the platform. It gives users and investors the power to trade, interact and transact on the platform. With the REO tokens issued during the ICO, users will be able to access the system and do all sort like uploading their research work.
Research data will also be available to interested companies and manufacturers with the REO tokens. It is projected that the token will help to buy hybrid cars in the future.
ICO Parameters
Token symbol: REO
Token sale date: 5th August - 15th October 2018
Accepted payment mode: Bitcoin and Ethereum
ICO: 165,000,000 REO
Total token supply: 360,000,000 REO
Hard cap: 20,000,000 USD
Soft cap: 2,000,000 USD
Some reasons you should consider a Hybrid car
•By 2040, there will be a ban on all petrol and diesel cars
•It preserves the environment
•It is cheap by saving on petrol and the overall operating cost
•Technology improves every day
Conclusion:
The CAREON Chain project
Without a doubt, investing in the CAREON chain project is a worthy business deal. The reason is simple; you are investing in the future. In roughly 25 years to come, the vehicle market will be saturated with hybrid cars.
This is a sure deal as with the current trend, even hybrid cars are gradually phasing out the present cars. Asides, the CAREON chain will succeed. This is evident in the soft cap that was accomplished some days ago.
Useful information links
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