Hello guys. As you can remember from my first article about the project Eloncity I basically described the " Eloncity Concept" and the features of the Eloncity Project referring to official video and official website of the project. So today what I'm going to write is something different. From this article, I'm going to tell my honest point of view about this project Eloncity.
We all know how important the word " Electricity " or " Power " to us. Each and every work we do, each and every instrument we use in our day today life totally depends on these words. Without electricity, we can simply say we feel like living in the stone age. We all know the current AC (alternative current ) based centralized power systems have lots of issues and disadvantages. But for decades we didn't see any improvement in the concept of these centralized AC power systems. So it's true that world was waiting for a good concept which can overcome all these issues. I think Project Eloncity is the concept we were looking for last few decades. It's the future of Power and it's the future of the world.!
I will explain to you why I trust this project this much referring to the following solusions given by this "Eloncity Concept"
Let's consider the first point ,
****BlockChain based trade systems make energy trade transparent****
Taking the support of the blockchain technology, this Eloncity Concept proves that this energy trading can be done very transparently and it solves a major issue in current existing power systems.
And the new infrastructure aims to develop a market for this energy within the decentralized microgrid-based power systems. The Blockchain technology helps to keep an efficient trading system with fast-moving actions to keep a balanced demand and supply process.
Another important fact we have to consider is this project Eloncity is tied with renewable power concepts. For example solar power generation, wind power generation, mini-hydropower generation etc. Because we can't imagine decentralized micro-grid based power system without considering the power generation using renewable power sources and can't forget power storage too. So now you can clearly understand this system is not an AC (alternative current ) based system anymore. It's a mixture or a combination of both AC and DC (direct current). That means the back end of the power system and transmission basically will go with DC. So due to that reason, the transmission loss is very less in this system comparing to conventional AC based centralized power systems. So due to that Electricity can be supplied to the consumers for a cheaper price than now. So when looking at the idea of this project, another point I figure out was the environmental friendly concept. It is very significant. As this project tries to go with more and more renewable energy, the system automatically becomes more environmental friendly.
So when considering all the above facts and points we can very easily understand the capability of this project. In simple words, it can change the world. So with the huge popularity it gaining day by day we can see that the project Eloncity is running to the success. Following are the plus points I noticed
- The Eloncity concept is with modern technology
- Reliable
- Gives practical solutions
- Addresses issues in power industry and gives reliable and efficient solutions
- Environmental friendly
So it is very clear that this project is the future of the world power sector. I welcome you all to check out their website for more information from the following link. And don't forget to follow their social media platforms and keep updated with the project.
And I like to state my very personal idea about this project for you ,as I'm an Electrical Engineer in my profession I know the significance of this project. Simply speaking our power systems are in a very undeveloped stage. All the systems are fully centralized and almost all the countries have a monopoly in the Power sector. So consumers have to pay the supplier any amount supplier demands. So this " Eloncity concept " addresses all such issues. It is a very good concept and I think investors should consider this project because it will be not a simple investment but a great step forward to save the world.
Thank you all.. please don't forget to share your idea about this project with me. you are welcome to comment here anytime.
Thank you
Follow these links and keep in touch with this project :
Identification Link : http://eloncity.io/?utm_source=Content&utm_medium=Bounty&utm_campaign=B000090
Eloncity Telegram Group: https://t.me/Eloncity
Krypital Bounty Telegram Group: https://t.me/KrypitalBounty
Krypital News: https://t.me/KrypitalNews
Don't forget to follow these social media profiles to get the latest news about the project.
Facebook : https://www.facebook.com/Eloncity-229599404279234/
Twitter : https://twitter.com/Eloncity_io
Linkedin : https://www.linkedin.com/company/eloncity/
Instagram : https://www.instagram.com/eloncity_io/
Reddit : https://www.reddit.com/r/Eloncity/
Author Details :
Name : Vimukkthi Vithanage
My Bitcointalk profile : https://bitcointalk.org/index.php?action=profile;u=1823047